Add-on Acquisition • Transportation

XpressBees Acquires Trackon

On August 14, 2023, XpressBees acquired transportation company Trackon

Acquisition Context

This is XpressBees’ 1st transaction in the Transportation sector.
This is XpressBees’ 1st transaction in India.

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M&A Deal Summary
Date	August 14, 2023
Target	Trackon
Sector	Transportation
Buyer(s)	XpressBees
Deal Type	Add-on Acquisition

Target Company

Trackon

New Delhi, India

Trackon is a logistics partner that specialises in offering on-time deliveries using cutting-edge technology. Trackon is based in New Delhi, India.

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Buyer Overview 1

Buyer

XpressBees

Pune, India

Category	Company
Founded	2015
Sector	E-Commerce

DESCRIPTION

Xpressbees is fastest growing express logistics service provider in India catering to end-to-end supply chain solutions. Our logistics solutions across B2B Xpress, B2C Xpress, Cross-border and 3PL(Third Party Logistics) come with an edge of speed, accuracy & scalability. XpressBees was founded in 2015 and is based in Pune, Maharashtra.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Transportation	1 of 1
Type: Add-on Acquisition	1 of 1
Country: India	1 of 1
Year: 2023	1 of 1

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