News Score: Score the News, Sort the News, Rewrite the Headlines

Shadowfax confirms $100M round to fuel instant delivery push | TechCrunch

Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new funding round as it clocks an yearly growth of 35%. TPG NewQuest led Shadowfax’s Series E financing round, which includes some secondary transactions, the startup said on Tuesday. TechCrunch reported last year that TPG NewQuest was evaluating an investment in Shadowfax. Existing backers including the e-commerce giant Flipkart, Mirae Asset Venture I...

Read more at techcrunch.com

© News Score  score the news, sort the news, rewrite the headlines