Hyperlocal logistics startup ShadowFax Technologies Pvt. Ltd has raised $10 million (Rs 68 crore) in Series B funding led by existing investor Eight Roads Ventures, an investment arm of Fidelity International Ltd. The investment will help Shadowfax build its network, consolidate its market positi…
Tag: ABHISHEK BANSAL
Delivery startups explore additional income streams
With investors turning increasingly cautious, hyperlocal delivery start-ups are exploring additional revenue streams such as advertisements and promotions to try and mitigate the impact of losses incurred by their core offerings. Shadowfax Technologies Pvt. Ltd and Opinio (Moonshots Internet Pvt.…