| Date | Title | Description |
| 16.09.2026 | Fabric care startup Iztri raises Seed funding from All In Capital, Suashish Group | Anupam Mittal, Kunal Shah, Tanmay Bhat, Gaurav Munjal, Roman Saini, Abhishek Goyal, the JK Tyre family office, and the founders of Shadowfax, Abhishek Bansal and Vaibhav Khadelwal, all participated in the round. PedalStart, an early backer,... |
| 08.09.2026 | Fabric care startup Iztri raises Rs 10 crore from All In Capital, Anupam Mittal, Kunal Shah, others | Iztri, a Bengaluru-based fabric care startup, today announced that it has raised Rs 10 crore ($1.1 million) in a seed funding round led by All In Capital and Suashish Group.
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The round also saw participation from prominent angel... |
| 08.09.2026 | DigitalPaani, Iztri, Sorry Sugar, Marmalade net early-stage cheques | DigitalPaani co-founders Mansi Jain (left) and Rajesh Jain
Water infrastructure startup DigitalPaani, fabric care firm Iztri, and beverage brands Sorry Sugar and Marmalade have secured fresh funding in early-stage rounds, the companies said... |
| 26.08.2026 | Qualcomm Ventures affiliate sells 75 lakh Shadowfax shares for Rs 184 crore | Qualcomm Asia Pacific Pte Ltd, an affiliate of Qualcomm Ventures, has sold 75 lakh shares in logistics company Shadowfax Technologies for Rs 183.85 crore in an open-market transaction.
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The shares, representing about 1.28% of Sh... |
| 07.08.2026 | D2CX Converge Kolkata Unpacks The Playbook For Scaling India’s Next Generation Of Consumer Brands | SUMMARY
At the Kolkata edition of D2CX Converge, founders and operators from Wow! Momo, Nestasia, Aza Fashions, WishCare and Littlebox shared practical lessons on building scalable consumer brands through customer obsession, omnichannel gro... |
| 07.08.2026 | India Digest: IndiaRF buys Ashok Iron Works stake; TPG divests Shadowfax stake | The India Resurgence Fund has acquired a majority stake in Fine Edge Engineering Private Limited. In a separate development, TPG has divested its stake in transportation company Shadowfax through an open-market transaction. IndiaRF buys maj... |
| 07.08.2026 | PE Giant TPG Offloads Shadowfax Shares In ₹301 Cr Bulk Deal | SUMMARY
The PE major, via its entity NewQuest Asia Fund IV, sold 1.25 Cr shares of Shadowfax at ₹240.46 each to rake in the amount
The bulk deal comes as the investor looks to book profits amid a sharp uptick in Shadowfax’s share prices in ... |
| 31.07.2026 | Shadowfax profit jumps over 8x to record Rs 65 crore as revenue rises to Rs 1,358 crore in Q1 FY27 | India’s logistics company Shadowfax Technologies has reported a more than 700% increase in quarterly profit, supported by higher delivery volumes across its express and hyperlocal businesses.
PAT rose to Rs 65 crore in the three months to 3... |
| 28.07.2026 | ICICI Prudential MF Raises Shadowfax Stake To 8.56% After Buying 89 Lakh Shares | SUMMARY
ICICI Prudential Mutual Fund increased its stake in listed logistics company Shadowfax to 8.56% after acquiring a net 89.44 Lakh shares through an open market transaction
Based on Shadowfax's closing share price of ₹214.35 on July 2... |
| 24.07.2026 | Flipkart, Eight Roads Offload Shadowfax Shares Worth ₹1,654 Cr In Bulk Deal | SUMMARY
Walmart-owned Flipkart and existing investor Eight Roads Ventures have offloaded Shadowfax shares worth a cumulative ₹1,654.4 Cr through bulk deals, marking another partial exit by early backers of the listed logistics company
The s... |
| 24.07.2026 | D2CX Converge Indore Decodes The New Playbook For Building Enduring Consumer Brands | SUMMARY
At the Indore edition of D2CX Converge, founders of leading fashion, beauty and baby care brands shared practical insights on building enduring consumer businesses through omnichannel expansion, disciplined execution and operational... |
| 23.07.2026 | Eight Roads, Flipkart, IMM offer Shadowfax shares worth ₹1,048 crore as lock-in ends | - |
| 20.07.2026 | AI Pharmacy Startup Plazza Raises $15M to Solve India’s Medicine Fill-Rate Crisis | By Russell White
Published: Jul 20 2026, 3:44 PM EDT
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| 14.07.2026 | EV Logistics Pioneer TOCAL Secures Rs 9 Crore to Electrify India's Supply Chain | TOCAL, an innovative EV logistics and fulfillment startup, secured Rs 9 crore in seed funding. XB Group led the investment. This capital fuels aggressive expansion across India. TOCAL plans to operate in over 15 major cities, deploy 20,000 ... |
| 13.07.2026 | Walmart-owned Flipkart may sell its stake in Shadowfax Technologies for up to Rs 750 crore: Report | Walmart-backed e-commerce company Flipkart is preparing to sell part of its stake in logistics firm Shadowfax Technologies in a transaction worth between Rs 700 crore and Rs 750 crore, according to a Moneycontrol report.
