Shadowfax

News and Trends

Shadowfax Receives SEBI Approval for INR 2,500 Cr IPO

The approval follows nearly three months after the company filed its draft red herring prospectus through the confidential route.

Technology

Innovation in Motion

By FY25, Shadowfax is focused on scaling same-day and next-day delivery services under Shadowfax Prime, expanding to major cities, and increasing pincode coverage.

News and Trends

TR Capital Acquires Stakes in MoEngage, Shadowfax, and Whatfix for Over USD 50 Mn

The transaction was completed with global investment firm Eight Roads Ventures, which is backed by Fidelity.

News and Trends

InCred Alternatives Closes Maiden PE Fund at INR 575 Cr, Surpasses Target

IGPF-I focuses on four core themes: consumption, enterprise, technology, and financial services.

News and Trends

Shadowfax Strengthens Board with Strategic Appointments of Three Independent Directors

The company appoints seasoned experts Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari as Independent Directors to strengthen its board.

News and Trends

Shadowfax Acquires CriticaLog to Enhance High-Value Logistics Operations

Shadowfax currently handles over 2 million packages daily. With this acquisition, the company aims to address growing demand for secure and efficient logistics solutions for high-value goods in India

News and Trends

Shadowfax Secures USD 100 Mn in Series E Led by TPG NewQuest

The Bengaluru-based startup aims to utilise the raised funds to reinforce its middle-mile network and extend its last-mile delivery services to cover all 20,000 pin codes across India.