Shadowfax raises $100 million from TPG NewQuest, Flipkart and others | Start Ups – Business Standard

Shadowfax, the logistics firm, said it has closed its Series E funding round, securing $100 million in investments. TPG NewQuest led the round, with participation from existing investors, including Mirae Asset Venture Investments (India), Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital.

Eight Roads Ventures, the company’s first institutional investor having invested in Shadowfax’s…