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Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new Shadowfax, one of the largest logistics service providers in India, has raised $100 million in a new funding round led by TPG NewQuest.
Shadowfax, a prominent logistics service provider for hyper-local and on-demand delivery businesses in India, recently secured $100 million in a new funding round amid a 35% annual growth rate.According to a Tuesday startup announcement, TPG NewQuest served as the lead investor in Shadowfax’s Series E financing round, which included secondary transactions. Last year, it was …
India's newest unicorn Zepto has set its sights on an ambitious sales target, CEO Aadit Palicha said during The Economic Times Startup Awards 2023 (ETSA).
Startups in India have already laid off about 9,400 employees during the January-March period. However, the funding winter that is continuing will force them to lay off more employees in the coming months. This data has been curated by Careernet, reported by Economic Times. -- aaa
India’s SVC Co-Operative Bank reassures depositors it has no connections whatsoever to the imploding Silicon Valley Bank (SVB) of California.