Shadowfax Technologies, a Bengaluru-based logistics services provider backed by Flipkart and TPG, has filed an updated DRHP with SEBI to raise up to Rs 2,000 crore through an IPO.
MUMBAI: The Bengaluru-based technology-driven logistics services provider Shadowfax Technologies, which is backed by the ...
Shadowfax Technologies plans a ₹2,000 crore IPO with SEBI, including ₹1,000 crore OFS by Flipkart and IFC. Funds will support logistics expansion, branding, and new infrastructure investments.
The company proposed to issue fresh shares worth Rs 1,000 crore, while investors and others will be selling their shares worth Rs 1,000 crore via offer-for-sale.
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