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XpressBees - About the company

XpressBees is a series G company based in Pune (India), founded in 2015 by Supam Maheshwari. It operates as a Provider of end-to-end logistics delivery and courier solutions. XpressBees has raised $356M in funding from investors like Alibaba Group, Elevation Capital and Blackstone, with a current valuation of ₹12,000Cr. The company has 618 active competitors, including 104 funded and 79 that have exited. Its top competitors include companies like Delhivery, Shadowfax and Lalamove.

Sectors and market segments that XpressBees operate in

XpressBees serves in the Transportation and Logistics Tech, Retail market segments.The primary business model of XpressBees are:

Company Details

Provider of end-to-end logistics delivery and courier solutions. It provides end-to-end domestic supply chain solutions and international logistics services to e-commerce businesses, individuals, and other clients. It provides end to end supply chain solutions and international logistics services to e-commerce businesses. The platform offers technology-enabled solutions, enabling real-time tracking and on-time delivery. It provides logistics services to different clients, from small businesses to large enterprises. The company serves e-commerce businesses and provides tracking solutions for shipment management. It also enables shipment tracking, cargo deliveries, cross-border logistics and transactions, imports and exports, warehousing, and more. It provides integration with online marketplaces, management of stock orders, inventories, returns, and fulfillment.
Social
XFacebook
Email ID
*****@xpressbees.com
Phone Number
+91 **********
Registered Address
Unit 1A & 501A, Building B-1, Cerebrum IT Park Kalyani Nagar, Vadgaonsheri, Pune, Pune, Maharashtra, India, 411014
Key Metrics
Founded Year
2015
Location
Pune, India
Stage
Series G
Total Funding
$356M in 9 rounds
Latest Funding Round
Post Money Valuation
₹12,000Cr as on Nov 07, 2023
Ranked
Annual Revenue
₹2,960Cr as on Mar 31, 2025
Employee Count
25 as on Jul 31, 2025
Investment & Acquisitions
Similar Companies
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XpressBees's funding and investors

XpressBees has raised a total funding of $356M over 9 rounds. Its first funding round was on Nov 05, 2015. Its latest funding round was a Series G round on Nov 07, 2023 for $80M. 10 investors participated in its latest round. XpressBees has 27 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of XpressBees:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 07, 2023
$80M
Series G
$1.44B
-
Feb 09, 2022
$100M
Series F
$1.14B
5.6x
Nov 08, 2020
$110M
Series E
$396M
-
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XpressBees' founders and board of directors

Founder? Claim Profile
The founders of XpressBees is Supam Maheshwari. Yogesh Dhavade and Amitava Saha are the CEOs of XpressBees.
Here are the details of XpressBees' key team members:

XpressBees' Board of Directors

XpressBees's board has 11 active members. Amitava Saha, Supam Maheshwari, Jayant Goel and Jayant Kumar Goel are part of team and Gopal Jain, Varun Laul, Simit Batra, Darius Dhunjishaw Vakil, Aravind krishnan Krishnan Sreekumar, Akshay Tanna and Nelson Goh Jun Kwan are independent board members.
Here is the list of XpressBees' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 8m
Team
-
Current
10y 8m
Investor
SAIF Partners
Past
0y 1m
Investor
-
Past
5y 5m
Investor
Alibaba Group
Past
1y 5m
Investor
Alibaba Group
Past
4y 6m
Investor
-
Past
5y 5m
Independent board member
-
Current
5y 5m
Independent board member
-
Current
5y 5m
Independent board member
-
Current
2y 10m
Independent board member
-
Current
2y 5m
Independent board member
-
Current
2y 9m
Independent board member
-
Current
4y 1m
Independent board member
-
Current
2y 9m

XpressBees' employee count trend

XpressBees has 25 employees as of Jul 25. The total employee count is 7.0% lower than what it was in Jul 24. Here is XpressBees's employee count trend over the years:
Employee count trend for XpressBees
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XpressBees's Competitors and alternates

Top competitors of XpressBees include Delhivery, Shadowfax and Lalamove. Here is the list of Top 10 competitors of XpressBees, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Delhivery
Delhivery
2011, Gurugram (India), Public
Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services
$1.25B
87/100
2nd
Logo for Shadowfax
Shadowfax
2015, Bengaluru (India), Public
Logistics solutions for express deliveries
$247M
83/100
3rd
Logo for Lalamove
Lalamove
2013, Kowloon (China), Series F
Tech company providing on demand delivery solutions
$2.28B
77/100
4th
Logo for Cainiao
Cainiao
2013, Hangzhou (China), Acquired
Tech-enabled end-to-end delivery service provider
$290M
76/100
5th
Logo for LetsTransport
LetsTransport
2015, Bengaluru (India), Acquired
Provider of managed logistics services including first-mile, mid-mile, and last-mile delivery
$92.6M
76/100
6th
Logo for LoadShare
LoadShare
2017, Bengaluru (India), Series C
Provider of end-to-end logistics delivery services
$65M
72/100
7th
Logo for Ripplr
Ripplr
2019, Bengaluru (India), Series C
Provider of distribution and logistics services for multiple industry verticals
$123M
72/100
8th
Logo for Stord
Stord
2015, Atlanta (United States), Series E
Provider of cloud-based end-to-end logistics and supply chain management solutions
$527M
70/100
9th
Logo for Veeqo
Veeqo
2012, Swansea (United Kingdom), Acquired
Provider of multichannel ecommerce shipping software with order and inventory management
$11.5M
69/100
10th
Logo for MetaPack
MetaPack
1999, London (United Kingdom), Acquired
Provider of e-commerce shipping software
$58.6M
67/100
13th
Logo for XpressBees
XpressBees
2015, Pune (India), Series G
Provider of end-to-end logistics delivery and courier solutions
$356M
64/100
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XpressBees's Latest cap tables and shareholding

Founders own 5.96%, Funds (largest shareholder) own 63.42%, Enterprises own 21.00% and Other People own 2.11%. The net worth of XpressBees's founders is INR 715Cr as of Nov 07, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
5.96%
715Cr
22105
85239
76620
33545
42
70
63
78
33
60
Fund
63.42%
7,610Cr
8294482
5545479
9729222
2240737
4505
6631
9586
8110
3778
8793
8709359
3093571
6063456
4734466
5587075
3038565
206307
720310
548192
581337
419964
497238
337982
340764
706696
465259
396974
876403
0
0
0
0
0
0
Enterprise
21.00%
2,520Cr
7322862
9453938
3135124
2723036
Other People
2.11%
254Cr
74
24
97
57
ESOP Pool
7.51%
901Cr
6597469
9943707
6029317
8798032
Total
100.00%
12,000Cr
1023309
2983792
5676987
1473922
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of XpressBees's Shareholding

XpressBees's Investments and acquisitions

XpressBees has made 1 investment in NimbusPost and acquired TrackOn.

Reports related to XpressBees

Here is the latest report on XpressBees's sector:

News related to XpressBees

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Media has covered XpressBees for a total of 4 events in the last 1 year, 3 of them have been about people movement.
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