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Irrational pricing unlikely in third-party logistics even as ecommerce growth improves: Delhivery’s Sahil BaruaDelhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite pro...
Shadowfax eyes 30% growth in FY27, bets big on dark stores, Qcommerce pushThe logistics startup plans to increase its dark store count to 100 from 15 currently in FY27 as it scales what it describes as "vertical q...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
Shadowfax Q4 Results: Co reports Rs 56 crore profit, revenue up 74%Revenue for the quarter under review grew nearly 73.73 per cent year-on-year (YoY) to Rs 1,237 crore from Rs 712 crore a year ago, Shadowfa...
Shadowfax operating revenue up 74% YoY in Q4, posts net profit of Rs 56 croreNew-age logistics firm Shadowfax saw its operating revenue surge 74% year-on-year to Rs 1,237 crore in Q4FY26. The company achieved a net p...
ETtech In-depth: Amazon’s quick commerce blitz rattles Blinkit’s playbookAmazon's aggressive 10-minute delivery push is intensifying competition in India's quick commerce market, putting pressure on leader Blinki...
Shadowfax clocks five-fold jump in net profit in Q3, revenue up 65%Logistics firm Shadowfax reported a five-fold jump in net profit to Rs 35 crore for the December quarter of FY26. Operating revenue grew 65...
Shadowfax Technologies IPO Day 3 ends with 2.7x subscription. Check latest GMPShadowfax Technologies’ Rs 1,907-crore IPO closed with 2.72x subscription, driven largely by strong retail demand. However, the grey market...
Shadowfax Technologies IPO Day 2: Issue sees 58% subscription so far. Check latest GMP and should you apply?Shadowfax Technologies’ Rs 1,907-crore IPO saw 58% subscription on Day 2, driven mainly by strong retail demand, while institutional intere...
Shadowfax Technologies IPO Day 1 Update: Subscribed 15%, GMP indicates 6% listing gains. Should you invest?Shadowfax Technologies’ IPO opened with 15% subscription on Day 1, driven by strong retail interest. Grey market premium suggests a 6% list...
Shadowfax IPO opens for bidding. Check GMP, brokerages review, subscription and other detailsShadowfax Technologies' Rs 1,907-crore IPO opens Tuesday, aiming to tap into India's e-commerce growth. The logistics firm, valued at Rs 7,...
Shadowfax set to go public amid changing logistics landscapeThe third-party logistics (3PL) player is eyeing a valuation of Rs 7,169 crore, down from its earlier target of Rs 8,500-9,000 crore. The i...
IPO Calendar: Shadowfax among 4 IPOs worth Rs 2,066 crore to hit the market; Bharat Coking Coal to lead 7 listingsIndia’s primary market gears up for a busy week as four IPOs seek ₹2,066 crore, led by Shadowfax Technologies. Strong subscription buzz aro...
Shadowfax IPO opens next week; GMP indicates 12% listing gain. Check key details hereShadowfax Technologies is set to launch its Initial Public Offering (IPO) with a total issue size of Rs 1,907.27 crore. The offering consis...
Shadowfax Technologies IPO: GMP signals positive listing outlook after price band announcementShadowfax Technologies' upcoming IPO is generating positive buzz, with grey market premiums indicating a strong listing. The logistics prov...
IPO-bound Shadowfax posts 114% net profit surge in H1FY26The logistics platform’s net profit jump came on the back of strong revenue growth. Operational revenue also rose 68% to Rs 1,072 crore.
Logistics startup Shadowfax converts to public entity in run-up to IPOShadowfax has appointed ICICI Securities, JM Financial and Morgan Stanley as the bankers for its public offering. In 2023-24, Shadowfax swu...
Shadowfax Technologies swings to profit in FY24 with adjusted PAT at Rs 2 croreShadowfax Technologies has achieved an adjusted profit after tax of Rs 2 crore in FY24, reversing a previous Rs 123.8 crore loss. Revenue r...
EBITDA, PAT profitability achieved with 33% growth in FY24: ShadowfaxShadowfax Technologies has diversified its revenue streams, focusing on value-added services like Prime solutions, Quick Commerce, and more.
Shadowfax raises $100 million in latest funding led by TPG New QuestLogistics startup Shadowfax will use the funds to extend its last-mile delivery services to cover 20,000 pincodes across India. The company...