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…
In a move that has raised eyebrows across the Indian startup ecosystem, US-based investment giant Sands Capital has offloaded shares worth a staggering Rs 191 crore in logistics unicorn BlackBuck in just one week. This rapid partial exit from one of India’s fastest-growing logistics-tech companies has left investors and market watchers buzzing — but what’s really behind this sudden…
