Blackstone, TPG, ChrysCapital co-lead $300m investment in India's Xpressbees

Blackstone, TPG, ChrysCapital co-lead $300m investment in India's Xpressbees

A man offering his services as a road guide stands outside of a logistics park in Chengdu, China, on Tuesday, April 11, 2017. Photographer: Qilai Shen/Bloomberg

Pune-based logistics startup Xpressbees Wednesday announced that it has entered the unicorn club after raising $300 million in a fresh funding round at a valuation of $1.2 billion.