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xpressbees: Ontario Teachers venture arm invests $80 million in Xpressbees

Investment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.

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Teachers Venture Growth invests $80m in Indian logistics unicorn Xpressbees

Teachers’ Venture Growth has pumped $80 million into logistics unicorn Xpressbees, marking its first investment in India.

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Xpressbees raises $80 million from Ontario Teachers pension plan at $1 4 billion valuation

Xpressbees raises $80 million from Ontario Teachers pension plan at $1 4 billion valuation
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Xpressbees gets USD 80 million investment from Teachers Venture Growth

India Business News: Xpressbees has received an $80m investment from Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teache

West bengalDeepak daraAmitava sahaKelvin yuKhazanah nasional berhadAlibaba groupTeacher venture growthOntario teacher pensionOntario teacherBlackstone growthElevation capitalNorwest venture partnersGaja capitalSenior managing directorTeacher ventureOntario teachers

Xpressbees raises $80 mn from Ontario Teachers Pension Plan at $1 4 bn valuation

While Xpresbees did not shed light on the valuation, sources told Moneycontrol that the company was last valued at $1.4 billion, unchanged from its previous round in April.

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