The reception and distribution of goods constitute an essential facet within every industry, playing a pivotal role in meeting customer standards. The process involves the collection of resources, meticulous segregation, and the strategic allocation of designated deliverers. Such measures are crucial for sustaining the operational integrity of the e-commerce industry.
At the forefront of India’s logistics landscape stands Xpressbees, a premier logistics service provider boasting an extensive network of supply chain management spanning the entire nation. Established in 2015, Xpressbees has rapidly evolved into a key player in the industry, presently employing a workforce exceeding 30,000 dedicated professionals.
Company highlights:
| Headquarter | Sector | Founders | Founded |
| Pune , Maharashtra ,India | E-Commerce | Amitava Saha And Supam Maheswari | 2015 |
Xpressbees – Company Overview
Established in 2015 by visionary entrepreneurs Amitava Saha and Supam Maheshwari, Xpressbees has emerged as a leading force in the logistics industry. Distinguished by its innovative transportation and delivery framework, the company provides a comprehensive range of logistics services both domestically and internationally.
Our core services encompass E-commerce Logistics, Express Cargo, Cross-border Logistics, and Fulfillment Services, reflecting our commitment to meeting the diverse needs of our clientele with precision and efficiency. At Xpressbees, we pride ourselves on leveraging cutting-edge technology to optimize our operations and deliver unparalleled service.
Our dedication to customer satisfaction is evident through our timely and reliable delivery solutions, facilitated by our advanced logistics infrastructure. The incorporation of Reverse Logistics further enhances our ability to meet and exceed customer expectations.
Xpressbees: Strategic Alliances with Industry Leaders
Xpressbees has cultivated strategic partnerships with renowned brands such as Flipkart, ICICI Bank, TATA Cliq, Schneider Electric, and numerous others. These affiliations underscore our reputation as a trusted logistics partner for businesses across various industries.
As we continue to evolve, Xpressbees remains steadfast in its commitment to setting new benchmarks in the logistics sector. Our unwavering focus on excellence, coupled with strategic collaborations, positions us as a reliable and forward-thinking logistics provider in the ever-changing global marketplace.
Xpressbees : Logistics and Courier Delivery Services in a $8.5 Trillion Industry
The logistics and courier delivery services sector represents a dynamic and continually expanding industry on a global scale. According to Statista, the logistics industry is recognized as a pivotal element of international trade, boasting a significant value exceeding 5.7 trillion euros. The global market size for logistics has surpassed $8.5 trillion, underscoring its substantial impact on the worldwide economy.
In parallel, the Indian logistics market is experiencing noteworthy growth, with a valuation of approximately $250 billion in 2021. Projections indicate a prospective increase to $380 billion by 2025. This positive trajectory is attributed to the rise of innovative courier and delivery companies and startups, leveraging state-of-the-art technology to enhance their operations. As the industry continues to evolve, the infusion of cutting-edge technology becomes a key driver for the anticipated expansion in the courier and logistics sector.
Xpressbees : Founders And Teams
Xpressbees, a distinguished logistics company, was founded by Supam Maheshwari and Amitava Saha. The visionary leadership of these two individuals has been instrumental in shaping the success and growth of the organization.
As founders, Supam Maheshwari and Amitava Saha bring a wealth of expertise and a deep commitment to excellence, driving Xpressbees to achieve new milestones in the dynamic and competitive logistics industry.
Their strategic vision and dedicated leadership have played a pivotal role in positioning Xpressbees as a trusted and reliable logistics partner in the market.
Xpressbees : Growth and Revenue
Xpressbees has achieved remarkable growth and substantial revenue expansion since its inception. Commencing operations with 50,000 shipments per day, the company has exponentially scaled its operations, currently managing over 3 million shipments daily. With a dedicated workforce exceeding 5000 employees, a network comprising 3000+ offices and service centers, and connectivity to 52+ airports, Xpressbees has established a formidable presence across 2500+ network cities.
As of the latest financial data for the fiscal year 2023, Xpressbees reports a commendable operating revenue of Rs 1900 crore. This figure underscores the company’s robust financial performance and its position as a key player in the logistics and delivery industry.
In the financial year 2019, Xpressbees experienced an impressive growth rate of 99.7%, translating to a business operations value of INR 540.95 crore.
Records INR 1004.8 Crore in Revenues, a 32.7% Increase from FY2020
This marked a significant increase from the INR 270.83 crore recorded in the preceding fiscal year of 2018. Continuing its upward trajectory, the company sustained a growth rate of 32.7% in the fiscal year 2021, with revenues from operations reaching INR 1004.8 crore. This notable achievement is in contrast to the INR 757.2 crore recorded in revenue during the fiscal year 2020.
Xpressbees’ consistent and substantial growth underscores its resilience and adaptability in the dynamic logistics sector. The company’s commitment to excellence and operational efficiency is evident in its impressive financial performance and the expansive reach of its services across the nation.
Xpressbees: Strategic Acquisition
Xpressbees proudly announces its recent strategic acquisition of Trackon, a distinguished courier-based enterprise established in January 2002. Trackon, which commenced operations with two sites in Delhi and Mumbai, has since expanded its reach to cover over 5,000 pin codes nationwide. With a robust track record of successfully managing over 200,000 consignments, Trackon has emerged as a prominent player in the logistics industry.
