Xpressbees Turns Unicorn With $300 Mn Funding From Blackstone, TPG
Xpressbees will utilise the fresh investment to evolve into a full-service logistics organisation, product development, and hiring talent.
Source: inc42.com
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Exclusive: Logistics Startup Ecom Express To Raise INR 4,860 Cr Via IPO
The Delhi-based logistics startup will be issuing a fresh issue size worth of INR 2,160 Cr and offer-for-sale worth INR 2,700 Cr by existing shareholders
Source: inc42.com
Tiger Global leads $40m funding in Indian logistics startup Loadshare
The round was joined by new investors Filter Capital and 57 Stars, and return backers CDC Group and Matrix Partners India.
Source: dealstreetasia.com
India has third-highest number of start-ups; Sequoia top investor: Hurun report
As per this list, India has the third-highest number of Gazelles (start-ups that started out in 2014 on average when their founders were 34 years old), as per a report by research platform Hurun.
Source: businesstoday.in
Bizongo Acquihires Edtech Hexa To Further Product Innovation
B2B ecommerce and supply chain enablement startup Bizongo has acquihired a Bengaluru-based cloud platform for college placements.
Source: inc42.com