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XpressBees valuation, funding and investors

xpressbees.com ↗LinkedIn ↗

XpressBees works in logistics solutions development, based in Pune, India. Founded in 2015, it has about 8,330 employees.

Series G
VALUATION · TODAY
$1.94B −19% after Series G
Range $401M – $2.24B · Grade C
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series D $10.0M
Series E $110M
Series F $300M
Growth $40.0M
Series G $80.0M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY8,370 employees
+2%6m growth
+5%1y growth
+21%2y growth
5,000
10k
Data from Jan 2021
TODAY
Predicted in 1 yr $1.57B −19% vs today
Predicted next raise $246M if a round comes
Winding-down probability 0%
Last round
Series G · $80.0M · Nov 2023
Valuation at last round
$1.40B
Headcount
8,370 · flat
Grade
C
Founded
2015
How VCMC values companies →

XpressBees valuation today

VCMC values XpressBees at $1.9B today, with a range of $401M to $2.2B and a grade of C. The valuation starts from its last funding round, a Series G round in Nov 2023.

Valuation by date (148 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

XpressBees: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2015$2.22M$0.81M – $6.09M$2.32M (+5%)before first round–unknownD0%
1 Feb 2015$2.23M$0.81M – $6.11M$2.33M (+5%)before first round–unknownD0%
1 Mar 2015$2.23M$0.81M – $6.14M$2.34M (+5%)before first round–unknownD0%
1 Apr 2015$2.24M$0.82M – $6.16M$2.35M (+5%)before first round–unknownD0%
1 May 2015$2.25M$0.82M – $6.18M$2.36M (+5%)before first round–unknownD0%
1 Jun 2015$2.26M$0.82M – $6.21M$2.37M (+5%)before first round–unknownD0%
1 Jul 2015$2.27M$0.83M – $6.23M$2.38M (+5%)before first round–unknownD0%
1 Aug 2015$2.28M$0.83M – $6.26M$2.44M (+7%)before first round–unknownD0%
1 Sep 2015$2.29M$0.83M – $6.28M$2.51M (+10%)before first round–unknownD0%
1 Oct 2015$2.30M$0.84M – $6.31M$2.57M (+12%)before first round–unknownD0%
1 Nov 2015$2.30M$0.84M – $6.33M$2.64M (+15%)before first round–unknownD0%
1 Dec 2015$2.31M$0.84M – $6.36M$2.71M (+17%)before first round–unknownD0%
1 Jan 2016$2.32M$0.85M – $6.38M$2.78M (+20%)before first round–unknownD0%
1 Feb 2016$2.33M$0.85M – $6.41M$2.86M (+23%)before first round–unknownD0%
1 Mar 2016$2.34M$0.85M – $6.43M$2.93M (+25%)before first round–unknownD0%
1 Apr 2016$2.35M$0.86M – $6.46M$3.01M (+28%)before first round–unknownD0%
1 May 2016$2.36M$0.86M – $6.48M$3.09M (+31%)before first round–unknownD0%
1 Jun 2016$2.37M$0.86M – $6.51M$3.18M (+34%)before first round–unknownD0%
1 Jul 2016$2.38M$0.87M – $6.53M$3.26M (+37%)before first round–unknownD0%
1 Aug 2016$2.44M$0.89M – $6.71M$3.35M (+37%)before first round–unknownD0%
1 Sep 2016$2.51M$0.91M – $6.89M$3.44M (+37%)before first round–unknownD0%
1 Oct 2016$2.57M$0.94M – $7.07M$3.53M (+37%)before first round–unknownD0%
1 Nov 2016$2.64M$0.96M – $7.26M$3.62M (+37%)before first round–unknownD0%
