Bengaluru logistics startup Shadowfax raises $22 million
Bengaluru-based e-commerce and hyperlocal B2B logistics startup Shadowfax has raised $22 million in Series C funding. The round was led by Nokia Group Partner (NGP) Capital with participation from Qualcomm Ventures, Mirae Asset, and existing investor Eight Roads Ventures. Founded in 2015, the startup offers delivery services across categories including grocery, food, fashion, and electronics.