Why Quick Commerce Is Central To Shadowfax’s Post-IPO Vision

Shadowfax plans to raise up to INR 2,000 Cr ($225 Mn), split evenly between a fresh issue and an offer-for-sale component via IPO

More than half of the proceeds will be channelled into network expansion, with around INR 562 Cr earmarked for building infrastructure and leasing new first and last-mile centres

Quick commerce is where our business growth is. Still nascent, we were able to scale this offering to 50 Lakh orders per day: Shadowfax CEO

Flipkart-backed ShadowFax is positioning itself to become the country’s…