Xpressbees raises $8 mn from SAIF, Vertex
E-commerce logistics firm Xpressbees today raised about $8 million from SAIF Partners and Vertex Ventures, the venture arm of Singapore government’s investment fund Temasek. Pune-based Xpressbees is also the logistics support provider for online babycare retailer FirstCry. It claims to deliver 60,000 shipments every day and also has other e-commerce players as its partners including Snapdeal.