Venture Capital
The round was led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital. : Logistics services provider Xpressbees has bagged a Series F round of $300 million at a valuation over $1 billion, which takes the Pune-based start-up to the coveted unicorn club. The round was led by private equity funds Blackstone Growth, TPG Growth and ChrysCapital. Existing investors, Investcorp and Norwest Venture Partners, also participated in the round. Xpressbees has more than doubled its valuation since its last round in November 2020 when it raised $110 million at close to $400 million valuation.

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