Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Shadowfax to raise ₹2,000 cr via IPO for tech, network growth
short by / on Monday, 28 July, 2025
Bengaluru-based logistics firm Shadowfax plans to raise ₹2,000 crore through an IPO this year. ₹1,000 crore will come from fresh share issuance, and ₹1,000 crore via stake sales by existing shareholders. Founded in 2015, the company will use the funds to expand services, upgrade technology, and strengthen its delivery network amid rising online shopping in India.
read more at Ascendants