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While the exact size of the public issue is yet to be confirmed, the company’s board, in June, approved the proposal to raise up to INR 2,000 Cr through the IPO
The company is expected to seek a post-IPO valuation of around INR 8,500 Cr (about $965 Mn), up over 40% from the INR 6,000 Cr valuation after its February 2025 funding round
With this, Shadowfax bids to become the third listed logistics new-age tech company after Delhivery and Blackbuck
The Securities and…
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While the exact size of the public issue is yet to be confirmed, the company’s board, in June, approved the proposal to raise up to INR 2,000 Cr through the IPO
The company is expected to seek a post-IPO valuation of around INR 8,500 Cr (about $965 Mn), up over 40% from the INR 6,000 Cr valuation after its February 2025 funding round
With this, Shadowfax bids to become the third listed logistics new-age tech company after Delhivery and Blackbuck
The Securities and…
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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