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The re... |
| 11.07.2026 | New-Age Tech Stocks: MapmyIndia, PhysicsWallah Zoom; Ola Electric, Pine Labs Slip | SUMMARY
While 29 of the 57 new-age tech companies gained in a range of 0.24% to over 15%, 27 companies fell in a range of 0.37% to 9.11%
Nine stocks – RateGain, Shadowfax, Lenskart, Honasa Consumer, Delhivery, Kissht, Aequs, Nykaa, Ather En... |
| 10.07.2026 | EV fleet startup TOCAL secures Rs 9 Cr Seed funding from XB Group | In a seed fundraising round headed by XB Group, the parent company of K-Indev Logistics, and also Navyug Global Ventures and Nivetha Muralidharan, EV fleet and fulfillment infrastructure business TOCAL has raised Rs 9 crore.
According to a ... |
| 08.07.2026 | InCred Alts leads PE funding in gas analytics firm Adage Automation | Vivek Singla, managing partner and CIO, InCred Alternative Investments
Adage Automation Pvt. Ltd, a Goa-based maker of gas analysers and emission-monitoring systems, has raised Rs 230 crore (about $24.4 million) in a growth funding round le... |
| 04.07.2026 | New-Age Tech Stocks Rally On Improving Investor Sentiment; WeWork, ixigo Lead Gains | SUMMARY
Thirty nine out of the 57 new-age tech companies under Inc42’s coverage gained in a range of 0.03% to close to 20% this week
The rally was broad-based across segments, with 11 companies – WeWork India, Ather Energy, Kissht, RateGain... |
| 29.06.2026 | Toys startup LiLLBUD raises Rs 6 Cr Seed funding from Zeropearl VC | In a seed fundraising round headed by Zeropearl VC, LiLLBUD, an early learning firm that targets children between the ages of 0 and 3, raised Rs 6 crore. Abhishek Bansal, CEO of Shadowfax, Kunal Shah, founder of CRED, and a syndicate of con... |
| 27.06.2026 | New-Age Tech Stocks: Meesho, Smartworks Rally; ideaForge, EaseMyTrip Tumble | SUMMARY
It was a mixed week for new-age tech stocks, with 23 of the 57 stocks gaining in a range of 0.01% to about 15% and 34 stocks declining between 0.15% to 11.75%
Shares of Amagi, Aequs, Nykaa, Kissht, Shadowfax and SEDEMAC touched fres... |
| 20.06.2026 | New-Age Tech Stocks: Aequs, Nykaa Lead Weekly Gains; Ola Electric, Ather Slip | SUMMARY
While 43 of the 57 new-age tech stocks gained in the range of 0.08% to over 21%, 14 stocks fell in a range of 0.21% to close to 8%
Seven new-age tech stocks — WeWork India, Shadowfax, Kissht, Aye Finance, Nykaa and Amagi — also touc... |
| 13.06.2026 | New-Age Tech Stocks: EaseMyTrip, SEDEMAC Lead Weekly Gains; Yudiz, ideaForge Slip | SUMMARY
Thirty one out of the 57 new-age tech stocks under Inc42's coverage gained in a range of 0.05% to close to 24% this week, while 25 stocks fell in a range of 0.30% to close to 15%
hares of Kissht, Ather Energy, Honasa Consumer, Shado... |
| 23.05.2026 | New-Age Tech Stocks See Mixed Week; Kissht, Honasa Among Top Gainers | SUMMARY
While thirty one out of the 57 new-age tech stocks under Inc42’s coverage gained in a range of 0.11% to close to 18% this week, 26 stocks fell in a range of 0.01% to over 15%
