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Economic Times
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Image Credit: Economic Times
Logistics startup Shadowfax converts to public entity in run-up to IPO
- Logistics startup Shadowfax has converted itself into a public entity in preparation for its IPO.
- Shadowfax plans to file draft papers for its IPO in the next three-four months.
- ICICI Securities, JM Financial, and Morgan Stanley have been appointed as the bankers for the IPO.
- Shadowfax closed a Rs 400 crore funding round, doubling its valuation to around Rs 6,000 crore.
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