Plan To Reach One Million Partners In Next 5 Years
Indian Transport & Logistics News|July - August 2019

Bengaluru-based Shadowfax, started in 2015 with an aim to make instant deliveries a reality in India. At present, the plug-and-play platform caters to 3,500 pin codes across 200 cities and fulfils two lakh orders per day for food, grocery, fashion, pharmacy, furniture, e-commerce, and other sectors. Abhishek Bansal, co-founder & CEO speaks to Shalini Nair on their mission of connecting over a million micro entrepreneurs and suppliers in logistics industry, and expecting to grow 150 percent y-o-y.

Shalini Nair

How are you finding the e-commerce potential in the China market?

We have decided to tap the China market aiming to provide services to e-commerce players shipping their products to India as well as Chinese logistics players, who are looking for an Indian partner. We are in talks with a few Chinese players to collaborate.

We feel that it is a fast-growing segment and we have invested a lot in building proprietary algorithms to provide best quality services which would result in a higher top line for our clients.

How have you optimized your business through the funds received last year?

Our $22 million Series C funding from Mirae Asset Financial Group, Qualcomm Ventures, NGP Capital and Eight Roads Ventures; and another one from IFC last year are being used for a 360-degree scale-up. The funds are going towards physical expansion, building a strong management team and technological capabilities.

Currently, we have crossed the benchmark of two lakh orders per day and growing 150 percent year-on-year.

What are your future expansion plans?

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM INDIAN TRANSPORT & LOGISTICS NEWSView All

Why Is Everyone Afraid To Share Data? GPLS Finds

At the third Global Pharma Logistics Summit 2019 organised by Indian Transport & Logistics News, panelists discussed technological advancements, creation of data, the existence of trust deficit in sharing data, need for educating and building a skilled workforce for better handling of pharma cargo.

4 mins read
Indian Transport & Logistics News
November - December 2019

Toxic Slowdown In Auto Sector, EVs To Disrupt The Market

When festive season sales failed to cheer the auto industry, logistics providers have taken it as an opportunity to utilise this period to create value by streamlining their operations. With the Indian government's ambitious plans of shifting the focus to electric vehicles by 2023, logistics providers are upgrading their capabilities to handle the complex auto parts and developing technology to track the entire supply chain journey.

4 mins read
Indian Transport & Logistics News
November - December 2019

Looking Beyond IMO's Global Sulphur Cap

The IMO's move to introduce a 'global sulphur cap' presents a significant regulatory move aimed at reducing greenhouse emissions and making shipping more environmentally responsible and friendly. We probe how shipping lines are preparing for the big move and the alternatives like LNG, hydrogen, and LEO, a blend of lignin and ethanol.

10+ mins read
Indian Transport & Logistics News
November - December 2019

By 2020 Our Target Will Be 50 Percent Revenue From Exports

Since 1996 Gandhi Automations has been a leader in manufacturing as well as exporting, distributing and installing entrance automation systems and loading bay equipment that are problem free and easy to operate. The company specialises in designing, manufacturing and installing customised products conforming to the highest safety standards complemented with reliability and energy efficiency. Samir Gandhi, Managing Director and Chief Executive Officer, Gandhi Automations, speaks to Indian Transport and Logistics News, about manufacturing, exports, market share and potential growth in this sector over the coming years.

4 mins read
Indian Transport & Logistics News
November - December 2019

Connecting India With Multi-Modal Logistics

Today, logistics cost in India accounts for 13-17 percent of the Gross Domestic Product (GDP) which is nearly double (6-9 percent) the logistics cost to GDP ratio in developed countries such as the US, Hong Kong and France. Much of these escalating costs are due to the absence of efficient intermodal and multimodal transport systems. But with the government giving infrastructure status to the logistics sector, development of multimodal transport networks and initiatives to set up industrial corridors and logistics parks, a massive transformation of the country’s logistics landscape is underway.

8 mins read
Indian Transport & Logistics News
November-December 2019

Reinventing Global Trade Using Blockchain

It is claimed that blockchain could boost global trade by $1 Trillion in 10 years. Discover how Port of Rotterdam is embracing this technology to strengthen its smart logistics and maritime hub.

8 mins read
Indian Transport & Logistics News
September - October 2019

Machine Protection Doors: Protecting People And Enhancing Productivity

Machine protection doors are found in many areas of industrial production - they are required to meet stringent safety requirements.

2 mins read
Indian Transport & Logistics News
September - October 2019

Freightbro Elite- Deliver An Exceptional Freight Forwarding Experience

Freight forwarding has largely remained an industry dictated by inefficiencies due to traditional mandates of conducting business.

5 mins read
Indian Transport & Logistics News
September - October 2019

Driving Into A World Of Opportunities India Auto Show

India Auto Show, organised by NESCO Exhibitions, will be held from October 3-5 at Hall 8 of Bombay Exhibition Center in Mumbai.

2 mins read
Indian Transport & Logistics News
September - October 2019

Digitising Freight Forwarding For A Seamless Supply Chain

FreightBro, a digital platform for freight forwarders and Journal of Commerce (JOC.com), a portal for news about container shipping & logistics have organised the latter's first ‘India Logistics Technology Summit’ on August 22 in Navi Mumbai.

3 mins read
Indian Transport & Logistics News
September - October 2019