Shadowfax elevates cofounders Praharsh Chandra, Gaurav Jaithlia to the board

Initial public offering (IPO)-bound hyperlocal logistics startup Shadowfax appointed cofounders Praharsh Chandra and Gaurav Jaithlia to the Board as the company’s whole-time directors.

Abhishek Bansal, chief executive officer at Shadowfax, announced the news in a LinkedIn post on Friday.

“I’m thrilled to share that Praharsh Chandra (Chief Business Officer) and Gaurav Jaithlia (Head of Business Strategy) have been appointed as Whole-Time Directors on the Board of Shadowfax," the post read.


"Both have played a pivotal role in shaping Shadowfax’s journey, and their elevation to the Board is a natural extension of their leadership and impact,” Bansal added.

Founded in 2015 as an on-demand logistics provider for food-delivery platforms, Shadowfax has transitioned to serving ecommerce clientele.

Chandra, who served as the chief business officer for nearly three years, and Jaithlia, as head of business strategy, will bring their extensive operational and strategic expertise to the new role.

The company has also appointed Dinkar Gupta, former director general of police, Punjab, and National Investigation Agency (NIA), as the non-executive independent director.

The development comes after the firm onboarded Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari as independent directors on its board in February this year to enhance its governance framework.