Shares of Honasa Consumer, Shadowfax, Kissht and SEDEMAC ... |
| 18.05.2026 | D2CX Converge Ahmedabad Spotlights Growth Playbooks Of India’s Emerging Consumer Brands | SUMMARY
At the Ahmedabad edition of D2CX Converge, founders and operators of FMCG, fashion, food and personal care brands discussed what it takes to build enduring consumer brands in an increasingly competitive market
The evening featured a... |
| 15.05.2026 | Shadowfax’s Q4 Show, India’s D2C 3.0 Moment & More | -->
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| 14.05.2026 | Shadowfax To Add 85 Dark Stores, Expand Network To 100 In FY27 | SUMMARY
Shadowfax will target a 7 km radius for its dark stores in metro cities with delivery timelines of around 30 minutes
Its share in the 3PL market has grown to 27-29% from 8% over the last four years, as it cannibalised the market pre... |
| 14.05.2026 | Shadowfax Posts ₹56 Cr Profit In Q4, Revenue Jumps 74% YoY | SUMMARY
Shadowfax reported a consolidated net profit of ₹55.8 Cr as against a net loss of ₹9.9 Cr in the year-ago period
Revenue from operations increased 73.6% to ₹1,237 Cr from ₹712.4 Cr in the same period last year
Including other income... |
| 16.04.2026 | D2C Brand Desi Farms’ Revenue Surges 8X To ₹300 Cr In FY26 | SUMMARY
D2C dairy brand Desi Farms’ revenue crossed the ₹300 Cr mark in FY26, marking an about 8X jump from ₹38 Cr in FY25
The brand is targeting breaching the ₹800 Cr revenue mark in FY27, founder and CEO Sunil Shahi told Inc42
Shahi claim... |
| 09.04.2026 | Pluckk Bags ₹100 Cr To Scale Farm-To-Door Business, Enter Offline Retail | SUMMARY
The Series A1 funding round was led by existing investor Euro Gulf Investment, taking the total capital raised to $26 Mn
Pluckk is planning to deploy the capital toward investments in technology and product innovation, especially in... |
| 09.04.2026 | Honasa Surges Over 11% After Company Projects Early-20s Revenue Growth In Q4 | SUMMARY
The company said it expects to deliver growth in the late twenties in the last quarter of the previous fiscal year (Q4 FY26)
Honasa attributed the growth in Q4 to the strong performance of Mamaearth
The Derma Co., Aqualogica, BBlunt... |
| 19.03.2026 | Mave Health Nets $2.1 Mn To Launch Its Mental Health-Focused Wearables | SUMMARY
Healthtech startup Mave Health has raised $2.1 Mn (about ₹18 Cr) in a seed funding round led by Blume Ventures
The startup intends to use the raised capital to launch its tDCS wearable headset in the US and India, and to expand its ... |
| 20.01.2026 | Logistics startup Shadowfax raises Rs 856 crore from ICICI Prudential AMC, Nippon Life India, other anchor investors | New-age logistics and last-mile delivery company Shadowfax Technologies has raised Rs 856.02 crore from anchor investors, as per stock exchange disclosures.
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The IPO opens for subscription on January 20.
