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Wednesday, December 25, 2024

Hyperlocal logistics giant Shadowfax set to expand fleet with 10,000 new delivery partners

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Shadowfax, a last-mile logistics company supported by Flipkart, has announced its intention to recruit 10,000 riders and delivery partners in order to leverage the potential provided by the government-supported Open Network for Digital Commerce (ONDC).

With a presence in over 1,100 cities, Shadowfax operates a nationwide network that caters to prominent e-commerce, food, grocery, and retail enterprises. Each day, the company collaborates with an extensive team of over 50,000 delivery partners to ensure efficient and reliable services.

“The company is committed to further expanding its hyperlocal delivery network and providing better income opportunities to its partners and riders,” said Praharsh Chandra, Co-Founder and Chief Business Officer of Shadowfax, on Monday.

“This support and investment will help strengthen our network, allowing us to improve the quality and reach of delivery services in various cities across India. With the addition of new partners and riders, we hope that Shadowfax can elevate digital and delivery progress to the next level in India,” said Chandra.

To streamline the recruitment process, Shadowfax has established dedicated hiring centers where potential candidates can conveniently join the network within a span of just 10 minutes. This is made possible through the company’s user-friendly Android app, which facilitates quick onboarding and integration into the network.

Shadowfax provides its delivery partners with the opportunity to earn up to INR 40,000 per month. The company also offers comprehensive training programs to enhance their skills and capabilities, enabling them to maximize their earnings potential.

“By referring your friends to deliver with us, you can claim exciting referral bonuses too,” said the company.

Shadowfax boasts a vast network of 150,000 monthly delivery partners who efficiently manage over 1.5 million orders on a daily basis across 10,000 pin codes. The company was established in 2015 by Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra, and Gaurav Jaithliya, all alumni of IIT Delhi.

As of December 2019, Flipkart, the e-commerce company owned by Walmart, announced its strategic minority investment in Shadowfax. This investment was a component of Shadowfax’s Series D funding round, which garnered a total of $60 million. The funding round included contributions from notable investors such as Eight Roads Ventures, Nokia Growth Partners, Qualcomm Ventures, Mirae Asset Naver Fund, and the International Finance Corporation (IFC), backed by the World Bank.

SnackTeam
SnackTeamhttps://snackfax.com
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