XpressBees received $10 million from Alibaba
Image Credit: shortpedia
XpressBees, e-commerce focused end-to-end supply chain solutions provider has recently raised $10 million from Alibaba in its Series D round. Previously Alibaba invested Rs 224 crore in XpressBees. E-commerce giant Alibaba has paused fresh investments in India after investing in Paytm in November and BigBasket. XpressBees’ revenue has spiked by 99.7% in FY19, according to its annual statement.