Logistics firm Shadowfax has announced that it will strengthen its technology team by hiring more than 50 technology experts and senior professionals. These hiring will be carried out in the span of next 2 years.
This development has come barely a week after media was flushed with reports that Flipkart is planning to start its hyperlocal…
After months of speculations, Flipkart has finally led a $ 60 Mn funding round in popular logistics startup Shadowfax. Media reports were rife since August that Walmart owned company has signed a term sheet to pump $ 40 -50 Mn funds in the Bengaluru headquartered logistic firm. Techpluto had also covered a story on its…
India’s home grown e-commerce giant Flipkart is closing on $40 Mn investment in the logistic startup Shadowfax, according to people privy with the matter. The deal will most probably propel the Bengaluru based logistic startup’s market valuation to nearly $200 Mn.
Shadowfax co-founders (Left Mr Vaibhav Khandelwal Right Mr.Abhishek Bansal)
According to the sources, Flipkart has already…
Shadowfax, India’s leading logistics player, is set to mark its footprints into the China market. The company is primarily looking to provide services to e-com players shipping their products to India as well as Chinese logistics players looking for an Indian partner. The company aims at setting up its China office by the end of…
Shadowfax co-founders (Left Mr Vaibhav Khandelwal Right Mr.Abhishek Bansal)
Shadowfax made relatively late entry in the last mile delivery space, but this hardly proved to be a deterrent in its path to success. Founded in 2015 by two IIT Delhi alumni - Abhishek Bansal & Vaibhav Khandelwal - Shadowfax has posted stellar growth in short…