1 Dec 2016$2.71M$0.99M – $7.45M$3.72M (+37%)before first round–unknownD0%
1 Jan 2017$2.78M$1.01M – $7.65M$3.82M (+37%)before first round–unknownD0%
1 Feb 2017$2.86M$1.04M – $7.86M$3.92M (+37%)before first round–unknownD0%
1 Mar 2017$2.93M$1.07M – $8.05M$4.02M (+37%)before first round–unknownD0%
1 Apr 2017$3.01M$1.10M – $8.27M$4.13M (+37%)before first round–unknownD0%
1 May 2017$3.09M$1.12M – $8.48M$4.23M (+37%)before first round–unknownD0%
1 Jun 2017$3.17M$1.15M – $8.71M$4.35M (+37%)before first round–unknownD0%
1 Jul 2017$3.26M$1.19M – $8.94M$4.46M (+37%)before first round–unknownD0%
1 Aug 2017$3.34M$1.22M – $9.19M$4.58M (+37%)before first round–unknownD0%
1 Sep 2017$3.43M$1.25M – $9.44M$4.71M (+37%)before first round–unknownD0%
1 Oct 2017$3.53M$1.28M – $9.68M$4.83M (+37%)before first round–unknownD0%
1 Nov 2017$3.62M$1.32M – $9.95M$4.96M (+37%)before first round–unknownD0%
1 Dec 2017$3.72M$1.35M – $10.2M$5.09M (+37%)before first round–unknownD0%
1 Jan 2018$3.82M$1.39M – $10.5M$5.23M (+37%)before first round–unknownD0%
1 Feb 2018$3.92M$1.43M – $10.8M$5.38M (+37%)before first round–unknownD0%
1 Mar 2018$4.02M$1.46M – $11.0M$5.51M (+37%)before first round–unknownD0%
1 Apr 2018$4.13M$1.50M – $11.3M$5.66M (+37%)before first round–unknownD0%
1 May 2018$4.23M$1.54M – $11.6M$5.81M (+37%)before first round–unknownD0%
1 Jun 2018$4.35M$1.58M – $11.9M$5.96M (+37%)before first round–unknownD0%
1 Jul 2018$4.46M$1.62M – $12.3M$6.12M (+37%)before first round–unknownD0%
1 Aug 2018$4.58M$1.67M – $12.6M$6.18M (+35%)before first round–unknownD0%
1 Sep 2018$4.71M$1.71M – $12.9M$6.24M (+32%)before first round–unknownD0%
1 Oct 2018$4.83M$1.76M – $13.3M$6.29M (+30%)before first round–unknownD0%
1 Nov 2018$4.96M$1.81M – $13.6M$6.35M (+28%)before first round–unknownD0%
1 Dec 2018$5.09M$1.85M – $14.0M$6.41M (+26%)before first round–unknownD0%
1 Jan 2019$5.23M$1.91M – $14.4M$6.47M (+24%)before first round–unknownD0%
1 Feb 2019$5.38M$1.96M – $14.8M$6.53M (+21%)before first round–unknownD0%
1 Mar 2019$5.51M$2.01M – $15.1M$6.58M (+19%)before first round–unknownD0%
1 Apr 2019$5.66M$2.06M – $15.5M$6.64M (+17%)before first round–unknownD0%
1 May 2019$5.81M$2.11M – $15.9M$6.70M (+15%)before first round–unknownD0%
1 Jun 2019$5.96M$2.17M – $16.4M$6.76M (+13%)before first round–unknownD0%
1 Jul 2019$6.12M$2.23M – $16.8M$6.82M (+11%)before first round–unknownD0%
1 Aug 2019$6.18M$2.25M – $17.0M$6.88M (+11%)before first round–unknownD0%
1 Sep 2019$6.24M$2.27M – $17.1M$6.95M (+11%)before first round–unknownD0%
1 Oct 2019$6.29M$2.29M – $17.3M$7.01M (+11%)before first round–unknownD0%
1 Nov 2019$6.35M$2.31M – $17.4M$7.07M (+11%)before first round–unknownD0%
1 Dec 2019$6.41M$2.33M – $17.6M$7.14M (+11%)before first round–unknownD0%
1 Jan 2020$6.47M$2.35M – $17.8M$7.20M (+11%)before first round–unknownD0%
