| Date | Title | Description |
| 20.09.2026 | HRtech Unicorn Darwinbox Secures Deepened Investment From Teachers' Venture Growth | HRtech unicorn Darwinbox has secured a significant follow-on investment from Teachers’ Venture Growth (TVG), the late-stage investment arm of Ontario Teachers’ Pension Plan. This strategic financial injection, made through a secondary share... |
| 19.09.2026 | HRtech unicorn Darwinbox secures follow-on investment from Teachers’ Venture Growth | Teachers’ Venture Growth (TVG), the late-stage investment arm of Ontario Teachers’ Pension Plan, has made a follow-on investment in HRtech startDarwinbox.
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The transaction was carried out entirely through a secondary share sale.... |
| 14.07.2026 | Elevation Capital collects $500 mn for ninth fund to back early-stage startups | Elevation Capital's team
Homegrown venture capital firm Elevation Capital has closed its ninth flagship fund that will invest in early-stage AI-focused startups in India.
The VC firm said it has collected $500 million (about Rs 4,810 crore)... |
| 03.02.2026 | Dark store rentals tighten in tier 1 as quick commerce turns selective; tier 2 demand accelerates | - |
| 19.08.2025 | REnergy Dynamics (RED) Launches 'REDi' - A New Vertical Offering Specialised Industrial Construction Services | New Delhi, Delhi, India
REnergy Dynamics Infraworks Pvt. Ltd. (REDi) has officially launched as a new vertical of REnergy Dynamics (RED). REDi will offer specialised industrial construction and EPC solutions across India. Positioned as an i... |
| 18.08.2025 | Darwinbox Secures USD 40 Mn from Ontario Teachers' Venture Growth As part of the deal, Peak XV Partners partially sold its stake in the company. | Hyderabad-based software-as-a-service (SaaS) firm Darwinbox has raised USD 40 million from Teachers' Venture Growth (TVG), the late-stage venture and growth arm of Ontario Teachers' Pension Plan (OTPP).
The company announced the development... |
| 15.08.2025 | HR Tech Unicorn Darwinbox Secures $40M for Global AI Push | Darwinbox, a premier HR tech unicorn, secured $40 million from Ontario Teachers' Pension Plan via its Teachers' Venture Growth arm. This significant capital injection accelerates its ambitious North American expansion plans and enhances its... |
| 14.08.2025 | Darwinbox secures $40 million funding from Canada's OTPP | Synopsis
Darwinbox secured $40 million from Teachersâ Venture Growth after a $140 million round in March, valuing the HR solutions provider at $1 billion in 2022. The investment includes secondary transactions, offering early investors li... |
| 02.07.2025 | PE firm Gaja Capital files for IPO via confidential route | Gopal Jain, co-founder and managing partner, Gaja Capital | Credit: Gaja Capital
Homegrown private equity firm Gaja Capital, which is investing out of its fourth fund that it raised a year and a half ago, has confidentially filed for an ini... |
| 19.04.2025 | Xpressbees’ Loss Widens 11% To INR 200 Cr In FY24 | SUMMARY
The startup reported a 10.8% increase in its loss to INR 199.9 Cr in FY24 from INR 180.4 Cr in the previous fiscal year
Operating revenue grew 11.8% to INR 2,831.3 Cr during the year under review from INR 2,531.5 Cr in FY23
Xpressbe... |
| 10.03.2025 | Investcorp settles rule violation case with SEBI for India real estate fund | Gaurav Sharma, head - India investments, Investcorp
Bahrain-based asset manager Investcorp and four of its current and former executives have settled a case pertaining to violations of alternative investment fund regulations with the Securi... |
| 01.03.2025 | Shifting Sands: The Evolving Landscape of Venture Capital and Visa Services | In the fast-paced world of venture capital and technology, change is the only constant. Recent developments highlight this truth, showcasing the dynamic shifts in leadership and acquisitions that shape industries. Two stories stand out: Viv... |
| 26.02.2025 | Vivek Mathur Steps Down as Elevation Capital COO After 14 Years Mathur, who played a key role in shaping the firm's portfolio, is now transitioning into an advisory and mentorship role, working with e... | Vivek Mathur, partner and chief operating officer (COO) at Elevation Capital, has stepped down after a 14-year tenure at the venture capital firm.
