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Shadowfax, an e-commerce logistics company, has added three independent directors to its board—Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari. This move aims to strengthen governance, bring industry expertise, and improve operations.
Bijou Kurien has over 35 years of experience in FMCG, retail and consumer goods. He was a key part of Titan Industries and Reliance Retail, helping to build billion-dollar businesses. He now advises private equity funds and startups and serves on multiple corporate boards.
Ruchira Shukla, co-founder and managing partner at Synapses, a venture capital fund focusing on climatetech and healthtech, has 25+ years of experience in venture capital, private equity, strategy consulting, and investment banking in India, the US, and Europe. She previously led tech investments in South Asia at the International Finance Corporation (IFC).
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Pirojshaw Sarkari (Phil), a chartered accountant, is an experienced leader in logistics and supply chain management. He helped establish UPS in India, was CEO of Mahindra Logistics, and led the company’s successful IPO. He also served as CEO of Gati Allcargo.
Shadowfax says that adding these directors will improve governance and help the company stay innovative and focused on operational excellence in India’s growing e-commerce and D2C markets.
Shadowfax, based in Bengaluru, recently raised Rs 34.2 crore (about $4 million) as part of its Series F funding round. The company reported a 33.2% year-on-year growth, reaching Rs 1,415 crore in revenue for the fiscal year ending in March 2024.
About Shadowfax
Founded in 2015 by Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra, and Gaurav Jaithliya, Shadowfax serves a large network of customers, offering fast delivery times at competitive prices. It has a crowdsourced network of 125,000 active delivery partners and 3.5 million registered users.
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