ARTICLE
15 November 2023

IndusLaw Deal Report | Xpressbees

I
CMS INDUSLAW

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.
Our firm advised Xpressbees in relation to Series G investment from Teachers' Venture Growth, ...
India Corporate/Commercial Law

Our firm advised Xpressbees in relation to Series G investment from Teachers' Venture Growth, the venture arm of Canada's Ontario Teachers' Pension Plan1 including a secondary component where we also represented certain selling shareholders apart from the Company. This deal marks Ontario Teachers' first investment in India from the TVG platform.

Deal amount: USD 80 million

INDUSLAW Team: Winnie Shekhar (Partner), Shantanu Singh (Principal Associate), Rashi Bharadwaj (Principal Associate), Anu Bhaskaran (Associate), Anukriti Bhattad (Associate) and Shubham Tiwary (Associate).

Footnote

1 https://techcrunch.com/2023/11/06/indian-logistics-unicorn-xpressbees-in-80-million-funding/https://entrackr.com/2023/11/xpressbees-bags-80-mn-from-teachers-venture-growth/

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