Mathur, who played a key role in shaping the firm's portfolio, is now transitioning into an a... |
| 24.02.2025 | Investcorp appoints former Tech Mahindra exec as senior operating partner | (From left) Investcorp's Gaurav Sharma, Vivek Agarwal, Varun Laul and Anshuman Goenka
Bahrain-based alternative investment firm Investcorp has appointed former Tech Mahindra executive Vivek Agarwal its Senior Operating Partner for India ope... |
| 16.01.2025 | Avendus nets nearly $100 mn to hit first close of third late-stage fund | Ritesh Chandra, managing partner, Avendus Future Leaders Fund
Mumbai-based investment banking and asset management firm Avendus Capital said Thursday it has marked the first close of its third private equity fund and is looking to make its ... |
| 06.12.2024 | Delhivery Expands ESOP Pool, Allots 20K Stock Options | SUMMARY
The newly-alloted stock options are convertible into one fully paid‐up equity share having face value of INR 1 each
Founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan and Kapil Bharati, Delhivery is a tran... |
| 13.08.2024 | Festival season drives surge in demand for gig workers | The upcoming festival season will see a surge in demand for gig workers as quick commerce firms such as Zepto, and Swiggy Instamart to online retailers like Meesho, Amazon and others anticipate a spike in demand for goods.
Industry sources ... |
| 25.07.2024 | The Rise of New Ventures: A Fresh Wave in India's Startup Ecosystem**
** | ** India's startup landscape is buzzing. New players are emerging, fueled by fresh capital and innovative ideas. Two recent developments stand out: Ninecamp Ventures and PROMAFT Partners. Both are poised to reshape their respective sectors,... |
| 19.07.2024 | Ex-Alibaba and 9Unicorns Executives Launch INR 1,000 Cr VC Fund PROMAFT Partners The sector-agnostic fund will invest in companies with proven product-market fit, making 10-12 strategic investments an... | Raghav Bahl, former head of investments at Alibaba Group's India business, and Soham Avlani, ex-partner at 9Unicorns, have announced the launch of a new venture capital fund, PROMAFT Partners, with an initial corpus of INR 1,000 crore.
This... |
| 15.06.2024 | Amid Surging Demand, Delhivery And Xpressbees Mull Entry Into Quick Commerce: Report | SUMMARY
Alongside the plans of entering into quick-commerce, Gurugram-based Delhivery has initiated to manage Swiggy Instamart’s larger warehouses that supply to small dark stores or fulfilment centres
In May, Delhivery said it is setting u... |
| 29.05.2024 | Avendus Capital rolls out third Future Leaders Fund, targets $350 mn | Ritesh Chandra, managing partner, Avendus Future Leaders Fund
Avendus Capital has ramped up its play in the alternative investment fund (AIF) sector with the launch of a new vehicle on Wednesday.
The Avendus Future Leaders Fund (FLF) III, a... |
| 25.04.2024 | Norwest Closes 17th Fund At $3 Bn, India Continues To Be A Focus Market | SUMMARY
Called NVP 17, the multi-stage fund will invest in startups across sectors such as enterprise tech, consumer and healthcare in three focus markets – India, Israel, and the US
Norwest Venture Partners also said it recently elevated N... |
| 03.04.2024 | Stellar returns: Blackstone to invest $17 billion more in India | “I want to do more,” said Jonathan Gray, President and Chief Operating Officer of Blackstone Inc, which is planning fresh private equity investments of $17 billion in India.
Gray was talking to the media in Mumbai about Blackstone’s investm... |
| 09.11.2023 | Deals in brief: Authentick, LXA, and Gother secure funding, Sumitomo Life invests in Singlife, multiple China and India deals, and more | Menyala leads USD 4 million investment in Authentick
Menyala, a venture builder founded by Temasek, has led a USD 4 million investment in Authentick, a Singapore-based digital collectibles startup.
