Xpressbees: 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' TVG fund amid a surge in the country's online shopping activity. The Canadian pension fund has acquired stake in the Pune-headquartered startup at about $1.4 billion valuation, same [...] © 2023 TechCrunch. All rights reserved. For personal use only.