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Korea Investment Corp. (KIC) opened an office in Mumbai, India, on Tuesday, which is the sovereign wealth funds first office established in an emerging market. It is the KICs fifth overseas office, following ones in New York, London, Singapore and San Francisco.

The company aims to use the funds to expand its international footprint and explore inorganic growth opportunities.

Perfios rockets to unicorn status with a fresh $80 million funding round. Explore Perfios' growth plans, IPO prospects, and more!

Xpressbees: Investment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.

Moreover, the $80 million round will likely be the last one for Xpressbees, which hopes to go public soon, the company said.

Investment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.

B2B logistics service provider Xpressbees has raised $80 million from Teachers' Venture Growth (TVG), the investment arm of Ontario Teachers' Pension Plan.The Canadian pension fund acquired a stake in the Pune-headquartered startup at about ...

XpressBees turned unicorn after a $300 million round in February 2021. The logistics platform provides supply chain solutions including B2B/B2C express delivery service, cross-border logistics, and warehousing services to e-commerce, pharma, heavy industries and banking institutions. 

Teachers’ Venture Growth has pumped $80 million into logistics unicorn Xpressbees, marking its first investment in India.

India Business News: Xpressbees has received an $80m investment from Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teache