Shadowfax

IPO

Best Indian Logistics Company for Express Deliveries

Bengaluru, India · Founded 2015 · $207.5M raised

Headquarters
Bengaluru
Employees
1001–5000
Founded
2015
Business Model
B2B
Total Funding
$207.5M
Last Round
$95.0M Venture RoundJan 2026
Rounds
6

About

Shadowfax Technologies is India's leading third-party logistics (3PL) company and the second-largest 3PL player in India, offering end-to-end express parcel, same-day, next-day, and reverse logistics across 2,500+ cities and 15,656+ PIN codes. The company operates a technology-driven platform built on AI-powered routing (Shadowfax Maps), AI fraud detection (Shadowfax Shield), and a crowdsourced delivery network (Shadowfax Gigs) with over 2.6 lakh quarterly delivery partners. Shadowfax serves e-commerce, D2C brands, quick commerce, hyperlocal, and SME segments, having delivered over 1.5 billion parcels. The company completed its IPO on the NSE and BSE in January 2026, raising approximately Rs 1,907 crore. Its proprietary platform Shadowfax 360 provides SMEs and D2C brands with digital shipping capabilities, intelligent routing, automation, and transparency tools. The company maintains a growing fleet of electric vehicles as part of its sustainability focus and operates 4.7 million+ sq. ft. of operational space.

Summary

Shadowfax is a Logistics company based in Bengaluru, India, founded in 2015. It has raised $207.5M in total across 6 rounds, most recently a $95.0M Venture Round round in Jan 2026. Investors include TPG NewQuest, Ratan Tata and Accel.

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Funding History

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IPOJan 2026

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