Norwest Venture Partners and Gaja Capital’s $110 Million Investment in Xpressbees


IndusLaw advised Busybees Logistics Solutions Private Limited , operating as Xpressbees.

Norwest Venture Partners and Gaja Capital together invested approx. Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the E-commerce focused end-to-end supply chain solutions provider.

Busybees Logistics Solutions Private Limited, doing business as Xpressbees, operates as an e-commerce logistics company. The Company offers cash on delivery, vendor pick up, try and buy, and reverse logistics services.

The IndusLaw team consisted of senior partner Suneeth Katarki (Picture) and partner Winnie Shekhar, with associates Rashi Bharadwaj, Pavani Nath and Mahima Selvakumar.

Involved fees earner: Rashi Bharadwaj – IndusLaw; Suneeth Katarki – IndusLaw; Pavani Nath – IndusLaw; Mahima Selvakumar – IndusLaw; Winnie Shekhar – IndusLaw;

Law Firms: IndusLaw;

Clients: Busybees Logistics Solutions Private Limited;

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Author: Michael Patrini