Authentick is the creator of Authentickato... |
| 09.11.2023 | Xpressbees Raises $80M in Funding | WAREHOUSING & LOGISTICS Xpressbees Raises $80M in Funding
09 Nov 2023 CW Team
Indian logistics company, Xpressbees, has successfully raised $80 million in funding from Teachers' Venture Growth. This investment will enable Xpressbees to ... |
| 08.11.2023 | Alibaba-backed Xpressbees zooms ahead with $80m round | EcommerceInvestmentsNewsStartups
Samreen Ahmad · 8 Nov 2023 · 2 min readAlibaba-backed Xpressbees zooms ahead with $80m round
Photo credit: Xpressbees
The Ontario Teachers’ Pension Plan has pumped US$80 million in Indian logistics firm Xpre... |
| 07.11.2023 | Ontario Teachers venture arm invests $80 million in Xpressbees | ETtechAmitava Saha, CEO, Xpressbees
Teachers’ Venture Growth (TVG), the venture arm of Canada's Ontario Teachers’ Pension Plan, has invested $80 million in ecommerce-focused third-party logistics firm Xpressbees.
TVG has invested in Xpressb... |
| 07.11.2023 | Xpressbees snags $80 mn from Ontario Teachers’ arm | Amitava Saha, founder and CEO, Xpressbees
Logistics unicorn Xpressbees on Tuesday said it has raised $80 million (around Rs 665 crore) from Teachers’ Venture Growth (TVG), the late stage investment arm of Canadian pension fund Ontario Teach... |
| 07.11.2023 | Canada's Ontario Teachers' Pension Plan invests $80 mn in Xpressbees | Xpressbees, a leading logistics firm, has raised $80 million from Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of the C$249 billion Ontario Teachers’ Pension Plan. The new valuation of the firm after this... |
| 06.11.2023 | Ontario Teachers’ fund backs Indian logistics unicorn Xpressbees in $80 million funding | Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, has raised $80 million in a new funding round led by Ontario Teachers’ late-stage venture growth fund amid a surge in the country’s online shoppin... |
| 28.04.2023 | Logistics Provider Xpressbees Raises $40 Mn From Khazanah Nasional Berhad | Xpressbees, an end-to-end logistics provider, has raised a $40 million investment from Khazanah Nasional Berhad (Khazanah), the sovereign wealth fund of Malaysia.
With this investment, Khazanah joins a high-quality set of investors in the f... |
| 28.04.2023 | Malaysia's Khazanah invests $40m in Indian logistics unicorn Xpressbees | Indian third-party logistics unicorn Xpressbees has secured a $40-million investment from Malaysia’s sovereign wealth fund Khazanah Nasional, according to a company statement.
The investment will be made through a secondary purchase from an... |
| 28.04.2023 | Xpressbees raises $40M from Malaysia's Khazanah Nasional Berhad | Indian logistics solutions provider Xpressbees has raised $40 million in funding from Malaysia's sovereign wealth fund Khazanah Nasional Berhad. According to the company's statement, the investment from Khazanah will be made through a secon... |
| 28.04.2023 | Xpressbees raises $40 million from Khazanah Nasional Berhad | Xpressbees raises $40 million from Khazanah Nasional Berhad 1 min read . Updated: 28 Apr 2023, 09:15 AM IST Livemint
Premium Elevation Capital has sold 4% stake in the company to Khazanah, valuing the new-age logistics provider at $1.2 pre-... |
| 28.04.2023 | Xpressbees raises $40 million investment from Khazanah Nasional Berhad | Xpressbees, a third-party logistics provider, has raised a $40 million investment from Khazanah Nasional Berhad (“Khazanah”), the sovereign wealth fund of Malaysia through a secondary share sale.
