According to documents published on the Securities and Exchange Board of India's (Sebi) website, Flipkart-backed logistics company Shadowfax Technologies has been given the go-ahead to move on with its IPO. In the week ending October 10, Sebi released its comments regarding the company's pre-filed draft. In
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The growth of the e-commerce industry impacted the courier business. Due to more shopping in the eCommerce platform courier business is becoming one of the fastest-growing markets in India nowadays. Courier and delivery companies provide various services starting from the online courier and cargo marketplace and finishing with logistics. There
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Abhishek Bansal, one of the co-founders of Shadowfax, is India’s largest crowd-sourced logistics portal. An IIT Delhi alumni, who recently turned 30, Abhishek has achieved in a few years what others struggle to achieve in a lifetime. Being an innovative and result-driven leader his focus is more on achieving
Prior to its initial public offering (IPO), last-mile delivery firm ShadowFax has appointed Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari as independent directors to its board. The company statement claims that the new additions would improve its governance framework and solidify its place in the changing direct-to-business (D2C) and e-commerce
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The call for digitalization has certainly upped the startup ecosystem and made companies reach out to their target customers with products and services online. Along with the startups and established brands and businesses, the growing digitalization has also been constantly empowering entrepreneurs and other individuals to advertise and broadcast themselves
Uber and Shadowfax have partnered to combine UberMoto, the ride-hailing platform's bike-taxi service, with Shadowfax's two-wheeler fleet. During lean hours of work, two-wheeler riders servicing IPO-bound Shadowfax will have the option to switch to UberMoto and offer bike-taxi services. Uber said in a statement that the