India's fastest-growing third-party logistics (3PL) company, uniquely serving both end-to-end e-commerce delivery and last-mile delivery for quick commerce and hyperlocal services.
Shadowfax Technologies Limited is India's fastest-growing third-party logistics (3PL) company of scale, having expanded its e-commerce shipment market share from ~8% in FY22 to ~23% in H1 FY26. The company uniquely serves both end-to-end e-commerce delivery AND last-mile delivery for quick commerce, food delivery, and hyperlocal services. With 436M orders processed in FY25, 205K+ gig delivery partners, 14,758 PIN codes served, and a turnaround from -7.18% EBITDA margin (FY23) to +2.86% (H1 FY26), Shadowfax offers a compelling growth story in India's booming digital commerce logistics market.
Comprehensive analysis of Shadowfax's logistics network, market share evolution (~8% to ~23%), quick commerce positioning, profitability turnaround, competitive landscape vs Delhivery and Blue Dart, and IPO considerations.