3 Jan 2020$109M$71.4M – $215M$141M (+30%)after a round–unknownB0%
1 Feb 2020$111M$71.4M – $215M$141M (+27%)after a round–unknownB0%
1 Mar 2020$113M$71.4M – $215M$141M (+25%)after a round–unknownB0%
1 Apr 2020$116M$71.4M – $215M$141M (+22%)after a round–unknownB0%
1 May 2020$118M$71.4M – $215M$141M (+19%)after a round–unknownB0%
1 Jun 2020$121M$71.4M – $215M$141M (+17%)after a round–unknownB0%
1 Jul 2020$124M$71.4M – $215M$141M (+14%)after a round–unknownB0%
1 Aug 2020$127M$71.4M – $215M$141M (+12%)after a round–unknownB0%
1 Sep 2020$129M$71.4M – $215M$141M (+9%)after a round–unknownB0%
1 Oct 2020$132M$71.4M – $215M$141M (+7%)after a round–unknownB0%
1 Nov 2020$135M$71.4M – $215M$141M (+4%)after a round–unknownB0%
11 Nov 2020$558M$393M – $1.0B$725M (+30%)after a round–unknownB0%
1 Dec 2020$566M$393M – $1.0B$725M (+28%)after a round–unknownB0%
1 Jan 2021$579M$393M – $1.0B$725M (+25%)after a round1,400unknownB0%
1 Feb 2021$592M$393M – $1.0B$725M (+22%)after a round1,400unknownB0%
1 Mar 2021$604M$393M – $1.0B$725M (+20%)after a round1,400unknownB0%
1 Apr 2021$621M$399M – $1.0B$736M (+18%)after a round1,500flatB0%
1 May 2021$635M$399M – $1.0B$736M (+16%)after a round1,500flatB0%
1 Jun 2021$651M$399M – $1.0B$736M (+13%)after a round1,500flatB0%
1 Jul 2021$666M$399M – $1.0B$736M (+11%)after a round1,500flatB0%
1 Aug 2021$681M$399M – $1.0B$736M (+8%)after a round1,500flatB0%
1 Sep 2021$698M$399M – $1.0B$736M (+5%)after a round1,500flatB0%
1 Oct 2021$714M$399M – $1.0B$736M (+3%)after a round1,500flatB0%
1 Nov 2021$731M$399M – $1.0B$736M (+1%)after a round1,500flatB0%
1 Dec 2021$736M$387M – $1.0B$736M (0%)after a round1,500flatB0%
1 Jan 2022$736M$369M – $1.0B$736M (0%)after a round1,500flatB0%
1 Feb 2022$736M$352M – $1.0B$736M (0%)after a round1,500flatB0%
10 Feb 2022$1.2B$1.0B – $1.8B$1.6B (+30%)after a round1,500flatA0%
1 Mar 2022$1.2B$1.0B – $1.8B$1.6B (+28%)after a round3,200growingA0%
1 Apr 2022$1.2B$1.0B – $1.8B$1.6B (+25%)after a round3,200growingA0%
1 May 2022$1.3B$1.0B – $1.8B$1.6B (+23%)after a round3,200growingA0%
1 Jun 2022$1.3B$1.0B – $1.8B$1.6B (+20%)after a round3,200growingA0%
1 Jul 2022$1.3B$1.0B – $1.8B$1.6B (+17%)after a round3,200growingA0%
1 Aug 2022$1.4B$1.0B – $1.8B$1.6B (+15%)after a round3,200growingA0%
1 Sep 2022$1.4B$1.0B – $1.8B$1.6B (+12%)after a round3,200growingA0%
1 Oct 2022$1.4B$1.0B – $1.8B$1.6B (+10%)after a round3,200growingA0%
1 Nov 2022$1.5B$1.0B – $1.8B$1.6B (+7%)after a round3,200unknownA0%
1 Dec 2022$1.5B$1.0B – $1.8B$1.6B (+5%)after a round3,200unknownA0%
1 Jan 2023$1.5B$1.0B – $1.8B$1.6B (+3%)after a round3,200unknownA0%
1 Feb 2023$1.6B$1.0B – $1.8B$1.6B (+1%)after a round3,200unknownA0%
1 Mar 2023$1.6B$1.0B – $1.8B$1.6B (0%)after a round3,200unknownA0%
1 Apr 2023$1.8B$1.1B – $2.0B$1.8B (0%)after a round5,400growingB0%
28 Apr 2023$1.2B$1.0B – $1.5B$1.3B (+10%)after a round5,400growingA0%