The Bengaluru-based comp... |
| 15.01.2026 | Pee Safe Secures $32 Million to Propel Global Hygiene Market Expansion | Pee Safe, a prominent hygiene and wellness brand, recently closed a $32 million Series C funding round. Healthcare-focused private equity firm OrbiMed led this significant investment. The capital injection targets ambitious growth. It will ... |
| 14.01.2026 | Femtech Brand Pee Safe Bags $32 Mn From OrbiMed | SUMMARY
Pee Safe has secured $32 Mn (INR 290 Cr) in its Series C round from Netmeds-backer OrbiMed in a mix of primary and secondary share sale
In addition to the capital infusion, OrbiMed’s Dr Sunny Sharma and Sumona Chakraborty will join ... |
| 06.01.2026 | Blue Tokai’s FY25 Loss Narrows 20% To INR 50 Cr | SUMMARY
Speciality coffee chain Blue Tokai Coffee Roasters’ net loss declined 20.2% to INR 50.2 Cr in the year ended March 2025 from INR 62.9 Cr in FY24
Operating revenue stood at INR 325.4 Cr, marking a 1.5X jump from INR 215.8 in FY24
Blu... |
| 06.01.2026 | SkinInspired Bags INR 24 Cr To Tap Into India’s Growing Skincare Market | SUMMARY
The funding was led by Spring Marketing Capital, with participation from Lotus Herbals’ Beauty Innovation Fund, Arihant Patni, and existing investor Unilever Ventures
The D2C startup plans to deploy the fresh capital to power its re... |
| 06.01.2026 | Traya Slips Into The Red In FY25, Posts INR 22.5 Cr Loss | SUMMARY
Haircare solutions startup Traya has posted a net loss of INR 22.5 Cr in the fiscal year 2024-25 from a profit of INR 8.8 Cr in FY24
The startup’s operating revenue for FY25 zoomed 43% to INR 338.4 from INR 236 Cr in the previous fi... |
| 03.01.2026 | Foxtale’s FY25 Loss Widens 33% To INR 73 Cr | SUMMARY
Foxtale’s net loss widened 32.5% to INR 72.7 Cr in FY25 from INR 54.8 Cr in the previous fiscal year, as its cash burn increased with the rise in sales
The startup’s operating revenue surged 138.7% to INR 198.7 Cr during the year un... |
| 29.12.2025 | Comet’s FY25 Revenue Quadruples To INR 29 Cr | SUMMARY
Comet’s revenue nearly quadrupled to INR 29.1 Cr in FY25 from INR 7.3 Cr in FY24 on rising demand for its products
With the rise in sales, Comet’s net loss also widened 120.6% to INR 4.4 Cr during the year under review from INR 2 Cr... |
| 19.12.2025 | Packaged Food Startup Alimento Agro Raises INR 52 Cr To Strengthen Distribution | SUMMARY
Mumbai-based packaged food startup Alimento Agro Foods has raised INR 52 Cr (about $5.8 Mn) in its Series A funding round from IvyCap Ventures
The startup plans to use the capital for expansion of its manufacturing capacity, strengt... |
| 16.12.2025 | D2C Haircare Brand Moxie Beauty Bags $15 Mn From Bessemer, Others | SUMMARY
The funding round was led by Bessemer Venture Partners, with participation from Mokobara cofounders Navin Parwal and Sangeet Agarwal, Reckitt’s Arjun Purkayastha
The startup plans to use the capital for product innovation and resear... |
| 16.12.2025 | Kusha Kapila’s D2C Innerwear Brand Underneat Raises $6 Mn | SUMMARY
Underneat’s pre-Series A funding round was from existing investor Fireside Ventures
The startup will use the fresh capital to scale its operations and strengthen distribution channels across the country
Prior to this, it raised $1 M... |
| 11.12.2025 | Honasa To Acquire Men’s Personal Care Brand Reginald For INR 195 Cr | SUMMARY
Honasa said that it would acquire a 95% equity stake in BVPL via secondary purchase for INR 195 Cr enterprise value on a “no-cash no-debt” basis
The deal is expected to be completed in four weeks, while Honasa plans to buy the remai... |
| 03.12.2025 | Furlenco Raises INR 125 Cr To Expand Presence Ahead of IPO | SUMMARY
The funding round was led by existing investor Sheela Foam, along with participation from Whiteoak and Madhu Kela
Furlenco plans to deploy the fresh capital to strengthen its presence in existing markets and enter new markets in the... |
| 24.11.2025 | D2C Brand FAE Beauty Raises INR 17 Cr For Omnichannel Expansion | SUMMARY
FAE Beauty raised funds from Spring Marketing Capital, Titan Capital, Winners Fund, Arihant Patni, and angel investors
The startup said it will use the funds for product innovation, enter new categories, and strengthen its omnichann... |
| 21.11.2025 | Meesho Eyes December Listing, Targets $6 Bn IPO Valuation | SUMMARY
IPO-bound ecommerce major Meesho is targeting a post-money valuation of little over $6 Bn (about INR 53,700 Cr) for its initial public offering (IPO)
The company has completed investor roadshows and is finalising its listing timelin... |
| 08.11.2025 | Shadowfax DRHP: Shareholding Structure & Key Executives | SUMMARY
Flipkart Internet Private Limited is the largest shareholder among institutional ones with 14.84% equity
While Eight Roads Investments holds 14.16%, TPG’s NewQuest Asia Fund IV (Singapore) Pte. Ltd. has 14.09% stake
Shadowfax filed ... |
| 03.11.2025 | Shadowfax to Raise Up to ₹2,000 Cr Through IPO, Files Updated Papers with SEBI The company has stated that it will utilize the IPO's net proceeds towards capital expenditure requirements related to it... | Shadowfax Technologies Limited, a technology-led third-party logistics company, has recently filed its UDRHP-I with SEBI.
