Xpressbees headed to unicorn club, in talks for $300 million

Mumbai: Xpressbees, the new-age logistics services provider from the Firstcry stable, is in advanced talks with private equity funds led by Blackstone to raise $300 million (Rs 2,232 crore). Other PE funds likely participating in the new funding round include ChrysCapital and TPG Capital, four people with direct knowledge of the matter said. "Blackstone alone will be bringing in $180 million. The deal will be signed next week," said one of the