Shadowfax funding, investors and company details

Shadowfax is an emerging Logistics startup from Bengaluru, working in the space of A tech-enabled logistics platform. Founded by Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra, Gaurav Jaithliya.

Company: Shadowfax Technologies Limited
Sector: Logistics
Location: Bengaluru
Founders: Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra, Gaurav Jaithliya
Total funding raised: ₹1,658 Cr

Company overview

Shadowfax Technologies runs a tech-enabled logistics platform focused on last-mile delivery operations for e-commerce, D2C brands, quick commerce, and hyperlocal services across 2,500+ Indian cities. Its asset-light model deploys a gig workforce of over 2 million delivery partners through a proprietary app, providing express delivery (primary service), hyperlocal logistics, and premium options like same-day Flash delivery. Operations emphasize real-time tracking, route optimization, and franchise partnerships for scalability in tier-2/3 markets.

Funding rounds

Latest round (Series E): $ 100.00 Mn (₹829.00 Cr.), 2024-02-27. Investors: TPG NewQuest, Trifecta Capital, Nokia Growth Partners, International Finance Corporation (IFC), Flipkart Marketplace Private Limited, Qualcomm Ventures, Mirae Asset
Past round (Series E): $ 100.00 Mn (₹829.00 Cr.), 2024-02-27. Investors: Trifecta Capital, Nokia Growth Partners, International Finance Corporation (IFC), Flipkart Marketplace Private Limited, Qualcomm Ventures, Mirae Asset