Shadowfax funding: Shadowfax raises $100 million in latest funding led by TPG New Quest
Logistics startup Shadowfax will use the funds to extend its last-mile delivery services to cover 20,000 pincodes across India. The company is looking to include intercity operations in the coming three quarters. Part of the proceeds will be utilised to develop state-of-the-art services for D2C brands and further enhance Shadowfaxs express delivery network, the company said.