1 May 2023$1.2B$1.0B – $1.5B$1.3B (+10%)after a round5,400growingA0%
1 Jun 2023$1.2B$1.0B – $1.5B$1.3B (+9%)after a round5,400growingA0%
1 Jul 2023$1.2B$1.0B – $1.5B$1.3B (+8%)after a round5,400growingA0%
1 Aug 2023$1.2B$1.0B – $1.5B$1.3B (+7%)after a round5,400growingA0%
1 Sep 2023$1.2B$1.0B – $1.5B$1.3B (+6%)after a round5,400growingA0%
1 Oct 2023$1.3B$1.0B – $1.6B$1.4B (+7%)after a round6,200upA0%
1 Nov 2023$1.3B$1.0B – $1.6B$1.4B (+6%)after a round6,200upA0%
8 Nov 2023$1.4B$1.2B – $2.1B$1.8B (+30%)after a round6,200upA0%
1 Dec 2023$1.4B$1.2B – $2.1B$1.8B (+28%)after a round6,200upA0%
1 Jan 2024$1.5B$1.2B – $2.1B$1.8B (+25%)after a round6,200upA0%
1 Feb 2024$1.5B$1.2B – $2.1B$1.8B (+22%)after a round6,200upA0%
1 Mar 2024$1.5B$1.2B – $2.1B$1.8B (+21%)after a round6,600upA0%
1 Apr 2024$1.6B$1.2B – $2.1B$1.8B (+18%)after a round6,600upA0%
1 May 2024$1.6B$1.2B – $2.1B$1.8B (+15%)after a round6,600upA0%
1 Jun 2024$1.6B$1.2B – $2.1B$1.8B (+13%)after a round6,600upA0%
1 Jul 2024$1.7B$1.2B – $2.1B$1.9B (+11%)after a round6,900upA0%
1 Aug 2024$1.7B$1.2B – $2.1B$1.9B (+8%)after a round6,900upA0%
1 Sep 2024$1.8B$1.2B – $2.1B$1.9B (+5%)after a round6,900upA0%
1 Oct 2024$1.8B$1.2B – $2.1B$1.9B (+3%)after a round6,900upA0%
1 Nov 2024$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upA0%
1 Dec 2024$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upA0%
1 Jan 2025$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upA0%
1 Feb 2025$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upB0%
1 Mar 2025$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upB0%
1 Apr 2025$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upB0%
1 May 2025$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upB0%
1 Jun 2025$1.9B$1.2B – $2.2B$1.9B (0%)after a round7,300upB0%
1 Jul 2025$1.9B$1.1B – $2.2B$1.9B (0%)after a round7,300upB0%
1 Aug 2025$1.9B$1.1B – $2.2B$1.9B (0%)after a round7,946upB0%
1 Sep 2025$1.9B$1.1B – $2.2B$1.9B (0%)after a round7,946upB0%
1 Oct 2025$1.9B$1.1B – $2.2B$1.9B (0%)after a round7,946upB0%
1 Nov 2025$1.9B$1.1B – $2.2B$1.9B (0%)after a round8,029upB0%
1 Dec 2025$1.9B$1.0B – $2.2B$1.9B (0%)after a round8,029upB0%
1 Jan 2026$1.9B$995M – $2.2B$1.9B (-1%)after a round8,029upB0%
1 Feb 2026$1.9B$981M – $2.2B$1.9B (-1%)after a round8,193upB0%
1 Mar 2026$1.9B$964M – $2.2B$1.9B (-2%)after a round8,193upB0%
1 Apr 2026$1.9B$946M – $2.2B$1.9B (-2%)after a round8,193upB0%
1 May 2026$1.9B$933M – $2.2B$1.9B (-3%)after a round8,370upB0%
1 Jun 2026$1.9B$508M – $2.2B$1.9B (-5%)after a round8,370flatC0%
1 Jul 2026$1.9B$484M – $2.2B$1.8B (-5%)after a round8,370flatC0%
1 Aug 2026$1.9B$460M – $2.2B$1.8B (-6%)after a round8,370flatC0%
1 Sep 2026$1.9B$437M – $2.2B$1.8B (-7%)after a round8,370flatC0%
1 Oct 2026$1.9B$416M – $2.2B$1.8B (-7%)after a round8,370flatC0%
24 Oct 2026$1.9B$401M – $2.2B$1.6B (-19%)after a round8,370flatC0%

