IPO-bound logistics company Shadowfax has raised INR 34.24 Cr (around $4 Mn) in a Series F funding round from existing investors Mirae Asset and Nokia Growth Partners.
This comes just days after Shadowfax acquired transportation and logistics business CriticaLog India Private Limited to further expand its offerings for an undisclosed amount.
Shadowfax is among the growing list of new-age tech companies looking to go public, planning to raise INR 2,500 Cr to INR 3,000 Cr via its IPO.
In its previous funding round, Shadowfax raised $100 Mn in its Series E round led by TPG NewQuest.