Indus helps 2015-founded Xpressbees on $110m investment with NDA, SAM, CAM

Three private equity funds Investcorp, Norwest Venture Partners and Gaja Capital together invested about Rs 800 crore ($110 million) to acquire about 31% stake in Xpressbees, the E-commerce focused end-to-end supply chain solutions provider.

— The Economic Times

IndusLaw advised Busybees Logistics Solutions Private Limited , operating as Xpressbees, led by a team of senior partnerSuneeth Katarki and partnerWinnie Shekhar, with associatesRashi Bharadwaj, Pavani Nath and Mahima Selvakumar.

Nishith Desai Associates represented Special Situation Investment A Pte. Ltd.

Shardul Amarchand Mangaldas & Co represented Norwest Venture Partners X – Mauritius.

Cyril Amarchand Mangaldas represented Gaja Capital Fund II Limited and Gaja Capital India AIF Trust.

2020-11-09

Deal value: $110m

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