Shadowfax Secures $100 Million in TPG-Led Funding Round

01 Mar 2024 CW Team

In a testament to its robust growth trajectory, Shadowfax, a prominent player in the logistics sector, has successfully raised $100 million in a funding round led by TPG. This infusion of funds signifies a vote of confidence from investors and positions Shadowfax to further strengthen its presence in the dynamic and competitive logistics market.

The funding round, spearheaded by TPG, highlights the strategic importance of Shadowfax in the logistics ecosystem. As the company continues to innovate and expand its service offerings, the substantial investment is expected to propel its market presence and contribute to the development of cutting-edge logistics solutions.

Shadowfax has emerged as a key player in the logistics and last-mile delivery segment, leveraging technology to streamline operations and enhance efficiency. The $100 million funding injection is poised to accelerate its expansion plans, enabling the company to meet the escalating demands for reliable and tech-driven logistics services.

With TPG at the forefront of this funding round, Shadowfax aims to capitalise on the momentum and solidify its position as a market leader. The substantial financial backing not only underscores the confidence in Shadowfax's business model but also signals a promising future for the logistics industry as it continues to evolve in response to the changing dynamics of consumer demands and technological advancements.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..