Skip to main content
news

IndusLaw has advised Indian end-to-end logistics services provider Xpressbees on a $300 million fundraising round, with Cyril Amarchand Mangaldas, Shardul Amarchand Mangaldas & Co, Anagram Partners, AZB & Partners and Trilegal advising various investors.

Set up in 2015, Xpressbees has been rapidly growing as demand for goods delivery has risen amid the COVID-19 pandemic. It now has a network of more than 2,700 service centers and 450 e-commerce customers.

The IndusLaw team was led by partner Winnie Shekhar. Other partners involved in the transaction included:

Cyril Amarchand Mangaldas (representing Blackstone) - S Harish

Shardul Amarchand Mangaldas & Co (representing ChrysCapital and NVP) - Karun Prakash and Manita Doshi

Anagram Partners (representing Investcorp) - Simone Reis

AZB & Partners (representing TPG) - Roxanne Anderson

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.