MANAMA: Investcorp has partnered a private equity consortium to invest a total of $110 million in Xpressbees, an end-to-end e-commerce logistics platform in India.
While the Bahrain-based alternative investment manager did not disclose the amount invested by it, Indian media has reported Xpressbees’ ‘Series-E’ financing round of $110m was led by Investcorp, Norwest Venture Partners and Gaja Capital .