This acquisition reinforces Xpressbees’ commitment to enhancing its capabilities and extending its footprint across the country. The integration of Trackon’s extensive network and expertise aligns seamlessly with Xpressbees’ mission to provide comprehensive and efficient logistics solutions to its clientele.
As a result of this strategic move, Xpressbees now stands as a formidable presence in the courier and logistics sector, poised to deliver unparalleled services to an even broader spectrum of customers. The combined strengths of Xpressbees and Trackon create a synergy that is set to redefine the standards of excellence in the logistics industry.
Xpressbees : Business And Revenue Model
Xpressbees operates within a versatile business framework encompassing B2B, B2C, Cross-Border, and 3PL Logistic Service Provider models, demonstrating a comprehensive approach to logistics solutions. In the B2B sector, Xpressbees extends its services to other enterprises and online marketplaces, fostering collaborative relationships within the business ecosystem. The B2C E-Commerce model entails the direct sale of goods to end customers, underlining a commitment to delivering a seamless and efficient consumer experience.
The cross-border strategy adopted by Xpressbees is designed to provide customers with a hassle-free, door-to-door service, ensuring a smooth transportation process, regardless of the volume of cargo involved. This customer-centric approach reflects the company’s dedication to meeting the evolving needs of its diverse clientele.
Furthermore, Xpressbees engages in the 3PL Logistic business model, exemplifying a strategic outsourcing approach by entrusting distribution services to third-party logistics entities. This strategic partnership allows Xpressbees to focus on its core competencies while leveraging the specialized expertise of logistics service providers.
A pivotal aspect of Xpressbees’ revenue generation is derived from its fulfillment services, which encompass warehousing and transportation. The company’s proficiency in managing these crucial aspects of the supply chain contributes significantly to its overall financial performance. Through a commitment to efficiency, reliability, and customer satisfaction, Xpressbees has established itself as a prominent player in the logistics industry, with a diversified revenue stream grounded in its multifaceted business and revenue models.
Xpressbees : Competitors
Xpressbees faces competition from prominent players in the logistics industry, including:
1. Ecom Express
2. Delhivery
3. DTDC
4. FSC
5. Ekart Logistics
Despite the presence of formidable competitors, Xpressbees maintains its competitive edge through an extensive network and unparalleled logistics services. The company’s commitment to excellence allows it to stand firm in the market, delivering exceptional value to its clients.
Xpressbees : Funding And Investors
Xpressbees has successfully secured a total of $622.4 million in funding through a series of 11 rounds. The latest funding milestone occurred on November 6, 2023, with a substantial investment of $80 million from Teacher’s Venture Growth. This strategic infusion of capital underscores the ongoing confidence and support from our esteemed investors, further fortifying our position in the market and facilitating the expansion of our innovative logistics solutions.
Xpressbees : Future plans
The organization is dedicated to enhancing its collaborative efforts with various industries, strategically amplifying its network through the establishment of additional centers, augmenting shipment volumes, fortifying connections, and bolstering its infrastructure.
Amitava Saha, the founder of Xpreesbees, has recently announced the successful acquisition of Trackon. In his statement, Mr. Saha emphasized the substantial financial standing of Trackon, boasting a revenue of Rs 350 crore. He articulated that the amalgamation of our scale and extensive reach, coupled with the collective strengths of both entities, is poised to yield significant enhancements to the bottom line of our firm.
Looking ahead, Mr. Saha underscored Trackon’s commitment to embracing technological advancements. This strategic focus on innovation is anticipated to play a pivotal role in further elevating the operational efficiency and overall capabilities of Trackon.
The acquisition stands as a testament to Xpreesbees’ commitment to fostering growth, leveraging synergies, and strategically positioning the organization for sustained success in the dynamic business landscape.
Conclusion
Xpressbees has firmly established itself as a prominent entity within India’s logistics sector since its inception in 2015, showcasing robust growth and adaptability in response to the dynamic industry landscape. Headquartered in Pune, Maharashtra, the company has strategically positioned itself as a key logistics service provider across diverse domains such as e-commerce, express cargo, cross-border logistics, and fulfillment services.
The visionary leadership of founders Amitava Saha and Supam Maheshwari has played a pivotal role in shaping the success of Xpressbees. The company’s unwavering commitment to excellence is exemplified by its innovative transportation and delivery framework, leveraging cutting-edge technology to optimize operations and ensure the provision of timely and reliable services.
Xpressbees’ dedication to customer satisfaction is further underscored by its comprehensive logistics infrastructure, which includes a robust reverse logistics system.
Strategic partnerships with industry leaders like Flipkart, ICICI Bank, TATA Cliq, and Schneider Electric attest to Xpressbees’ reputation as a trusted logistics partner.
The company’s commendable financial performance is evident in its operating revenue of Rs 1900 crore as of the latest fiscal year, reflecting a noteworthy 32.7% increase from FY2020.
A significant milestone in Xpressbees’ trajectory is its strategic acquisition of Trackon, a renowned courier-based enterprise. This strategic move has not only enhanced Xpressbees’ capabilities but has also expanded its footprint across the country, solidifying its position as a formidable player in the logistics sector.
