Startup

Flipkart-Backed Shadowfax Shocks the Market: Revenue Hits Rs 1,806 Crore, Profits Double in Just Six Months

Indian logistics startup Shadowfax Technologies is making waves ahead of its IPO, reporting blockbuster numbers in the first half of FY26. The Flipkart-backed firm posted revenue of Rs 1,805.6 crore, a staggering 68% increase year-on-year, while profits more than doubled compared to the same period last year. Shadowfax has filed an updated Draft Red Herring Prospectus with SEBI, aiming to raise Rs…
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