About Shadowfax
Shadowfax is a company based in Bengaluru (India) founded in 2015 by Praharsh Chandra, Gaurav Jaithliya, Abhishek Bansal, and Vaibhav Khandelwal.. Shadowfax has raised $246.8 million across 11 funding rounds from investors including Flipkart, Qualcomm and International Finance Corporation. Shadowfax has completed 3 acquisitions, including CriticaLog, NuvoEx and Pickingo. Shadowfax offers products and services including Express Parcel, Hyperlocal Delivery, Quick Commerce, Reverse Parcel, and Electric Vehicle Fleet. Shadowfax operates in a competitive market with competitors including Ripplr, Holisol, Shipyaari, Shypmax and DASH, among others.
- Headquarter Bengaluru, India
- Founders Praharsh Chandra, Gaurav Jaithliya, Abhishek Bansal, Vaibhav Khandelwal
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$246.8 M (USD)
in 11 rounds
-
Latest Funding Round
$16.27 M (USD), Series F
Feb 03, 2025
-
Investors
Flipkart
& 19 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
CriticaLog
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Shadowfax
Shadowfax offers a comprehensive portfolio of products and services, including Express Parcel, Hyperlocal Delivery, Quick Commerce, Reverse Parcel, and Electric Vehicle Fleet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Reliable delivery for D2C and small enterprises with quality checks
Fast 10-45 minute delivery for food, pharma, and groceries
Slotted and express doorstep deliveries for various items
Efficient returns with doorstep checks and refunds
Eco-friendly delivery options for hyperlocal and ecommerce needs
Unlock access to complete
Funding Insights of Shadowfax
Shadowfax has successfully raised a total of $246.8M across 11 strategic funding rounds. The most recent funding activity was a Series F round of $16.27 million completed in February 2025. 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.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series F — $16.3M
-
First Round
First Round
(21 Jul 2015)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series F - Shadowfax | Valuation |
investors |
|
| Feb, 2024 | Amount | Debt – Conventional - Shadowfax | Valuation |
investors |
|
| Feb, 2024 | Amount | Series E - Shadowfax | Valuation | TPG |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shadowfax
Shadowfax has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flipkart, Qualcomm and International Finance Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Mirae Asset is engaged in mutual fund and asset management services.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on B2B companies
|
Founded Year | Domain | Location | |
|
Fund of funds focused on pre-seed and seed-stage companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Shadowfax
Shadowfax has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CriticaLog, NuvoEx and Pickingo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Hyperlocal delivery services are provided for businesses in Delhi NCR.
|
2014 | ||||
|
Technology-enabled critical logistics solutions are provided to diverse industries.
|
2013 | ||||
|
Reverse logistics solutions are offered for Indian e-commerce returns.
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Shadowfax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shadowfax Comparisons
Competitors of Shadowfax
Shadowfax 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 Ripplr, Holisol, Shipyaari, Shypmax and DASH, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
End-to-end distribution and logistics solutions are provided across industries.
|
|
| domain | founded_year | HQ Location |
End-to-end supply chain, fulfilment, and IT solutions are provided.
|
|
| domain | founded_year | HQ Location |
Offers eCommerce shipping, bulk transport, and international delivery services.
|
|
| domain | founded_year | HQ Location |
Tech-enabled platform offering end-to-end asset-light delivery services
|
|
| domain | founded_year | HQ Location |
Digital financial solutions are provided by DASH for various stakeholders.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Shadowfax
Frequently Asked Questions about Shadowfax
When was Shadowfax founded?
Shadowfax was founded in 2015.
Where is Shadowfax located?
Shadowfax is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Shadowfax?
Abhishek Bansal is the current CEO of Shadowfax. They have also founded this company.
Is Shadowfax a funded company?
Shadowfax is a funded company, having raised a total of $246.8M across 11 funding rounds to date. The company's 1st funding round was a Series E of $50M, raised on Jul 21, 2015.
What does Shadowfax do?
Shadowfax was founded in 2015 and is headquartered in Bengaluru, India, operating in the logistics sector. Services encompass same-day, next-day, and instant deliveries, alongside intercity parcel handling, reverse logistics, and fulfillment options. These are tailored for e-commerce platforms, direct-to-consumer brands, small and medium enterprises, and personal courier requirements. Technology tools for route optimization and fraud detection are also integrated into operations.
Who are the top competitors of Shadowfax?
What products or services does Shadowfax offer?
Shadowfax offers Express Parcel, Hyperlocal Delivery, Quick Commerce, Reverse Parcel, and Electric Vehicle Fleet.
How many acquisitions has Shadowfax made?
Shadowfax has made 3 acquisitions, including CriticaLog, NuvoEx, and Pickingo.
Who are Shadowfax's investors?
Shadowfax has 20 investors. Key investors include Flipkart, Qualcomm, International Finance Corporation, Mirae Asset, and TPG.
What is Shadowfax's valuation?
The valuation of Shadowfax is $495.06M as of Apr 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.