Indian logistics hottie rockets to $1.5B valuation after steamy cash infusion from Ontario Teachers’ pension fund
Start your engines, logistics lovers – Indian delivery darling Xpressbees just zoomed ahead with a fresh $80 million fuel injection!
This chunky cash infusion comes courtesy of the Ontario Teachers’ Pension Plan, which is popping its India investment cherry on the speedy startup. Saucy!
Xpressbees Rockets to $1.5 Billion Valuation as Canadian Pension Fund’s Venture Arm Devours Equity
The Canadian pension fund’s late-stage venture arm hungrily gulped up equity, rocketing Xpressbees’ value to $1.5 billion. Making moves!
Earlier this year, Xpressbees already scored a hot $40 million from Malaysia’s sovereign wealth stunner Khazanah Nasional.
With Khazanah’s affection and now Ontario’s sudden thirst, Xpressbees is feeling seriously sexy at a $1.2 billion pre-money valuation.
How will this logistics hottie rev up romance with its newest investors? By going full throttle on its “future ambitions,” of course!
Xpressbees unleashes expansion into Pharma and Healthcare, Accelerating Growth Amidst Eager Investors Interest
Born to deliver ecommerce, Xpressbees is now venturing into steamy new sectors like pharma, healthcare and manufacturing. Kinky!
It’s also purring over subsidiary NimbusPost’s aggregation services for SMEs and D2C brands. So many avenues to accelerated growth!
With Alibaba, Tata and others already lining up to take Xpressbees for a spin, this startup has no shortage of eager funders ready to go the distance.
So buckle up for the ride, delivery dolls!
Xpressbees is kicking investment passion into high gear as it races towards its next billion-dollar milestone.
