Logistics company XpressBees has raised Rs.35 crore in venture debt financing from InnoVen Capital, the Temasek-backed specialty lending firm. The seven-year-old venture provides end-to-end ecommerce-focused logistics services, including, first and last mile delivery and reverse logistics, offering clients services such as real-time tracking, multiple payment collection and processing options. Till date, XpressBees has raised an estimated $56 million in equity financing from the likes of SAIF Partners, Chiratae Ventures and Valiant Capital.

(ET Tech)