According to the updated papers, the total size of the offer aggregates up to INR 2,000 crores and will consist of a f... |
| 02.11.2025 | Mint Explainer: Is Shadowfax’s client concentration the canary in the logistics coal mine? | - |
| 01.11.2025 | IPO-Bound Shadowfax’s Profit Surges 114% To INR 21 Cr In H1 FY26 | SUMMARY
Shadowfax’s consolidated net profit surged nearly 114% to INR 21 Cr in the first six months of the ongoing financial year (H1 FY26) from INR 9.8 Cr in the same period last year, on the back of a strong revenue growth
As per Shadowfa... |
| 01.11.2025 | Shadowfax Files Updated DRHP For INR 2,000 Cr IPO | SUMMARY
The company’s public offering will comprise a fresh issue of equity shares worth up to INR 1,000 Cr and an OFS component of up to INR 1,000 Cr
Flipkart will offload shares worth up to INR 237 Cr, Eight Roads Ventures will sell share... |
| 22.10.2025 | Shadowfax Receives SEBI Nod, LG India IPO Boosts Parent Company Stocks Bengaluru-based logistics startup Shadowfax Technologies has secured approval from the Securities and Exchange Board of India (SE... | Bengaluru-based logistics startup Shadowfax Technologies has secured approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), expected to raise between INR 2,000-2,500 crore. The offering ... |
| 22.10.2025 | Shadowfax Receives SEBI Approval for INR 2,500 Cr IPO The approval follows nearly three months after the company filed its draft red herring prospectus through the confidential route. | Bengaluru-based logistics startup Shadowfax has secured approval from the Securities and Exchange Board of India (SEBI) to proceed with its INR 2,500 crore initial public offering.
The development was confirmed in SEBI's "Processing St... |
| 21.10.2025 | Shadowfax Gets SEBI Nod For Its IPO | SUMMARY
While the exact size of the public issue is yet to be confirmed, the company's board, in June, approved the proposal to raise up to INR 2,000 Cr through the IPO
The company is expected to seek a post-IPO valuation of around INR 8,50... |
| 24.09.2025 | Thank You, Sponsors, For Powering The D2C Retreat 2025 | SUMMARY
Around 50+ leading D2C brand founders came together at Oberoi Sukhvilas, Chandigarh to be a part of The D2C Retreat, a one-of-its-kind unconference, held on September 12-14
Over three days, the founders engaged in intimate conversat... |
| 19.09.2025 | Shift in Venture Capital: Exits, Track Records and the Solo GP Boom The motivations stem from a combination of market dynamics, growth ceiling concerns, and changing preferences among limited partners... | A wave of senior general partners (GPs) leaving large venture capital funds to launch independent firms is underway in India, highlighting a shift in early-stage investing. The motivations stem from a combination of market dynamics, growth ... |
| 08.09.2025 | Announcing FAST42 2026: Discovering India’s Fastest-Growing D2C Brands | SUMMARY
Inc42 is back with the fifth edition of FAST42 — one of the most premier rankings of India's fastest-growing D2C brands
Presented by Inc42 and Shadowfax, in partnership with Nitro and Simpl, the FAST42 list ranks the fastest-growing... |
| 08.09.2025 | CVCs Gain Ground in India with Advantage in Long-Term View for Deeptech In 2024, Bain & Company's India Venture Capital Report finds that CVCs stepped up meaningfully: their deal volumes increased... | Corporate Venture Capital (CVC) firms have a disproportionate advantage over traditional VC firms, especially in areas such as deeptech, in terms of long-term mapping, said Adarsh Sekhar, Partner, IBM Ventures.
