Shadowfax Traders

Delhi, India Founded: 2014 • Age: 12 yrs
High frequency trading services provider
Annual revenue $65.6M Latest available
Total funding $32.6M 4 rounds
Employees 3055 Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Shadowfax Traders

Shadowfax Traders is a company based in Delhi (India) founded in 2014 by Akshay Jain. Shadowfax Traders has raised $32.56 million across 4 funding rounds from investors including International Finance Corporation, Mirae Asset and Qualcomm Ventures. The company has 3,055 employees as of December 19, 2024. Shadowfax Traders operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.

  • Headquarter Delhi, India
  • Employees 3055 as on 19 Dec, 2024
  • Founders Akshay Jain
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Shadowfax Technologies Private Limited
  • Date of Incorporation 21 Apr, 2015
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $65.57 M (USD)
    193.13
    as on Mar 31, 2021
  • Net Profit
    -$17.87 M (USD)
    -236.2
    as on Mar 31, 2021
  • EBITDA
    -$19.65 M (USD)
    -260.86
    as on Mar 31, 2021
  • Total Equity Funding
    $32.56 M (USD)

    in 4 rounds

  • Latest Funding Round
    $19.92 M (USD), Series B

    Aug 07, 2018

  • Investors
  • Employee Count
    3055

    as on Dec 19, 2024

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Funding Insights of Shadowfax Traders

Shadowfax Traders has successfully raised a total of $32.56M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $19.92 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Shadowfax Traders

Shadowfax Traders has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include International Finance Corporation, Mirae Asset and Qualcomm Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on B2B companies
Locked Locked Locked
Venture capital investing in technology sectors such as AI and automotive.
Locked Locked Locked
Mirae Asset is engaged in mutual fund and asset management services.
Locked Locked Locked
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Investor details for Shadowfax Traders

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Investments & Acquisitions by Shadowfax Traders

Investments
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Investment portfolio details for Shadowfax Traders

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Financial Statements - Shadowfax Traders

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Detailed financials for Shadowfax Traders

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Shadowfax Traders Comparisons

Shadowfax Traders Primary company
Description
High frequency trading services provider
Location
Delhi, India
Founded Year
2014
Annual Revenue
$65.57 M (USD)
Net Profit
-$17.87 M (USD)
EBITDA
-$19.65 M (USD)
Employees
3,055
As of 2024
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Peer comparison for Shadowfax Traders

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Competitors of Shadowfax Traders

Shadowfax Traders operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Integrated digital marketing campaigns are developed and executed across channels.
Locked Locked Locked
Software development services are provided by Unicorn in Prague.
Locked Locked Locked
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
Locked Locked Locked
IT services suite solutions are provided globally by AlmavivA.
Locked Locked Locked
Mobile application development and UX design services are provided.
Locked Locked Locked
Platform offering digital textbooks for students
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Detailed competitors of Shadowfax Traders

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Latest news on Shadowfax Traders

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Frequently Asked Questions about Shadowfax Traders

Shadowfax Traders was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Shadowfax Traders is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Shadowfax Traders is a funded company, having raised a total of $32.56M across 4 funding rounds to date.

As of Dec 19, 2024, the latest employee count at Shadowfax Traders is 3,055.

Annual revenue of Shadowfax Traders is $65.57M as on Mar 31, 2021.

Shadowfax Traders was founded in 2014 in Delhi, India, as a provider of low-latency, ultra-high-frequency automated trading services. Operations focus on equity derivatives and currency derivatives markets. Algorithm-based trading solutions are also offered to support automated strategies. The company serves clients in the financial trading sector through its domain, shadowfaxtraders.com.

Shadowfax Traders's top competitors include RedShelf, Unicorn and Hedgehog lab.

Shadowfax Traders has 12 investors. Key investors include International Finance Corporation, Mirae Asset, Qualcomm Ventures, Eight Roads Ventures, and NGP Capital.

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