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Shadowfax Technologies raises Rs 850 crore ($95 million) from anchor investors, leading into its IPO. The funding will support their logistics and last-mile delivery services.

PRIVATEJan 19, 2026

Amount Raised

₹8.5 Billion

Round Type

IPO

BengaluruTransportationE CommerceSupply Chain ManagementLogistics

Investors

Eastspring InvestmentsSociete GeneraleHSBC Global Investment FundsGovernment Pension Fund GlobalMotilal Oswal Mutual FundNippon India Mutual FundIcici Prudential Mutual Fund

Description

Shadowfax Technologies has raised around Rs 850 crore ($95 million) from anchor investors ahead of its IPO. The Bengaluru-based firm allotted approximately 6.9 crore equity shares at Rs 124 per share. The investment included participation from leading domestic mutual funds and global institutional investors. Shadowfax is targeting a post-money valuation of approximately Rs 7,400 crore.

Quick answer

Shadowfax raised ₹8.5 Billion in a IPO round, dated January 19, 2026. Investors: Eastspring Investments, Societe Generale, HSBC Global Investment Funds, Government Pension Fund Global, Motilal Oswal Mutual Fund, Nippon India Mutual Fund and Icici Prudential Mutual Fund. Shadowfax is based in Bengaluru, Karnataka, India.

How much did Shadowfax raise?
Shadowfax raised ₹8.5 Billion in a IPO round on January 19, 2026.
Who invested in Shadowfax?
Eastspring Investments, Societe Generale, HSBC Global Investment Funds, Government Pension Fund Global, Motilal Oswal Mutual Fund, Nippon India Mutual Fund and Icici Prudential Mutual Fund are named as investors in this round.
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.

  • Karl Power raised $100M (Series B) on March 3, 2026.
  • Jampack AI raised $3.2M (Seed) on February 24, 2026.
  • Aforro raised an undisclosed amount (Angel) on February 16, 2026.
  • G2 Reverse Logistics raised $1.5M (Seed) on January 12, 2026.
  • Paquik raised $85K (Pre-Seed) on March 2, 2026.
  • SHAED raised $4.7M (Seed) on February 26, 2026.

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.

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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.