Shadowfax Technologies, one of India’s leading logistics and delivery service providers, has filed preliminary papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) comprising a fresh issue worth Rs. 2,000 crore. The Bengaluru-based startup aims to utilize the proceeds to enhance its technology infrastructure, expand operational capacity, and strengthen last-mile delivery capabilities. The IPO filing comes at a time when India’s logistics sector is witnessing rapid digitization and heightened investor interest.
