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…
Delhivery Is Acquiring Ecom Express for a Jaw-Dropping 80% Discount — What’s Really Going On?
In a deal that’s leaving the entire Indian logistics industry buzzing, Delhivery, one of the country’s largest logistics firms, is about to make a massive acquisition. But here’s the crazy part: Delhivery is buying Ecom Express for just ₹1,407 crore — an 80% discount on the company’s…
Shadowfax Takes the Leap into the Stock Market
In a bold move signaling its ambitious growth plans, logistics startup Shadowfax has officially transitioned from a private company to a public entity. This shift comes as the Bengaluru-based logistics company sets its sights on an upcoming Initial Public Offering (IPO), marking a significant milestone in its journey.
By renaming itself from Shadowfax…
In a move that has caught the attention of the e-commerce and logistics world, Delhivery, the fast-growing logistics giant based in Gurugram, has appointed Milind Sharma as the head of its Rapid Commerce and Direct-to-Consumer (D2C) brands division. What makes this even more exciting is that Sharma is not new to Delhivery—he was one of the company’s earliest employees, playing a key role in…
Shadowfax, one of India’s leading logistics companies, is on the fast track to an Initial Public Offering (IPO). The company recently raised ₹34 crore in its Series F funding round, with major investments coming from global players like Mirae Asset and Nokia Growth Partners. With an eye on the stock market, Shadowfax is gearing up for an IPO that could raise between ₹2,500 crore and ₹3,000…
In a significant move towards sustainable transportation, myTVS, part of the $3 billion TVS Mobility Group, has officially launched its Mobility-as-a-Service (MaaS) platform, specifically designed for last-mile electric vehicle (EV) fleet operators across India. This innovative platform aims to provide comprehensive vehicle management services, positioning myTVS as a key player in optimizing EV…
