The Malaysian company Khazanah invests $40 million in Xpressbees

The Malaysian company Khazanah invests $40 million in Xpressbees.

According to these persons, Elevation Capital, formerly Saif Partners, has sold a portion of its shares to Khazanah.

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The investment firm invested an additional $4 million in the logistics business.

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The business that competes with publicly traded Delhivery has been aggressively growing.

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