2019
Delhi (India)
Series C
XP India is a rapidly growing, tech-enabled B2B express logistics provider specializing in full container load (FCL) and less-than-container load (LCL) solutions across India’s vast and complex supply chain landscape. The company was established with the vision of transforming express distribution and transportation through a technology-driven, automated model. XP India’s core industry focus is surface transportation and logistics, serving sectors such as e-commerce, automotive, electronics, pharmaceuticals, healthcare, fashion and organized retail.
Express FCL (Full Container Load): High-speed, pan-India road transport for large shipments, with guaranteed delivery timelines and real-time tracking.
Breakbulk and Aggregation LCL (Less-than-Container Load): Flexible, cost-efficient options for smaller shipments, aggregating loads to optimize costs and delivery times.
Custom-Built Express Distribution: End-to-end, technology-driven distribution services that integrate seamlessly with clients’ supply chains, offering safety, visibility, and transparency.
Technology Platform: Proprietary digital tools for customers, consignors, truckers, and drivers, enabling real-time shipment tracking, automated documentation, and secure data management.
Pan-India Reach: Coverage across every district in India, supporting both urban and rural supply chains for high-value and time-sensitive products.
Freight and Logistics Fees: The primary revenue source comes from freight charges for FCL and LCL shipments, with pricing based on distance, volume, and service level.
Technology and Value-Added Services: Additional revenue is generated through premium technology solutions, such as advanced tracking, analytics, and supply chain integration tools.
Custom Distribution Solutions: XP India offers bespoke logistics services for enterprise clients, including dedicated fleet management and express distribution contracts.
Geographic and Segment Contribution: The majority of revenue is derived from high-growth sectors like e-commerce, automotive, and electronics, with a balanced presence across metro and non-metro regions.
Customer Segmentation: The company exclusively serves B2B clients, ranging from large enterprises to mid-sized businesses, with a focus on high-value, time-sensitive supply chains.
Diverse B2B Client Base: XP India serves over 500 unique customers across sectors such as e-commerce, automotive, electronics, pharmaceuticals, healthcare, fashion and organized retail, making it a preferred logistics partner for many of India’s most prominent brands and high-value product supply chains.
Strategic Investment Partnership: In December 2024, Multiples Alternate Asset Management acquired a significant minority stake in XP India (INSTANT-XP), bringing deep sectoral expertise and a track record of scaling high-growth companies.
Growth Drivers: The company is investing in AI and machine learning to further optimize delivery routes, reduce turnaround times and enhance supply chain visibility. Expansion of the pan-India network and deeper penetration into high-growth verticals are also key priorities.
M&A Pipeline: Following the merger with INSTANT Transport, XP India is open to further strategic acquisitions to broaden its service offerings and geographic footprint.
Risks and Headwinds: The company faces regulatory uncertainties, macroeconomic volatility and intensifying competition from both traditional and tech-driven logistics players. However, its dual expertise in asset-light and heavy operations provides resilience and flexibility.
$35 Million
1
$35 Million, Series C
as of December 19, 2024
-
as of N/A
-
as of N/A
Multiples Alternate Asset Management
146
Zypp Electric
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
December 19, 2024 | Series C | $35 Million | - | - | - | Multiples Alternate Asset Management |