Shadowfax

Shadowfax is a trusted on-demand last mile logistics network offering tech-enabled one stop delivery solutions.

Shadowfax provides businesses access to cutting edge technology in logistics and a reliable delivery network.

Shadowfax was founded in 2015 by Abhishek Bansal and Vaibhav Khandelwal. The company is headquartered in Bangalore, Karnataka, India.

Shadowfax is on a mission to connect the next million micro entrepreneurs and suppliers in logistics using a singular platform/IOTs to bridge the information gap and eradicate inefficiencies across the value chain.

Shadowfax operates an unusually built business-to-business logistics network in over 300 cities in India. The startup works with neighborhood stores to use their real estate to store inventory, and a large network of freelancers for the delivery.

 

Shadowfax's network is capable of delivering instantly within and across 200 cities. More than 15,000+ delivery partners work with Shadowfax’s multi-modal platform, driving bikes, minivans, trucks, airlines and even electric vehicles.

 

Shadowfax is backed by Fidelity Investments, Flipkart, NGP Capital, Snapdeal, Qualcomm Ventures, Eight Roads Ventures, Nokia Growth Partners and others. The company raised $60M in a Series D round on Dec 05, 2019. This new round brings Shadowfax's total funding to $100.8M to date.

 

 

  • Year founded: 2015
  • Funding Info: $100.8M over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 501-1000
  • Business Valuation: Valued at around $250M as of Dec 05, 2019
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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