In 2021, IBM committed USD 1 ... |
| 24.07.2025 | Shadowfax Gets Board Nod To Raise INR 2,000 Cr Via IPO | SUMMARY
Shadowfax’s board gave its nod for the initial public offering on June 24
The IPO will comprise a fresh issue of equity shares worth INR 1,000 Cr and an offer for sale worth INR 1,000 Cr
Earlier this month, the startup filed its DRH... |
| 23.07.2025 | IPO-Bound Shadowfax Adds New Faces To Its Board | SUMMARY
The company has appointed its chief business officer Praharsh Chandra and head of business strategy Gaurav Jaithlia as whole-time directors on its board
It has also appointed Dinkar Gupta, a retired IPS officer, as a non-executive i... |
| 03.07.2025 | TR Capital to ramp up India team, eyes more secondaries deal | Premium
Frederic Azemard, managing partner, TR Capital
TR Capital plans to strengthen its India team and close more transactions in the country, a top executive told VCCircle after the secondaries-focused private equity firm bought into thr... |
| 01.07.2025 | Shadowfax Files Confidential IPO Papers With SEBI | SUMMARY
While the IPO size was not disclosed in the notice, reports suggest that Shadowfax is targeting a listing worth INR 2,000–2,500 Cr
The company said, “This public announcement is being made pursuant to Regulation 59C(5) of the SEBI I... |
| 01.07.2025 | Eight Roads Sells Stakes In Three Startups In $50 Mn Secondary Deal | SUMMARY
Eight Roads has sold its stakes in customer engagement platform MoEngage, logistics services startup Shadowfax and enterprise tech startup Whatfix
Eight Roads made its initial investment in Shadowfax in 2015, Whatfix in 2019 and Moe... |
| 30.06.2025 | TR Capital Acquires Stakes in MoEngage, Shadowfax, and Whatfix for Over USD 50 Mn The transaction was completed with global investment firm Eight Roads Ventures, which is backed by Fidelity. | TR Capital, a leading secondary private equity firm focused on Asia, has announced the acquisition of stakes in three high-growth companies: MoEngage, Shadowfax, and Whatfix, for over USD 50 million. The transaction was completed with globa... |
| 30.06.2025 | Secondaries PE firm TR Capital buys stake in three firms from Eight Roads | Frederic Azemard, managing partner, TR Capital
Asia-focused secondaries private equity firm TR Capital, which manages over $1.5 billion across India, China and Southeast Asia, has acquired a stake in three growth-stage companies in India fo... |
| 27.06.2025 | Shadowfax To File Confidential Draft IPO Papers In A Month: Report | SUMMARY
Shadowfax is planning to file its draft IPO papers through confidential route in a month
The logistics company is looking at an IPO within a price range of INR 2000-2500 Cr
Shadowfax is likely to be valued around INR 5,500-6,000 Cr ... |
| 06.06.2025 | India's InCred eyes large firms but at discounts to public market valuations | India’s InCred Alternative Investments, which recently closed its maiden private equity (PE) fund, is betting big on large, established companies – but at valuations that come at a discount to public market multiples.
“Until around Septembe... |
| 22.04.2025 | Traders' Body CAIT Urges Govt to Regulate Quick Commerce | - |
| 08.04.2025 | India's InCred closes maiden PE fund at $67m | InCred Alternative Investments, a part of the InCred Group, on Tuesday said it has hit the final close of its maiden private equity fund at Rs 575 crore ($67 million), above its initial target of Rs 500 crore.
Launched in late 2023, the fun... |
| 08.04.2025 | InCred Alternatives Closes Maiden PE Fund at INR 575 Cr, Surpasses Target IGPF-I focuses on four core themes: consumption, enterprise, technology, and financial services. | InCred Alternative Investments Private Limited (InCred Alternatives), a part of InCred Capital Financial Services Limited, has announced the final close of its maiden private equity fund — InCred Growth Partners Fund-I (IGPF-I) — with commi... |
| 01.04.2025 | Dream11’s Homecoming, Shadowfax Gears Up For IPO & More | -->
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| 07.03.2025 | Shadowfax Cofounders Infuse INR 65 Cr In IPO-Bound Startup | Shadowfax Cofounders: Vaibhav Khandelwal & Abhishek Bansal
SUMMARY
Sources told Inc42 that the startup raised the capital at a post-money valuation of $750 Mn (about INR 6,518.51 Cr)
Of the total INR 65.4 Cr funding, Bansal infused INR ... |
| 08.02.2025 | From Cashfree Payments To Shadowfax — Indian Startups Raised $125 Mn This Week | SUMMARY
Between February 3 and 8, Indian startups cumulatively raised $124.6 Mn via 21 deals, marking a 36% decline from the $195.5 Mn raised across 24 deals in the preceding week
Fintech emerged as the top sector in terms of investment thi... |
| 07.02.2025 | ThinkMarkets and Trifecta Capital: Rising Stars in the Financial Landscape | In the bustling world of finance, two names have recently emerged as beacons of innovation and success: ThinkMarkets and Trifecta Capital. Both companies are carving their paths in the competitive landscape, showcasing how strategic moves a... |
| 05.02.2025 | First close of Rs 2,000 Cr Fund IV announced by Trifecta | The first close of Trifecta Capital’s fourth and biggest venture debt fund to date has been announced. For this fund, the company intends to raise Rs 2,000 crore, which includes a Rs 500 crore greenshoe option.
