Xpressbees, a leading Indian logistics service provider, has acquired Trackon, an India-based transportation and delivery company. The acquisition will enable Xpressbees to tap into the small and medium enterprise sector through leveraging Trackon’s franchisee network.
Amitava Saha, Founder and CEO, Xpressbees, said, “I am very excited about the collaboration between two leading industry names. I firmly believe it will empower our respective businesses, enhance consumer experience, and build significant synergies across the two firms.”
P K Anand, Chairman and Managing Director, Trackon, said, “Our partnership with Xpressbees will enable us to scale up our business and reach significantly. By combining our experience with the capabilities of Xpressbees, we will be able to expand our service lines to our existing clients, while continuing to offer best-in-class services.”
Xpressbees is one of the fastest growing logistics service providers that provides end-to-end supply chain solutions. Xpressbees currently runs its delivery operations across over 21,000 pin codes in nearly 3,000 cities and towns in India.