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17 January 2022, Mumbai:
Xpressbees, the new-age logistics services provider from Firstcry stable in advanced talks for raising $300 million.
KEY HIGHLIGHTS:
- Xpressbees in advanced talks for raising $300 mn
- Funding tap is open for a host of ventures
- Blackstone alone will be bringing in $180mn
- The deal is likely to be signed next week
In advanced talks with private equity funds led by Blackstone to raise $300 million (2,232 crores). Other PE funds likely participating in the new funding round include lude ChrysCapital and TPG Capital, four people with direct knowledge of the matter said.
SOURCE: ET dt 17-01-2022
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