Thursday, February 18, 2016

#Busybees Logistics has raised $12.5 million series A round of funding

Busybees Logistics Solutions Pvt Ltd, which operates under ‘Xpressbees’ brand, was incubated by the founding team of has raised a $12.5 million Series A round led by existing investors.

"The Company is delighted that our existing investors have reposed their confidence in us.  We plan to use the funds to primarily invest in strengthening our technology & processes further raising the bar in service levels” said Amitava Saha, Founder & CEO of Xpressbees. BusyBees Logistics Solution Pvt Ltd owned Xpressbees is an e-commerce logistics specialist company, providing reliable and fast logistics solutions to its customers in more than 200 cities.