Logistics Firm Shadowfax Acquires CriticaLog To Logistics Operations

Third-party logistics company Shadowfax has acquired CriticaLog, a premium logistics firm, for an undisclosed amount, according to a statement from the company.

The acquisition shows Shadowfax's efforts to enhance its capabilities in the high-value logistics sector.

The company aims to meet increase demand for secure and efficient logistics solutions for high-value goods in india through this acquisition.

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Sujoy Guha, CEO of CriticaLog, said, " We are excited about the merger with Shadowfax. By leveraging their expansive reach and advanced technology capabilities we can bring Criticalog's premium logistics solutions to a wider customer base. This partnership will enable us to not only strengthen our existing relationships but also introduce our critical logistics services to a new and growing audience."

Abhishek Bansal, CEO and Co-founder of Shadowfax, said, "We are thrilled to welcome the exceptional team at CriticaLog into the Shadowfax family. Their expertise in managing high-value product movements with an industry-leading 0% loss rate is unparalleled. This move aligns perfectly with our mission to solve the most challenging last-mile problems in india today. With this acquisition, we are excited to expand our capabilities in delivering high-value items safely and reliably to more pin codes, benefiting our existing clients and opening new opportunities."

Abhishek said that CriticaLog's expertise and strong customer relationships, along with Shadowfax's technology, will help drive further growth.

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Founded in 2013 by Sujoy Guha and Samir Panda, CriticaLog specializes in transporting high-value products like electronics, auto spare parts, jewelleryand pharmaceuticals. The company works with over 400 clients, including multinational corporations.

About Shadowfax

The Bengaluru-based Shadowfax was founded in 2015 by Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra and Gaurav Jaithliya, Shadowfax is planning an IPO worth Rs 3,000 crore later this year, according to media reports. 

The company, which competes with listed companies like Delhivery and startups such as Ecom Express and Shiprocket, became profitable based on adjusted PAT in FY24.

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