Wednesday, 28 January, 2026
Shadowfax Shares Slump During Market Debut Over Client Concentration Risks
Indian logistics startup Shadowfax witnessed a disappointing stock market debut, with shares slipping significantly on listing day. Investor sentiment was dampened by concerns regarding the company's heavy reliance on a few major clients for revenue. Despite its strong position in the quick-commerce and e-commerce delivery sectors, the concentration risk has sparked caution among traders.
Read full story at TechCrunch