STARTUP WATCH6 min read
TPG Exits Shadowfax with ₹301 Cr Bulk Deal: What it Means for India's Logistics Tech & Startup Ecosystem
Global PE firm TPG Growth has offloaded its entire stake in Indian logistics tech giant Shadowfax for ₹301.6 Cr, marking a significant exit and signaling evolving investor confidence in the booming Indian last-mile delivery sector. This transaction reshapes Shadowfax's cap table and underscores the