# Xpressbees funding: rounds and investors

> Xpressbees has raised $185M across 3 rounds since 2017. Investors include New Enterprise Associates, Norwest Venture Partners and Vertex Ventures.

Source: https://millionrounds.com/company/xpressbees (Millionrounds; every figure on the page links to its filing or article)

India · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Xpressbees*

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Delivery

Valuation: $1.4B, Mar 2026

Funding summary Updated 26 Oct 2026

**$185M** raised across 3 rounds since 2017, from 3 sources

**$100M** Round **$4.9M** Round **$80M** Growth

- **Latest round:** Growth, $80M Nov 2023
- **Biggest round:** $100M Round · Jan 2017
- **Step-up i:** 16.3×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018 2019 2020 2021 2022 2023

**$100M** Round

**$4.9M** Round

**$80M** Growth

- **First round:** Round, $100M
- **Biggest round:** $100M
- **Usual gap between rounds:** 4.7 years

## The rounds

- **Nov 2023** Growth **$80M** *4 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) Source recorded
- **Feb 2019** Round **$4.9M** *1 new* [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Reported by DealStreetAsia
- **Jan 2017** Round **$100M** *1 new* [Alibaba](https://millionrounds.com/fund/alibaba) Reported by China Money Network

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2017 **Round** 2019 **Growth** 2023 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) [Alibaba](https://millionrounds.com/fund/alibaba) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india)

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **1** round

[Vertex Ventures](https://millionrounds.com/fund/vertex-ventures) VC firm **1** round

[Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) VC firm **1** round

[Alibaba](https://millionrounds.com/fund/alibaba) Growth equity **1** round

[InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Venture debt **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xpressbees).

## Quick answers about Xpressbees

### Who invested in Xpressbees?

Xpressbees's investors include New Enterprise Associates, Norwest Venture Partners, Vertex Ventures, Elevation Capital and Alibaba, and 1 more on record.

### How much has Xpressbees raised?

Xpressbees has raised $185M across 3 rounds since 2017.

### When did Xpressbees last raise?

Xpressbees's most recent round was a Growth of $80M in Nov 2023.

### What was Xpressbees's biggest round?

Xpressbees's largest round on record is $100M (Undisclosed round), in Jan 2017.

### Who backed Xpressbees first?

Xpressbees's first round on record, in Jan 2017, was backed by Alibaba.

### What stage is Xpressbees at?

Xpressbees's latest named round is a Growth, in Nov 2023.

### Where is Xpressbees based?

Xpressbees is based in India.

## Companies like Xpressbees

In the same sector, and raised in the last eighteen months.

[**Airbound** $46M · Aug 2026](https://millionrounds.com/company/airbound)[**Yulu** $104M · Aug 2026](https://millionrounds.com/company/yulu)[**Zepto** $673M · Jul 2026](https://millionrounds.com/company/zepto)[**FirstClub** $78M · Jun 2026](https://millionrounds.com/company/firstclub)[**Citymall** $47M · Sept 2025](https://millionrounds.com/company/citymall)[**Rx Bandz** Oct 2026](https://millionrounds.com/company/rx-bandz)

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