By providing non-dilutive fin... |
| 04.02.2025 | Shadowfax Strengthens Its Board Ahead Of IPO | SUMMARY
Shadowfax has onboarded Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari as independent directors to its board ahead of its IPO
The new additions will boost the company’s governance framework and further strengthen its position i... |
| 27.01.2025 | Shadowfax Acquires CriticaLog to Enhance High-Value Logistics Operations Shadowfax currently handles over 2 million packages daily. With this acquisition, the company aims to address growing demand fo... | Shadowfax, a logistics provider specializing in e-commerce express parcel services, has acquired CriticaLog, a company known for handling high-value and critical logistics. The financial details of the acquisition were not disclosed.
The ac... |
| 05.12.2024 | IPO-Bound Shadowfax’s FY24 Loss Falls 92% To INR 12 Cr | SUMMARY
Shadowfax’s net loss declined to INR 11.8 Cr from INR 142.6 Cr in FY23 due to growth in top line and improvement in margins
Operating revenue jumped 33.19% to INR 1,884.8 Cr in FY24 from INR 1,415.1 Cr in the previous year
Shadowfax... |
| 23.10.2024 | Avaana Capital Completes Final Close of USD 135 Mn Climate and Sustainability Fund The fund is backed by Green Climate Fund (GCF), DFC, UKIDCF, SRI Fund, SIDBI, Azim Premji Trust, and corporate suppor... | Avaana Capital, a leading climate-focused venture capital firm, has successfully completed the final close of its Avaana Climate and Sustainability Fund with a total fund size of USD 135 million.
The fund is dedicated to investing in early-... |
| 21.10.2024 | Shadowfax Likely To Double Valuation With Fresh Funding | SUMMARY
The fresh round will likely double the company's valuation to around INR 5,500- 6,000 Cr ($700 Mn)
This will be the company’s last private funding round ahead of its initial public offering (IPO)
Wealth managers, including Nuvama an... |
| 26.09.2024 | Secondary focused fund launched by Tribe Capital and Oister Global | With intentions to invest $500 million over the next two years, mostly into growth and late-stage startups, domestic financial investors Oister Global and Tribe Capital India have teamed up to launch their secondary franchise in India.
Oist... |
| 25.09.2024 | Eight Roads scores another multibagger partial exit | Premium
Credit: VCCircle
Eight Roads Ventures, a global venture capital firm, has scored a multi-bagger partial exit from a startup that it first backed five years ago. This comes just few months after its rich harvest from Shadowfax in Feb... |
| 24.09.2024 | Oister Global, Tribe Capital India partner to launch $500 million fund for secondary market investments | Gurugram-based investment firm Oister Global and the growth equity and private equity Indian arm of Tribe Capital--Tribe Capital India to launch a new fund focused on secondary transactions.
This fund is expected to make investments amounti... |
| 18.09.2024 | Former TPG NewQuest exec floats PE fund for growth stage bets | Premium
A former senior executive of TPG NewQuest, which has invested in companies such as ShadowFax, Halonix Technologies, and U Gro Capital, among others, has floated a new firm that will make investments across startups, growth stage com... |
| 21.08.2024 | Ecom Express: A New Chapter in Indian Logistics | Ecom Express is on the brink of a significant transformation. The logistics company is gearing up for an initial public offering (IPO) that could raise a staggering Rs 2,600 crore. This move is not just a financial maneuver; it’s a statemen... |
| 21.08.2024 | Snapdeal founders' VC firm Titan Capital raises $24 mn for Winners Fund | (L) Kunal Bahl and (R) Rohit Bansal, Titan Capital
Snapdeal founders Kunal Bahl and Rohit Bansal’s venture capital firm Titan Capital, has raised Rs 200 crore (around $23.8 million) for its Winners Fund floated earlier this year.