According to reports, Elevation Capital has ... |
| 28.04.2023 | Xpressbees Raises $40 Million Investment From Khazanah Nasional Berhad | - |
| 10.02.2022 | India's Xpressbees valued at $1.2B | Blackstone has agreed to lead a $300 million investment in Xpressbees, with support from TPG, ChrysCapital and existing investors Norwest Venture Partners and Investcorp. The Series F values the Indian express logistics startup at $1.2 bill... |
| 10.02.2022 | Xpressbees Enters Unicorn Club After $300 Million Series F Funding Round | - |
| 10.02.2022 | E-commerce logistics provider Xpressbees Turns Unicorn After Raising USD 300 million | E-commerce logistics provider Xpressbees has announced that it has raised $300 million in a funding round led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital. The company is now a unicorn after the round valued it at ... |
| 10.02.2022 | Logistics firm Xpressbees raises $300 million in funding from PE funds Blackstone, TPG, ChrysCapital at $1.1 billion valuation | ETtech
Mumbai: Xpressbees, a new-age logistics services provider said it has raised $300 million in a new funding round led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital. The latest financing values the Pune-based c... |
| 10.02.2022 | Logistics start-up Xpressbees raises $300 mn to become 8th unicorn of 2022 | Pune-based logistics start-up Xpressbees has raised $300 million in a Series F funding round, making it the 8th company in 2022 to become a unicorn. The latest fundraise values the firm at $1.2 billion. The funding round was led by private ... |
| 09.02.2022 | Logistics firm Xpressbees valued at $1.2 billion after $300 million funding | Advertisment
At present, It has its presence across 3,000 cities, serving over 20,000 pin codes, and delivers over 1.5 million packages per day, it said. The company is operating from more than 100 hubs across the country.
Speaking on the... |
| 09.02.2022 | Xpressbees raises $300 mn in unicorn round, some major investors exit | Logistics start-up Xpressbees said on Wednesday it has raised $300 million in a funding round led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital. The company is now a unicorn after the round valued it at $1.2 billion... |
| 09.02.2022 | Xpressbees turns unicorn after raising $300 mn from Blackstone, TPG, ChrysCapital, others | Logistics service provider Xpressbees has raised $300 million in a Series F round from private equity firms like Blackstone, TPG, and ChrysCapital, making its way into the much coveted unicorn club.
Founded in 2015, Xpressbees is currently ... |
| 09.02.2022 | XpressBees enters unicorn club after $300 Mn Series F round | XpressBees, e-commerce focused end-to-end supply chain solutions provider, has raised $300 million in its Series F round led by Blackstone Growth, TPG Growth and ChrysCapital. Existing investors such as Investcorp and Norwest Venture Partne... |
| 09.02.2022 | Logistics firm Xpressbees raises $300 million in funding from PE funds Blackstone, TPG, and ChrysCapital at $1.1 billion valuation | ETtech
Mumbai: Xpressbees, a new-age logistics services provider said it has raised $300 million in a new funding round led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital. The latest financing values the Pune-based c... |
| 09.02.2022 | TPG : Xpressbees raises $300 million in funding from Blackstone, TPG, and ChrysCapital | PDF Version139.5 KB
Pune, February 9, 2022 - Xpressbees, India's fastest growing third-party end-to-end logistics provider, today announced it has raised $300 million in a Series F funding round led by private equity funds Blackstone Growth... |
| 09.02.2022 | Xpressbees raises $300 mn in funding from Blackstone Growth, others | Xpressbees raises $300 mn in funding from Blackstone Growth, others
Premium Xpressbees is playing an important role in India’s booming e-commerce sector, which is still at an early stage and has a long runway of development,' said Mukesh Me... |
| 08.02.2022 | Indian logistics firm Xpressbees becomes unicorn with $300 million fresh funding | Xpressbees, an Indian logistics startup that works with several e-commerce firms in the country, has more than tripled its valuation to $1.2 billion in a new financing round.
