India: Hyperlocal delivery startup Shadowfax inducts women riders

In an industry first, hyperlocal delivery start-up Shadowfax has inducted women riders to its fleet.

About 50-odd women have started delivering food parcels and e-commerce consignments in select areas of Mumbai and Bengaluru, with the next batch of 20 expected to join by Monday, said Abhishek Bansal, co-founder and chief executive officer at Shadowfax.

This is part of a joint initiative by the Mumbai-based company and Hey Deedee, a social impact start-up that trains underprivileged women for its parcel delivery programme.

Started by social entrepreneur Revathi Roy, Hey Deedee is a non-government organization with the mission to employ low-income group women in the services sector. In March last year, its first fleet of 25 riders took to the roads to deliver for independent restaurants.

Under the arrangement, Hey Deedee will provide training and mentoring to women riders and also source new riders for Shadowfax.

Shadwofax started the pilot with women riders in August last year.

Also read:

India: Shadowfax raises $10m Series B round led by Eight Roads Ventures

India: Hyper-local delivery startup Shadowfax acquires smaller rival Pickingo in cash, stock deal

This story was first published on Livemint

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.