Registered... |
| 20.08.2024 | Rs 2,600 Cr IPO approved by Ecom Express board | The board has approved Ecom Express’s initial public offering (IPO) of Rs 2,600 crore through a combination of fresh issue and offer for sale, and the logistics company is expected to file a draft red herring prospectus soon.
According to m... |
| 13.08.2024 | Festival season drives surge in demand for gig workers | The upcoming festival season will see a surge in demand for gig workers as quick commerce firms such as Zepto, and Swiggy Instamart to online retailers like Meesho, Amazon and others anticipate a spike in demand for goods.
Industry sources ... |
| 05.08.2024 | Supply Chain Slowdown — Venture Funding Plummets In Sector | 7 Shares Email Facebook Twitter LinkedIn
Altana AI locked up a $200 million Series C last week to become one of the latest unicorns.
A well-funded startup reaching a $1 billion valuation is nothing new in this day and age. However, what was... |
| 03.07.2024 | Shadowfax Rolls Out AI-Backed Address Intelligence System For Seamless Deliveries | SUMMARY
Shadowfax launches SF Maps, an AI-powered address intelligence system for accurate deliveries.
The new system predicts customer locations with over 90% accuracy within 100 meters, reducing cancellations by 10%.
SF Maps uses artifici... |
| 03.07.2024 | VC funding into Indian startups rises by 45% in H1 2024 | In the first six months of 2024, venture capital (VC) funding into Indian startups showed all the signs of a steady upward trajectory, as it rose by 45% compared to the preceding six months between July and December 2023.
Indian startups ra... |
| 21.05.2024 | Shadowfax Expands ESOP Pool By Adding Options Worth INR 62 Cr To Retain Talent | SUMMARY
The logistics startup earlier this year passed a resolution where it had amended its ESOP 2016 scheme by adding 20,299 equity shares
Post the addition, the total ESOP 2016, which comprises 86,033 options, will be worth INR 263.5 Cr
... |
| 21.05.2024 | Shadowfax adds fresh ESOPs worth $7.3 Mn | Logistics company Shadowfax has added fresh employee stock options (ESOP) for its employees under the existing plan: ESOP 2016.
The board has approved the amendment of Shadowfax’s Employee Stock Option Plan 2016 with fresh 20,229 stock opti... |
| 11.03.2024 | Magicpin launches delivery service to enter logistics aggregation segment | Hyperlocal delivery startup Magicpin announced the launch of its delivery-as-a-service vertical Velocity, which the company plans to scale to 100,000 orders daily.
The platform is currently witnessing an average of 5,000 orders per day. Wit... |
| 01.03.2024 | Shadowfax Secures $100 Million in TPG-Led Funding Round | WAREHOUSING & LOGISTICS Shadowfax Secures $100 Million in TPG-Led Funding Round
01 Mar 2024 CW Team
In a testament to its robust growth trajectory, Shadowfax, a prominent player in the logistics sector, has successfully raised $100 mill... |
| 28.02.2024 | Shadowfax's $100 Million Funding Frenzy | Shadowfax, the logistics powerhouse, recently secured a whopping $100 million in Series E funding, spearheaded by TPG NewQuest. This funding frenzy also saw the participation of heavyweights like Mirae Asset Venture Investments, Flipkart, I... |
| 28.02.2024 | Logistics firm Shadowfax raised $100 M Series E funding from TPG NewQuest | The $100 million Series E funding round for the logistics company Shadowfax was closed as of Tuesday. The financing round was headed by TPG NewQuest, with participation from pre-existing investors Mirae Asset Venture Investments, Flipkart, ... |
| 28.02.2024 | Shadowfax Raises $100 Million in Series E Funding | Our partner company Shadowfax, a trailblazer in the logistics and delivery sector in India, today announced its $100 million Series E financing round led by TPG NewQuest, with participation from existing investors, including Mirae Asset Man... |
| 28.02.2024 | Shadowfax raises $100 million from TPG NewQuest, Flipkart and others | Shadowfax, the logistics firm, said it has closed its Series E funding round, securing $100 million in investments. TPG NewQuest led the round, with participation from existing investors, including Mirae Asset Venture Investments (India), F... |
