Xpressbees acquires logistics co Trackon to serve small firms
Mint Mumbai|August 15, 2023
BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday it has acquired logistics company Trackon Couriers Pvt Ltd. Financial details of the deal weren't disclosed.
K.Amoghavarsha
Xpressbees acquires logistics co Trackon to serve small firms

Through the acquisition, the Pune-based startup plans to use Trackon's franchisee network to diversify into the small and medium enterprises sector.

"Our partnership with Xpressbees enables us to scale up our business and reach. We will be able to expand our service lines to our existing clients," said P. K. Anand, chairman and managing director, Trackon.

Founded in 2002, Trackon provides express delivery services in India and overseas. It claims to handle 200,000 consignments currently while serving over 5000 pin codes.

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