Shadowfax files confidential IPO papers to raise ₹2,000–2,500 cr, valuation pegged at ₹8,500 cr: Sources

The move comes just three months after the company transitioned into a public entity. Shadowfax is likely to contribute an estimated ₹1,000–1,500 crore in fresh capital to the ₹4,000 crore pipeline of new-age companies tapping the primary markets.

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