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…
Shadowfax Quietly Files for IPO Worth Rs 2,500 Crore – Here’s What It Means
In a bold but discreet move, hyperlocal logistics startup Shadowfax has filed its Draft Red Herring Prospectus (DRHP) with India’s market regulator, SEBI, through the confidential route. The Bengaluru-based company is reportedly targeting to raise a massive Rs 2,000 to Rs 2,500 crore as it makes its debut in the…
Shadowfax Files Confidential IPO Papers, Aims to Raise Up to Rs 2,500 Crore!
India’s booming hyperlocal logistics scene just got hotter. Shadowfax, one of the country’s fastest-growing startups, has quietly filed its Draft Red Herring Prospectus (DRHP) with SEBI through the confidential route — a clear sign that a major IPO could be just around the corner.
The company is reportedly targeting…
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…
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…
