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

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SUMMARY

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…



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


SUMMARY

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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