IPO-Bound Shadowfax Nets INR 34 Cr In Series F Funding Round

While Mirae Asset invested INR 17.44 Cr, Nokia Growth Partners infused INR 16.79 Cr in Shadowfax’s latest funding round

The logistics company is looking to raise INR 2,500 Cr to INR 3,000 Cr through its IPO

IPO-bound Shadowfax reported a net loss of INR 11.8 Cr in FY24 on operating revenue of INR 1,884.8 Cr

IPO-bound logistics company ShadowFax has raised INR 34.24 Cr (around $4 Mn) in a Series F funding round from existing investors Mirae Asset and Nokia Growth Partners.

The board of Shadowfax passed a special…