The Pune-headquartered startup said on Wednesday it has raised $3... |
| 04.02.2022 | XpressBees Announces Winner of Xpressathon 1.0 | Pune, Maharashtra, India
XpressBees, an end-to-end logistics provider is pleased to announce the winners of its first-ever nation-wide coding Innovation Challenge “Xpressathon“. The event received an overwhelming 1700 registrations from par... |
| 17.12.2021 | XpressBees Launches "Xpressathon" Innovation Challenge | Pune, Maharashtra, India
XpressBees, an end-to-end logistics provider is pleased to announce the launch of its first-ever pan India coding innovation challenge "Xpressathon". Xpressathon is a virtual challenge and invites develope... |
| 05.11.2021 | The dawn of a founder-led startup ecosystem in India | Over the years, a wide array of factors have accounted for the growth of India’s startup ecosystem. Some of them include the mobile ubiquitousness that comes with affordable mobile access, positive macroeconomic metrics, the creation of dig... |
| 10.11.2020 | Logistics startup XpressBees raises USD 110 million from PE funds | Alibaba-backed logistics and supply chain startup XpressBees has raised USD 110 million in its Series E funding round from private equity firms Investcorp, Norwest Venture Partners, and Gaja Capital.
The deal gives three PE funds an equity ... |
| 10.11.2020 | XpressBees secures $110 Mn in Series E round | E-commerce focused end-to-end supply chain solutions provider XpressBees has secured $110 million in its Series E funding round from Investcorp, Northwest Venture Partners, and Gaja Capital.
Post the latest capital infusion, the three inves... |
| 10.11.2020 | Logistics Company XpressBees Raises $110 Million From Investcorp And Others | Advertisment
In January 2018, XpressBees had raised $100 million from the Alibaba Group as part of its corporate funding round.
Following, In January 2020, it raised $10 million in its Series D funding round from existing investor Alibaba... |
| 10.11.2020 | PE funds invest Rs 800 crore in Xpressbees | ETtechIllustration: Rahul Awasthi
Three private equity funds
Investcorp, Norwest Venture Partners and Gaja Capital together invested about Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the ecommerce focused end-to-en... |
| 10.11.2020 | [Funding Alert] Xpressbees Raises $110 Mn In Series E Funding Led By Investcorp, Norwest Venture Partners and Gaja Capital | November 10, 2020 2 min read
Opinions expressed by Entrepreneur contributors are their own.
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Indian logistics firm Xpressbees announced it has raised $110 m... |
| 10.11.2020 | Xpressbees raises $110 mn amid surging ecomm delivery demand | Shweta Sharma 10 Nov, 2020
Pune-based Busybees Logistics Solutions, which owns logistics platform Xpressbees, has raised $110 million in a growth funding round, led by Investcorp, Norwest Venture Partners and Gaja Capital.
The company will ... |
| 10.11.2020 | PE funds invest Rs 800 crore in Xpressbees | ETtechIllustration: Rahul Awasthi
Three private equity funds Investcorp, Norwest Venture Partners and Gaja Capital together invested about Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the ecommerce focused end-to-en... |
| 09.11.2020 | Indian logistics startup Xpressbees raises $110 million | Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, said on Monday it has raised $110 million in a new financing round as online shopping booms in the world’s second largest internet market.
The Pun... |
| 27.12.2019 | [Funding alert] Alibaba to invest $10M in logistics startup XpressBees | Pune-based logistics startup XpressBees is set to raise $10 million from its existing investor, Alibaba, in its Series D round. The Chinese conglomerate invested over Rs 225 crore in XpressBees in 2018.
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| 20.02.2019 | ₹35 crore in Xpressbees in fifth deal this year" data-reg="InnoVen Capital invests ₹35 crore in Xpressbees in fifth deal this year">InnoVen Capital invests ₹35 crore in Xpressbees in... | Ashish Sharma, chief executive officer of InnoVen Capital India. ₹35 crore in Xpressbees in fifth deal this year" data-reg="InnoVen Capital invests ₹35 crore in Xpressbees in fifth deal this year">InnoVen Capital invests ₹... |
| 20.02.2019 | Indian venture debt firm InnoVen Capital invests $4.9m in logistics startup Xpressbees | Premium
InnoVen Capital, which provides loans to startups, has invested ₹35 crore in e-commerce logistics provider Xpressbees, marking its fifth deal in 2019. The venture debt firm has now invested about ₹75 crore this year across five comp... |
| 30.01.2018 | Logistics firm Xpressbees raises $35 mn from Alibaba | Logistics firm Xpressbees has raised Rs 225 crore (around $35 million) in its Series D round of funding from Alibaba.com Singapore E-commerce Pvt. Ltd, a wholly-owned subsidiary of Chinese internet giant Alibaba Group Holding Ltd, show docu... |
| 30.01.2018 | After payment and e-tail, Alibaba now invests Rs 224 Cr in logistics firm Xpressbees | China e-commerce giant Alibaba, who was looking to invest in Pune-based logistics firm Xpressbees has finally sealed the deal with a whopping Rs 224 crore in the firm run by Busybees Logistics Solutions.
