Founded in 2015, Xpressbees has its presence across 3,000 cities, serving over 20,000 pin codes, and delivers over 1.5 million packages per day. Besides, it has over 100 hubs pan-India with over a million sq ft of warehousing capacity and operates across 52 airports in the country. “Xpressbees is playing an important role in India's booming e-commerce sector, which is still at an early stage and has a long runway of development. We look forward to leveraging Blackstone's deep expertise and global network in logistics and e-commerce to accelerate its growth,” said Mukesh Mehta, Senior Managing Director at Blackstone Private Equity.