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The funding round values XPANCEO at $1.35b.
India
GIC had also led CRED’s funding round in 2022.
Rapido, in which Swiggy is an investor, was valued at $1.1b in its 2024 round.
Groww is reportedly looking to raise between $700 million and $1 billion via the IPO.
Groww plans to raise about $200m in a pre-IPO round.
The new valuation marks a threefold increase from its previous valuation in April 2023.
DealStreetAsia reported in March that the Indian logistics firm was in talks to raise funds.
Vietnam
The company now positions itself as an “AI assistant”.
Funds will be used to scale its presence in international markets.
