Shadowfax is a logistics firm based on cutting-edge software and algorithms to optimize routing, track shipments in real time, and streamline operations. By integrating artificial intelligence and machine learning into its platform, Shadowfax continuously refines its processes, ensuring greater accuracy, efficiency, and cost-effectiveness. By providing access to advanced logistics infrastructure and expertise, Shadowfax empowers businesses to focus on their core competencies while leaving the complexities of logistics in capable hands.
Shadowfax has raised $100 million in a funding round led by US private equity firm TPG to extend last-mile delivery services. Moreover, existing investors, including Walmart-owned e-commerce platform Flipkart, fund house Mirae Asset, and International Finance Corp, also participated in the new funding round. Shadowfax’s valuation is undisclosed. The company was last valued at $632 million, as of April 2022.
Shadowfax, Bangalore, Karnataka, India, was founded in 2015 by Abhishek Bansal and Vaibhav Khandelwal. “The way quick commerce is growing in the country, speed has become paramount for players in the logistics space. We will be building the middle-mile delivery and strengthen our tech offering to ensure we become a full fledged courier in the 3PL space,” Bansal said.
