TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms
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TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms

By Malvika Maloo

  • 02 Dec 2024
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TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms
Abhishek Bansal, co-founder and CEO, Shadowfax

Shadowfax Technologies, a logistics startup backed by private equity firm TPG, turned operationally profitable in the last financial year as it benefited from growth in omnichannel retailers and quick commerce services, a top executive told VCCircle.  The Bengaluru-based startup, which is gearing up for a public listing in the coming year, ......

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