Sunday, December 22, 2024
Startups

Ontario Teachers’ fund backs Indian logistics unicorn Xpressbees in $80 million funding

Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, has raised $80 million in a new funding round led by Ontario Teachers’ late-stage venture growth fund amid a surge in the country’s online shopping activity. The Canadian pension fund has acquired a stake in the Pune-headquartered startup at about $1.4 […]

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