This is Alibaba’s sixth bet on the I... |
| 19.02.2016 | Daily funding roundup - February 19, 2016 | Indigo secured $56M; Athentek raised $7M; BUX closed $6.9M funding
AlmaConnect, a social network based on private alumni networks focused on helping an alum/student get help from his/her alumni network, raised a Pre-Series A round of fundin... |
| 19.02.2016 | Xpressbees raises $12.5M from SAIF Partners, IDG Ventures, others | Pune-based e-commerce logistics firm Xpressbees has raised about $12.5 million (around Rs 86 crore) in funding from its existing investors – SAIF Partners, IDG Ventures India, NEA, Vertex Ventures, and Valiant Capital.
The startup will use ... |
| 08.02.2016 | Daily funding roundup - February 8, 2016 | Hired raised $40M; Xignite received $20.5M; TalentSky announced $10M funding;
Vast, a company wielding big data for the used cars marketplace, raised $14 million in funding from Capital One Growth Ventures. Jaidev Shergill, one of the firm’... |
| - | [Funding alert] Xpressbees turns unicorn with $300M Series F round | Third-party logistics provider Xpressbeeshas raised $300 million in a Series F funding round at a valuation of $1.2 billion. The round was led by private equity funds Blackstone Growth, TPG Growth, and ChrysCapital. Existing investors, In... |
| - | Xpressbees Enters Unicorn Club With $300 Mn Funding From Blackstone, TPG | Logistics startup Xpressbees has become the latest entrant to the unicorn club after raising $300 Mn in its Series F funding round led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital.
The round also saw participation ... |
| - | Xpressbees raises $40M from Khazanah Nasional Berhad | Logistics provider Xpressbees on Friday said that it has raised a $40 million investment from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. This investment will be made through a secondary purchase from an early investo... |
| - | Alibaba To Invest $100 Mn In Logistics Startup XpressBees | Image Credit
After investing in two hottest verticals – payments (Paytm) and grocery (BigBasket), Alibaba is now moving towards the backbone of Indian commerce – the logistics in the year 2018. As per reports, Alibaba is taking final steps ... |
| - | Xpressbees raises $80M from Teachers’ Venture Growth
Recommended Stories For You | Xpressbees, a third-party end-to-end logistics platform, has raised $80 million from Teachers’ Venture Growth (TVG).
TVG, which focuses on late-stage venture and growth equity investments, is part of the Ontario Teachers' Pension Plan Boar... |
| - | Ecommerce Logistics Startup Xpressbees Secures $4.9 Mn From InnoVen Capital | Pune-based ecommerce logistics provider Xpressbees has raised INR 35 Cr ($4.9 Mn) from Mumbai-based venture debt and speciality lending company InnoVen Capital. It is not yet known if other investors participated in the round.
Xpressbees wa... |
| - | Logistics Startup Xpressbees Is Raising $10 Mn From Alibaba | At a time when Alibaba has decided to take it slow for new startup investments in India, the company is still continuing to lend a hand to its existing portfolio companies. The Chinese ecommerce giant is investing $10 Mn in its logistics po... |
| - | Xpressbees | “Xpressbees is India's Fastest Growing B2B, B2C, Cross Border, 3PL Logistic Service Provider. We provide fastest ✓Courier Deliveries ✓Warehousing ✓Fulfillment ✓Tracking Services for e-commerce sellers and enterprises.” |
| - | Logistics Startup Xpressbees Raises $110 Mn, Looks To Expand Delivery Footprint | Pune-headquartered logistics company Xpressbees has raised $110 Mn in a new financing round. The startups Series E financing round was led by private equity firms Investcorp, Norwest Venture Partners and Gaja Capital. The new round valued t... |