Key facts about XpressBees

Founded
2015
Headquarters
Pune, India
Employees
about 8,330 +5% in a year
Total raised
$540M
Funding rounds
5
Last round
Series G Nov 2023

XpressBees was founded in 2015 by Amitava Saha and Supam Maheshwari.

XpressBees funding history

XpressBees has 5 funding rounds on record, from Jan 2020 to Nov 2023, $540M in total. The latest disclosed valuation is $1.40B post-money (Series G, Nov 2023).

  1. Series G 7 Nov 2023

    Led by Ontario Teachers’ Pension Plan; with Blackstone, TPG, ChrysCapital, Khazanah Nasional, Alibaba.

    Sources: entrackr.com, startupstorymedia.com, techcrunch.com and 1 more

    $80M

    $1.40B post-money

  2. Growth Equity 27 Apr 2023

    Led by Khazanah Nasional.

    Sources: yourstory.com, businesstoday.in, india.entrepreneur.com

    $40M

    $1.20B post-money

  3. Series F 9 Feb 2022

    Led by Blackstone, TPG, ChrysCapital; with Investcorp, Norwest, Elevation Capital, Alibaba, CDH Investments.

    Sources: techfundingnews.com, tpg.com, vertexventures.sg and 4 more

    $300M

    $1.20B post-money

  4. Series E 10 Nov 2020

    Led by Investcorp, Norwest, Gaja Capital.

    Sources: investcorp.com, entrackr.com, india.entrepreneur.com

    $110M

  5. Series D 2 Jan 2020

    With Alibaba Group.

    Sources: hrnxt.com

    $10M

XpressBees investors

12 investors have backed XpressBees; Blackstone, ChrysCapital and Investcorp and 5 more led at least one round.

What XpressBees does

XpressBees works in shipping couriers, with 13 recorded offerings and customers in e-commerce, FMCG, pharma and fashion.

BusyBees Logistics Solutions Private Limited, known as XpressBees, is an Indian private company engaged in logistics and supply chain services. The company provides express parcel delivery, reverse logistics, warehousing, fulfillment, and cross-border shipping solutions to clients in sectors such as e-commerce, FMCG, pharma, fashion, BFSI, and consumer goods. XpressBees operates a network of fulfillment centers, hubs, and field service representatives, and utilizes technologies such as AI-powered tracking and automated hubs to support its operations.

Description from Veridion's company data.

Products and services

  • Logistics Solutions Development
  • Express Parcel Delivery Services
  • Reverse Logistics Services
  • B2B Logistics Services
  • Warehousing and Fulfillment Services
  • Cross-Border Shipping Services
  • AI-Powered Tracking Solutions
  • Real-Time Shipment Visibility Solutions
  • Automated Hub Technology Implementation
  • Fulfillment Center Management Services
  • Industry-Specific Logistics Solutions
  • Sustainable Logistics Solutions
  • Community Engagement Services

Markets

  • E-commerce
  • FMCG
  • Pharma
  • Fashion
  • BFSI
  • Consumer Goods

Technology

  • AI-Powered Tracking
  • Automated Hubs
  • Real-Time Shipment Visibility

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Service Provider
  • Logistics/Transportation

Industry codes (NAICS)

  • 492110 Couriers and Express Delivery Services 40% match
  • 493110 General Warehousing and Storage 30% match
  • 488510 Freight Transportation Arrangement 30% match

Questions about XpressBees

What is XpressBees worth?

Valuation $1.9B (range $401M to $2.2B), as of 24 Oct 2026. The last disclosed valuation was $1.40B (Series G, Nov 2023).

Has XpressBees raised money?

XpressBees has 5 funding rounds on record, from Jan 2020 to Nov 2023, $540M in total. The latest disclosed valuation is $1.40B post-money (Series G, Nov 2023).

Who has invested in XpressBees?

Blackstone, ChrysCapital, Investcorp, Khazanah Nasional, Norwest and TPG, and 6 more. Lead investors include Blackstone, ChrysCapital, Investcorp and Khazanah Nasional.

How many people work at XpressBees?

About 8,330, up 5% over the last year. Headcount grew from 1,400 in Jan 2021 to 8,370 in May 2026.

What does XpressBees do?

XpressBees works in shipping couriers, with 13 recorded offerings and customers in e-commerce, FMCG, pharma and fashion. Its main offerings are logistics solutions development, express parcel delivery services and reverse logistics services.

When was XpressBees founded, and where is it based?

XpressBees was founded in 2015 and is based in Pune, India. It has about 8,330 employees, up 5% over the last year.

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