Ontario Teachers' weighing $100-million investment in India's Xpressbees, sources say

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Ontario Teachers’ Pension Plan Board is considering making a $100-million investment in Indian e-commerce startup Xpressbees. Find out more.

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The Canadian pension investor may buy a stake in the firm at about a US$1.4-billion valuation, the people said, asking not to be identified as the information is confidential. The funds would potentially be used for purposes including acquisitions, one of the people said.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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