Shadowfax adds 2000+ cities, reaches 14K pincodes this festive season
This expansion has been conducted without any fixed cost addition via a model of franchisee development.
Shadowfax has announced a major increase in its India coverage to 14,000 pincodes. This marks an increase of over 6000 pincodes from January this year which will help Shadowfax serve more than 85 percent of India's population. With the festive season just around the corner, Shadowfax has successfully expanded its network to cover over 2000+ new cities, which is the fastest rate of addition that the industry has ever seen.
This expansion has been conducted without any fixed cost addition via a unique model of franchisee development which has created job opportunities in the T3 and T4 towns of the country. Shadowfax's success in expanding its coverage is mirrored by its remarkable performance in the e-commerce parcel delivery sector. Within just a year, the company's market share has surged from 6% to an impressive 18 percent. With the aim of covering all 20,000 pin codes, Shadowfax is steadfastly working towards its objective of capturing 30 percent of the Indian market share.
Praharsh Chandra, co-founder & chief business officer, Shadowfax expressed his enthusiasm about the company's achievement, saying, "This achievement reflects our dedication to providing accessible, efficient and cost effective logistics solutions to our customers across the length and breadth of India while providing job opportunities to the remotest of towns. We expect this to benefit the e-commerce industry massively with the festive season just around the corner. We intend to continue our momentum to reach 20,000 pincodes over the coming 6 months which will help us cover 100% of India."