Flipkart-Backed Shadowfax Nears $60 Million Funding Led By Tpg Newquest

Aug 02, 2023•over 2 years ago

Amount Raised

$60 Million

BengaluruSupply Chain ManagementLogisticsTransportation

Description

Indian logistics startup Shadowfax is finalizing a funding round of about $60 million, more than a year after it began the funding deliberations, two sources familiar with the matter said.

Company Information

Company

Shadowfax

Location

Bengaluru, Karnataka, India

About

Shadowfax is India's Fastest Growing End-to-End fully integrated Logistics Provider. The only platform with capabilities to serve multiple categories- E-commerce & D2C, Hyperlocal & Quick commerce & Personal Courier. Building a better customer experience with a network of 2500+ cities & 15000 + pin codes, Shadowfax is a one-stop solution for merchants to deliver to customers. As India's largest crowdsourced last-mile delivery platform, we've successfully shipped over 1 billion+ orders. Now experience Express Delivery from 1 hour to same-day and next-day services with the benefits of doorstep quality checks, instant refunds, and hassle-free returns at your fingertips with our optimized solutions.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Flipkart-Backed Shadowfax Nears $60 Million Funding Led By Tpg Newquest

Description

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