History
Shadowfax was started by Abhishek Bansal and Vaibhav Khandelwal in March 2015. The company was initially conceptualised as a food delivery player, but operates in other verticals such as E-commerce and other express mail deliveries. Shadowfax acquired Pickingo Logixpress Private Limited in November 2015 and NuvoEx Logistics Private Limited in November 2017. Shadowfax has raised a total of $40.8 million in funding.
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August 2018
Shadowfax raises a $22,000,000 series C round from Qualcomm Ventures, Eight Roads Ventures, NGP Capital and Mirae Asset Venture Investment.
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NGP Capital
Qualcomm Ventures
Mirae Asset Venture Investment
Eight Roads VenturesPeople
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Peerzada Abrar
December 24, 2019
@bsindia
Read more about Alibaba backs logistics startup XpressBees again, plans to invest $10 mn on Business Standard. XpressBees is allotting 9,317 Series D1 compulsorily convertible preference shares at a price equivalent to $1,073.306 each, to Alibaba
Manish Singh
December 5, 2019
TechCrunch
Walmart's Flipkart has backed Shadowfax in a new $60 million financing round as the retail giant works to strengthen its logistics network in the nation. Flipkart, which alone contributed $30 million, led the Series D financing round for the three-year-old Bangalore-based startup, Shadowfax co-founder and chief executive Abhishek Bansal told TechCrunch in an interview. Existing [...]
Shadowfax
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CompanyCompany attributes
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Supply chain management
LogisticsLocation
IndiaInvestors
