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Shadowfax Likely To Double Valuation With Fresh Funding

  • Logistics startup Shadowfax is in advanced discussions to raise INR 350-400 Cr in a funding round.
  • The funding round would likely double the company's valuation to around INR 5,500-6,000 Cr.
  • This will be the company's last private funding round before its IPO.
  • The round will see participation from domestic family offices, mutual funds, and HNIs.

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