Xpressbees’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Busybees Logistics Solutions Private Limited | CIN: L72200KA2012PLC065294
XpressBees, co-founded by Amitava Saha and Supam Maheshwari, is one of India’s leading logistics and supply chain solutions providers. Originally spun out of FirstCry in 2015, XpressBees offers comprehensive express delivery services including B2C, B2B, cross-border, and reverse logistics. Headquartered in Pune, the company has rapidly scaled with a strong technology focus and an extensive delivery network across India, enabling fast and reliable last-mile solutions for e-commerce and retail clients.
| Founding year | 2015 |
|---|---|
| Headquarters | Pune, India |
| Valuation | ~$1.4B (2023) |
| Total Funding | $500M |
| Annual Revenue | ₹4,200 Cr (FY24) |
| Annual Net Loss | ₹120 Cr (FY24) |
| EBITDA Margin | -6% |
| Employees | ~4,500 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series A | 2015 | $12M | IDG Ventures |
| Series B | 2018 | $35M | Alibaba Group |
| Series C | 2020 | $110M | Investcorp, Norwest, Gaja Capital |
| Series D | 2022 | $300M | Blackstone, TPG, ChrysCapital |
| Series E | 2023 | $43M | Khazanah Nasional, existing investors |
- Strengthening express logistics infrastructure and warehouse capacity.
- Expanding into cross-border e-commerce delivery solutions.
- Enhancing technology for real-time tracking and route optimization.
- Scaling B2B and reverse logistics capabilities.
- Considering IPO plans post FY25 to accelerate market expansion and infrastructure investments.
XpressBees recently announced new warehouse openings and strategic partnerships with major e-commerce players to strengthen its supply chain. The company is focused on improving operational efficiency and reducing delivery times to capture larger market share across India and beyond.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ Revenue up to ₹4,200 Cr in FY24 |
| Profitability | ▼ Net loss of ₹120 Cr |
| Funding | ▲ $500M raised across 5 rounds |
| Efficiency | ▲ EBITDA margin improved to -6% |
| Valuation | ▲ $1.4B as of 2023 |
XpressBees has rapidly grown into one of India’s top logistics providers, driven by strong technological infrastructure and a wide-reaching delivery network. Its consistent revenue growth, improving margins, and strategic expansions position it for future profitability and potential public market listing.
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- Company filings
- Economic Times, Inc42, YourStory
- Affluense.ai internal analytics
This report is generated for informational purposes only and does not constitute investment advice.