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Shadowfax - About the company

Shadowfax is a public company based in Bengaluru (India), founded in 2015 by Abhishek Bansal, Vaibhav K, Gaurav Jaithliya and Praharsh Chandra. It operates as a Logistics solutions for express deliveries. Shadowfax has raised $247M in funding from investors like Flipkart, Eight Roads Ventures and TPG. The company has 34 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like LetsTransport, LoadShare and Ripplr.

Company Details

Logistics solutions for express deliveries. It offers services, including same-day delivery, next-day delivery, and instant delivery. It provides solutions for e-commerce, D2C businesses, SMEs, and personal courier needs. It also offers technology-driven tools for route optimization and fraud detection. It also provides intercity parcel delivery, reverse logistics, same-day and next-day delivery options, and fulfillment services.
Social
XFacebook
Email ID
*****@shadowfax.in
Phone Number
+91 **********
Registered Address
House No-6A Block NP, Pitampura New Delhi , North West Unclassified DL 110034
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Public
Total Funding
$247M in 12 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
₹2,510Cr as on Mar 31, 2025
Employee Count
4,207 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Shadowfax's IPO details

Shadowfax got listed on Jan 28, 2026.
Click here to take a look at Shadowfax's IPO in detail
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Shadowfax's funding and investors

Shadowfax has raised a total funding of $247M over 12 rounds. Its latest funding round was a Series F round on Jan 28, 2025 for $*****. 12 investors participated in its latest round. Shadowfax has 22 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Shadowfax:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 28, 2025
8398011
Series F
8463708
1890865
7305268
4728004
Feb 28, 2024
8976827
Conventional Debt
4203361
2845025
6047895
9993741
Feb 27, 2024
2223708
Series E
7140158
7446509
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Shadowfax's founders and board of directors

Founder? Claim Profile
The founders of Shadowfax are Abhishek Bansal, Vaibhav K, Gaurav Jaithliya and Praharsh Chandra. Abhishek Bansal is the CEO of Shadowfax.
Here are the details of Shadowfax's key team members:

Shadowfax's Board of Directors

Shadowfax's board has 11 active members. Abhishek Bansal, Vaibhav K, Aditya Gurunath Systla, Swapna Gupta, Mamtesh Sugla and Upal Basu are part of team and Ruchira Shukla, Shweta Bhatia, Bijou Kurien, Hemant Badri and Pirojshaw Aspi Sarkari are independent board members.
Here is the list of Shadowfax's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
0y 11m
Team
-
Current
11y 1m
Investor
Eight Roads Ventures
Current
9y 1m
Investor
Qualcomm Ventures
Current
-
xoovvb{
Investor
gjmyvtv
Current
9y 8m
amerqar
Investor
qmnlthd
Past
4y 2m
qagcmbc
Investor
-
Past
3y 3m
Independent board member
-
Current
1y 3m
cusspbr
Independent board member
-
Current
1y 1m
pxdkthr
Independent board member
-
Current
1y 2m
e{lrtsl
Independent board member
-
Current
1y 2m
eagrehu
Independent board member
-
Past
8y 9m
umvklmd
Independent board member
-
Past
3y 6m

Shadowfax's employee count trend

Shadowfax has 4,207 employees as of Aug 25. The total employee count is 32.0% more than what it was in Aug 24. Here is Shadowfax's employee count trend over the years:
Employee count trend for Shadowfax
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Shadowfax's Competitors and alternates

Top competitors of Shadowfax include LetsTransport, LoadShare and Ripplr. Here is the list of Top 10 competitors of Shadowfax, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shadowfax
Shadowfax
2015, Bengaluru (India), Public
Logistics solutions for express deliveries
$247M
83/100
2nd
Logo for LetsTransport
LetsTransport
2015, Bengaluru (India), Acquired
Provider of managed logistics services including first-mile, mid-mile, and last-mile delivery
$92.6M
76/100
3rd
Logo for LoadShare
LoadShare
2017, Bengaluru (India), Series C
Provider of end-to-end logistics delivery services
$65M
72/100
4th
Logo for Ripplr
Ripplr
2019, Bengaluru (India), Series C
Provider of distribution and logistics services for multiple industry verticals
$123M
72/100
5th
Logo for Shipyaari
Shipyaari
2013, Mumbai (India), Unfunded
Provider of B2B and e-commerce logistics solutions
-
-
35/100
6th
Logo for Shipio
Shipio
2022, Ajmer (India), Unfunded
Offers automated shipping solutions for comprehensive logistics needs
-
-
32/100
7th
Logo for Shypmax
Shypmax
2016, Gurugram (India), Funding Raised
Tech-enabled platform offering end-to-end asset-light delivery services
-
-
31/100
8th
Logo for TrackJack
TrackJack
2011, Netherlands, Unfunded
Provider of GPS fleet management systems
-
-
26/100
9th
Logo for Shipzip
Shipzip
2019, Kolkata (India), Unfunded
Provider of end-to-end delivery service management platform
-
-
26/100
10th
Logo for MegaTracker
MegaTracker
2011, Delhi (India), Unfunded
Saas-enabled fleet tracking and monitoring solutions
-
-
25/100
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Looking for more details on Shadowfax's competitors? Click here to see the top ones

Shadowfax's Latest cap tables and shareholding

Founders own 19.66%, Funds (largest shareholder) own 53.71%, Enterprises own 15.13% and Angels own 2.43%. The net worth of Shadowfax's founders is INR 1,170Cr as of Feb 04, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
19.66%
1,170Cr
1073292
5454258
6517433
7577055
1373488
4417781
3762830
9397719
1969882
8791977
6759959
8378484
5897320
4992011
8380195
6015232
0
0
0
0
0
0
0
0
0
0
0
0
Fund
53.71%
3,200Cr
9343206
8975072
6567610
6023612
104
966
751
539
897
592
0
0
0
0
0
0
836003
868212
121687
318243
933193
361950
71
40
39
20
50
83
0
0
0
0
0
0
Enterprise
15.13%
902Cr
7336230
2966927
6474979
3607527
Angel
2.43%
145Cr
38
89
29
61
Other People
0.18%
10.7Cr
0
0
0
0
ESOP Pool
8.89%
530Cr
6655641
8272563
7803443
7416587
Total
100.00%
5,960Cr
7047581
7546120
7457856
5131907
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Shadowfax's Shareholding

Shadowfax's Investments and acquisitions

Shadowfax has acquired 3 companies including CriticaLog, NuvoEx and Pickingo. Shadowfax has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 27, 2025
Acquisition
2013
Bengaluru (India)
Oct 31, 2017
Acquisition
2013
Delhi (India)
Nov 09, 2015
Acquisition
2014
Gurugram (India)
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See all acquisitions by Shadowfax

Reports related to Shadowfax

Here is the latest report on Shadowfax's sector:

News related to Shadowfax

lockFilter this list
Media has covered Shadowfax for a total of 27 events in the last 1 year, 5 of them have been about company updates and 1 about people movement.
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FAQs about Shadowfax

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