Hyperlocal logistics startup Shadowfax has raised $100 million in a mix of primary and secondary investments as part of its latest funding round led by growth investor TPG NewQuest, according to ETtech report. Existing investors including Mirae Asset Management, Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital also participated in the fundraise.…
Shadowfax Technologies announced the appointment of Sumit Pilankar, a Bangalore-based seasoned Techie, as Vice President of Engineering and Technology, effective August 03, 2021. Following his stints at Flipkart and HolidayIQ, Sumit’s appointment into the logistics entity was facilitated by Bespoke CTO search firm, Purple Quarter, the release said. As the Vice President of Technology and Engineering…
B2B logistics platform Shadowfax recently announced that it is planning to expand its technology team and will hire about 50 employees over the next two years. The new hirings will be done for technology experts and senior professionals for Bengaluru and Gurugram offices. In an official statement, the company said, “Shadowfax is focused on strengthening…
Chai Point, a Bengaluru-based omni-channel beverage brand that brings a perfectly brewed cup of chai, announced that it has partnered with Dunzo and Shadowfax for last mile delivery, according to an ET report. In India, most food and beverages chains are not allowed to operate in malls, an area where significant number of their outlets…
E-commerce marketplace Flipkart has announced a strategic minority investment in Shadowfax, a full-stack logistics platform founded in 2015. The investment is part of a $ 60 million Series D funding that Shadowfax received from Eight Roads Ventures, NGP Capital, Qualcomm Ventures, Mirae Asset Naver Fund, and World Bank-backed IFC. These funds will enhance the tech…