With the festive season just around the corner, Shadowfax has expanded its network to cover over 2000+ new cities.
The expansion has been conducted without any fixed cost addition via a model of franchisee development which has created job opportunities in tier three and four towns of the country.
Within just a year, the company's market share has surged from 6% to 18%. With the aim of covering all 20,000 pin codes, Shadowfax is working towards its objective of capturing 30% of the Indian market share.
Praharsh Chandra, Co-founder & Chief Business Officer, Shadowfax said in a statement, "We expect this development to benefit the e-commerce industry massively with the festive season just around the corner. We intend to continue our momentum to reach 20,000 pincodes over the coming 6 months which will help us cover 100% of India."
Shadowfax is positioning itself as a key player in the logistics sector – especially the e-commerce parcel delivery sector and aims to redefine the future of e-commerce deliveries in India. Founded in 2015 by a team of IIT-Delhi Alumni, including Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra and Gaurav Jaithliya, Shadowfax wants to revolutionize the e-commerce logistics landscape in the country.
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