Shadowfax - About the company
Shadowfax is a public company based in Bengaluru (India), founded in 2015 by Vaibhav Khandelwal and Gaurav Jaithliya. 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 31 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like LoadShare, Shipyaari and Shipzip.
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.
- Website
- shadowfax.in
- Social
- 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
Ranked
1st among 31 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
3,545 as on Mar 31, 2025
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Shadowfax
Shadowfax is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Shadowfax Technologies Limited CIN: U72300KA2015PLC150324 , India, Active | Apr 21, 2015 | ₹1,000+ Cr (As on Mar 31, 2026) | 5556 (As on Apr 01, 2026) | |
Shadowfax Technologies Private Limited CIN: U72300DL2015PTC279342 , India, Active | Apr 20, 2015 | ₹50 - ₹100 Cr (As on Mar 31, 2018) | 4207 (As on Aug 01, 2025) |
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 24 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Shadowfax:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 28, 2025 | 3309485 | Series F | 2240432 | 1542942 | 3707263 | 8854779 |
Feb 27, 2024 | 7765538 | Series E | 3905041 | 8874545 | 3834531 | |
Feb 27, 2024 | 2018393 | Venture Debt | 2280121 | 7997383 | 2384028 | 2305638 |
Access funding benchmarks and valuations. Sign up today!View details of Shadowfax's funding rounds and investors
Shadowfax's founders and board of directors
Founder? Claim ProfileThe founders of Shadowfax are Vaibhav Khandelwal and Gaurav Jaithliya. Abhishek Bansal . is the CEO of Shadowfax.
Here are the details of Shadowfax's key team members:
- Vaibhav Khandelwal: Co-Founder & CTO of Shadowfax. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 2 phone numbers
- Gaurav Jaithliya: Co-Founder of Head of Business Strategy of Shadowfax. Contact Info: 2 email addresses
Shadowfax's Board of Directors
Shadowfax's board has 8 active members. Vaibhav Khandelwal, Abhishek Bansal . and Praharsh Chandra are part of team and Ruchira Shukla, Bijou Kurien, Pirojshaw Aspi Sarkari, Gaurav Jaithlia and Dinkar Gupta are independent board members.Here is the list of Shadowfax's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 4m | |
Team | - | Current | 1y 3m | |
sgmnwim | Team | - | Current | 9y 2m |
Independent board member | - | Current | 1y 7m | |
pjedwcb | Independent board member | - | Current | 4y 1m |
{vmiogj | Independent board member | - | Current | 5y 2m |
dcqnxyp | Independent board member | - | Current | 8y 2m |
anpqsob | Independent board member | - | Current | 2y 5m |
View details of Shadowfax's Founder profiles and Board Members
Shadowfax's employee count trend
Shadowfax has 3,545 employees as of Mar 25. Here is Shadowfax's employee count trend over the years:
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Shadowfax's Competitors and alternates
Top competitors of Shadowfax include LoadShare, Shipyaari and Shipzip. Here is the list of Top 10 competitors of Shadowfax, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Logistics solutions for express deliveries | $247M | 83/100 | ||
2nd | Provider of end-to-end logistics delivery services | $65M | 72/100 | ||
3rd | Provider of B2B and e-commerce logistics solutions | - | - | 38/100 | |
4th | Provider of end-to-end delivery service management platform | - | - | 38/100 | |
5th | Offers automated shipping solutions for comprehensive logistics needs | - | - | 32/100 | |
6th | Tech-enabled platform offering end-to-end asset-light delivery services | - | - | 31/100 | |
7th |  TrackJack 2011, Netherlands, Unfunded | Provider of GPS fleet management systems | - | - | 26/100 |
8th |  MegaTracker 2011, Delhi (India), Unfunded | Saas-enabled fleet tracking and monitoring solutions | - | - | 25/100 |
9th | Provider of e-commerce fulfillment solutions | - | - | 24/100 | |
10th | Provider of automated eCommerce shipping solution | - | - | 24/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!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 | 4284838 | 6330604 | 3801037 | 2885775 |
2887387 | 6535220 | 7451835 | 9217941 | 7629732 | 5411509 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 53.71% | 3,200Cr | 7178365 | 6560681 | 2094595 | 3889921 |
752367 | 231453 | 847776 | 646860 | 275207 | 348010 | |
444 | 798 | 227 | 511 | 878 | 697 | |
51 | 92 | 78 | 92 | 95 | 81 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 15.13% | 902Cr | 5260019 | 9480309 | 9565237 | 4943430 |
Angel | 2.43% | 145Cr | 19 | 38 | 42 | 62 |
Other People | 0.18% | 10.7Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 8.89% | 530Cr | 1543796 | 8374609 | 1199466 | 5753785 |
Total | 100.00% | 5,960Cr | 4610332 | 4375861 | 2398497 | 5135261 |
To unlock detailed Cap Table of Shadowfax Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView 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) |
Want to know more about where corporates are investing? Sign up today!See all acquisitions by Shadowfax
Reports related to Shadowfax
Here is the latest report on Shadowfax's sector:
News related to Shadowfax
Filter this listMedia has covered Shadowfax for a total of 31 events in the last 1 year, 6 of them have been about company updates.
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Flipkart plans to sell stake worth Rs 700 crore in Shadowfax TechnologiesMoneycontrol•Jul 13, 2026•Shadowfax, Flipkart, Eight Roads Ventures
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Mirae Asset trims Shadowfax stake by 0.97% for Rs 120 CrEntrackr•Jun 24, 2026•Shadowfax, Mirae Asset
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Shadowfax Launches ‘Shadowfax 360’ to Simplify Logistics for SMEs and D2C BrandsLogistics Insider•Apr 22, 2026•Shadowfax
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Shadowfax Launches Platform To Expand SME Logistics Access Across 15,000+ PincodesFree Press Journal•Apr 21, 2026•Shadowfax
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