Gurgaon based hyperlocal delivery services startup for restaurants and retailers , ShadowFax Technologies has raised $9M in Series A funds from Eight Roads.
How would ShadowFax use these new funds?
They use it to scale up its business through expansion into new cities and verticals.
ShadowFax provides restaurants with a technology-driven framework to incorporate features such as automatic rider scheduling, seamless app communication, instant feedback, geo-based tracking, and location-based rider allocation. It claims to have around 35 employees and 350 riders.
Seed Fund - $30,000 - Funded by Snapdeal Founders
Series A - $9mn - Funded by Eight Roads [Sep 2015]
Fidelity International, Kabir narang, IIT startups, pickingo, gojavas, delhivery, zomato,