Shadowfax, a hyperlocal logistics start-up gearing up for an IPO, has recently appointed three independent directors to its board. Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari join the company to enhance its governance framework and focus on operational excellence and innovation, according to a statement released by Shadowfax.
With over 35 years of experience in FMCG, consumer durables, and retail, Bijou Kurien was a founding member of Titan Industries and Reliance Retail. He currently advises private equity funds and start-ups, and sits on several listed and unlisted corporate boards. Kurien expressed his excitement about contributing to Shadowfax’s growth and impact on last-mile delivery, noting the company’s transformation of the logistics sector through technology and operational excellence.
Ruchira Shukla, Co-Founder and Managing Partner at Synapses, brings over 25 years of experience in venture capital, private equity, strategy consulting, and investment banking across India, the US, and Europe. Abhishek Bansal, Co-Founder and CEO of Shadowfax, emphasized the valuable industry experience and strategic insights that Kurien, Shukla, and Sarkari bring to the company as it continues to lead the logistics sector.
Founded in 2015 by IIT Delhi alumni, Shadowfax currently operates in over 2,500 cities across 18,000 pin codes, serving e-commerce firms and direct-to-consumer brands. Last year, the company raised $100 million in a round led by growth investor TPG NewQuest, marking a significant milestone in its journey towards redefining third party logistics (3PL) in India.
The appointments of Kurien, Shukla, and Sarkari highlight Shadowfax’s commitment to strengthening its governance and operational framework, as it continues to innovate and grow in the competitive logistics sector.
