Logistics unicorn Xpressbees raised INR 195 crore as a secondary investment from Avendus’ fund called Avendus Future Leaders Fund II.
Xpressbees is a subsidiary of the children’s ecommerce marketplace FirstCry. The logistics startup claims to be present in 3000 Indian cities and to deliver over 1.5 million packages per day. Xpressbees also claims to manage 100 hubs across the country, with a total warehouse capacity of more than 10 lakh square feet. According to Statista, India’s logistics market, which was valued at $250 billion in fiscal year 2021, is expected to grow to $380 billion by 2025, with a CAGR of 10-12%.
Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to the needs and answer the common questions of entrepreneurs. “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link
B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link
Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link
