Flipkart is in the process of investing about $40 million in Indian logistics startup Shadowfax while LenDenClub has raised $1 million in a pre-Series A funding round.
Flipkart eyes Shadowfax
Walmart-led Flipkart is in the process of investing about $40 million in Indian logistics startup Shadowfax to further boost its last-mile delivery service ahead of the festive season.
