Founded Year

2015

Stage

Series G | Alive

Total Raised

$552.94M

Valuation

$0000 

Last Raised

$80M | 2 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About Xpressbees

Xpressbees specializes in express delivery services. The company offers a range of services, including e-commerce delivery, reverse logistics, cross-border shipments, fulfillment and warehousing solutions, as well as business-to-business (B2B) and business-to-consumer (B2C) logistics. Xpressbees serves a variety of clients, from e-commerce companies to small businesses, while utilizing technology for operational improvements. It was founded in 2015 and is based in Pune, India.

Headquarters Location

Kalyani Nagar B1 Cerebrum It Park, Marigold Complex

Pune, 411014,

India

+91 (020) 4911 6100

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Expert Collections containing Xpressbees

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Xpressbees is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,664 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,309 items

Latest Xpressbees News

XpressBees' losses soar 85% to Rs 370 Cr in FY25 amid flat revenue

Nov 7, 2025

XpressBees’ revenue from operations grew marginally to Rs 2,874 crore in FY25 from Rs 2,831 crore in FY24, according to its consolidated financial statements. Income from the courier services accounted for 96% of the operating income, which stood at Rs 2,772 crore in FY25. The other operating income includes Warehousing Fulfilment Service, the sale of scrap, and other support services. It also added Rs 87 crore, mainly from interest on bank deposits, which took the overall income to Rs 2,961 crore in FY25, compared to Rs 2,940 crore in FY24. For the logistics firm, freight and handling remained the largest cost center, forming 73% of the overall which recorded at Rs 2,462 crore in FY25. Its Employee benefits, transportation, and technology costs remained the other contributors, taking the overall cost to Rs 3,334 crore in FY25, compared to Rs 3,143 crore in FY24. At the end, XpressBees’ net loss widened 85% to Rs 370 crore in FY25 against Rs 200 crore in the previous fiscal, while EBITDA losses jumped to Rs 228 crore compared with Rs 102 crore a year earlier. Its EBITDA margin deteriorated to -7.9%, nearly double the previous year’s deficit of -3.6%. On the balance sheet front, total assets contracted 18% to Rs 2,133 crore as the company pared down its cash holdings and investments. Cash and cash equivalents also plunged 87% to Rs 172 crore from Rs 1,331 crore in FY24, reflecting reduced liquidity and possible repayment of liabilities. Current assets also slipped 23% year-on-year to Rs 1,438 crore. The firm’s return on capital employed (ROCE) worsened to -29.3% from -14.1% in FY24, while the company spent Rs 1.16 to earn a rupee in FY25. XpressBees has been expanding its warehousing and B2B logistics verticals while facing pricing pressure in its core e-commerce parcel business, where large clients have renegotiated rates. Despite scaling its network and automation footprint, the Pune-based company’s cost base grew faster than revenue in FY25.

Xpressbees Frequently Asked Questions (FAQ)

  • When was Xpressbees founded?

    Xpressbees was founded in 2015.

  • Where is Xpressbees's headquarters?

    Xpressbees's headquarters is located at Kalyani Nagar, Pune.

  • What is Xpressbees's latest funding round?

    Xpressbees's latest funding round is Series G.

  • How much did Xpressbees raise?

    Xpressbees raised a total of $552.94M.

  • Who are the investors of Xpressbees?

    Investors of Xpressbees include Ontario Teachers' Pension Plan, Khazanah Nasional, Avendus Capital, Norwest Venture Partners, Investcorp and 16 more.

  • Who are Xpressbees's competitors?

    Competitors of Xpressbees include Locus, Ecom Express, Delhivery, ElasticRun, GoBOLT and 7 more.

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