Flipkart Plans ₹700+ Crore Stake Sale in Shadowfax
The planned stake sale by Flipkart in logistics firm Shadowfax, valued at approximately ₹700-750 crore, marks the e-commerce giant’s second monetization of this investment . This move is part of a deliberate strategy to unlock value from its portfolio, aligning with broader preparations for its own public listing . For Shadowfax, the transaction occurs as it continues to solidify its position as a key player in India’s rapidly evolving last-mile delivery ecosystem .
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