Fundz

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

PRIVATEAug 02, 2023

Amount Raised

$60 Million

Round Type

Funding Round

BengaluruTransportationE CommerceSupply Chain ManagementLogistics

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.

Quick answer

Shadowfax raised $60 Million in a Funding Round round, dated August 2, 2023. Shadowfax is based in Bengaluru, Karnataka, India.

How much did Shadowfax raise?
Shadowfax raised $60 Million in a Funding Round round on August 2, 2023.
What does Shadowfax do?
Shadowfax is India's Fastest Growing End-to-End fully integrated Logistics Provider.
Where is Shadowfax based and how big is it?
Shadowfax is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Shadowfax?
Fundz holds 1 contact at Shadowfax. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and E Commerce around the same time

Companies in the same sectors as Shadowfax that raised within 45 days of this round, from Fundz verified event records.

  • India Index raised $500K (Pre-Seed) on September 15, 2023.
  • ShipCalm raised $2M (Seed) on August 16, 2023.
  • Mottu raised $50M (Series C) on September 15, 2023.
  • Optilogic raised an undisclosed amount on September 13, 2023.
  • Kale Logistics Solutions raised $30M (Funding Round) on September 11, 2023.
  • Brimich Logistics raised an undisclosed amount on September 6, 2023.

Who to call at Shadowfax, and when

A new round usually means Shadowfax is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Shadowfax raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Shadowfax, from your own LinkedIn network

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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.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Shadowfax raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Shadowfax raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.