What we do Shadowfax Technologies Ltd is a technology-driven third-party logistics company providing comprehensive delivery solutions including express parcels, quick commerce, and specialized critical logistics in India. |
Founded in 2,015 |
Market share Largest 3PL player for same day delivery, quick commerce, and reverse shipments in India with 23% market share as of 2026. |
Problem solved Enables efficient, reliable, and technology-enabled last mile and mid mile logistics to address challenges in timely deliveries and reverse logistics for e-commerce and quick commerce sectors. |
Top clients or who we serve Serves B2B clients primarily including e-commerce giants, quick commerce brands, D2C companies, and on-demand mobility platforms. |
Key management Abhishek Bansal (MD & CEO), Vaibhav Khandelwal (Co-Founder & CTO), supported by a leadership team with strong technology and logistics expertise. |
Our journey and innovations Started in 2015, pioneered India's first Doorstep Quality Check for e-commerce in 2017, launched automated sorting centers and quick commerce delivery, and acquired Criticalog India for high-value shipments. |
Where we operate Operations across India covering over 15,000 pin codes and 4,500+ touchpoints, with expanding presence in metro and tier-1 cities. |
Top products or what we offer Express forward parcels, reverse pickup services, prime same day & next day deliveries, quick commerce hyperlocal deliveries, critical logistics, and mobility solutions. |
Top brands Quick Commerce (largest 3PL segment leader), Prime Delivery, Criticalog (high value logistics), automated sort centers (Gurgaon, Bilaspur, Bengaluru). |
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Recurring vs cyclical contribution Revenue driven primarily by recurring deliveries and logistics contracts, with seasonal spikes during festive periods. |
Our industry position Fastest growing 3PL player in India, leading market share in express parcel and quick commerce deliveries, with strong technology and network moats. |
Financial highlights FY25 revenue of INR 2,485 crore, net profit INR 6.43 crore; Q3 FY26 revenue INR 1,160 crore with 66% YoY growth and improved EBITDA margins. |
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Whats driving growth Growth fueled by e-commerce expansion, quick commerce demand, automation investments, network scale, and technology innovations. |
Our future plans Scale automated sorting centers, expand quick commerce to more cities, enhance critical logistics capacity, and consolidate market leadership. |
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Our people and values Employs over 4,800 permanent and 17,900 contractual staff, emphasizing innovation-led culture and operational efficiency. |
Key challenges ahead Managing scale with operational efficiency, competition from large incumbents, and sustaining technology edge. |
Interesting facts First in India with Doorstep Quality Check; operates one of the largest tech-driven logistics networks with 250,000+ active delivery partners. |
Risks and strategy Mitigates competitive risk via technology integration, network expansion, cost control, and diversification into high-margin services. |
