Shadowfax

IPO

Best Indian Logistics Company for Express Deliveries

Public · 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
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 7 funding rounds and 5 investors for this company. The full record is or through the API.

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 in Jan 2026. Investors include TPG NewQuest, Ratan Tata and Accel.

Tech & App Stack

4 technologies & apps tracked

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Funding & Exit History

IPOJan 2026

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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