India · Series D startup

Who invested in Shadowfax

3 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

InternetLogistics

Valuation: $600M, Oct 2024

Funding summaryUpdated 26 Oct 2026

$38Mraised across 3 rounds since 2016, from 3 sources

$10MSeries B$22MSeries C$6.0MSeries D
Latest round
Series D, $6.0MDec 2019
Led by
Flipkart
Biggest round
$22MSeries C · Aug 2018
Investors
8 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201720182019
$10MSeries B$22MSeries C$6.0MSeries D
First round
Series B, $10M
Dec 2016
Biggest round
$22M
Series C · Aug 2018
Usual gap between rounds
20 months
the median of 2

The rounds

  1. Dec 2019
  2. Aug 2018
    Series C$22M2 new1 returning

    Reported by FinSMEs

  3. Dec 2016
    Series B$10M1 new

    Reported by VCCircle

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series B2016Series C2018Series D2019Eight Roads VenturesFlipkartLInternational Finance CorporationQualcomm VenturesNokia Growth PartnersMirae AssetMirae Asset-Naver FundNGP Capital/ Qualcomm

Everyone who backed them

Eight Roads VenturesVC firm3rounds
FlipkartCorporate VC1round, led 1
Qualcomm VenturesCorporate VC1round
Mirae AssetVC firm1round
Mirae Asset-Naver Fundno record of our own yet1round
NGP Capital/ Qualcommno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Shadowfax as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

NewBuild Venture CapitalVC firmPer its own site
TR CapitalPrivate equityPer its own site

Quick answers about Shadowfax

Who invested in Shadowfax?

Shadowfax's investors include Eight Roads Ventures, Flipkart, International Finance Corporation, Qualcomm Ventures and Nokia Growth Partners, and 3 more on record. Flipkart led its latest round.

How much has Shadowfax raised?

Shadowfax has raised $38M across 3 rounds since 2016.

When did Shadowfax last raise?

Shadowfax's most recent round was a Series D of $6.0M in Dec 2019, led by Flipkart.

What was Shadowfax's biggest round?

Shadowfax's largest round on record is $22M (Series C), in Aug 2018.

Who backed Shadowfax first?

Shadowfax's first round on record, in Dec 2016, was backed by Eight Roads Ventures.

What stage is Shadowfax at?

Shadowfax's latest named round is a Series D, in Dec 2019.

Where is Shadowfax based?

Shadowfax is based in India.

Who led Shadowfax's rounds?

Flipkart led the Series D in 2019.

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In the same sector, and raised in the last eighteen months.

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