Shadowfax targets strategic growth: Hires industry seniors

New Delhi: Shadowfax, India's leading logistics player has announced two strategic hires to its leadership team. Praveen Kumar KJ joins as the Chief Financial Officer and Rohit Gupta as the Vice President, Business Development and Strategy at Shadowfax. With these two senior hiring's, the company has signaled its growth intentions for near future.

The company has multiplied its capabilities three-times, since its inception and has projected a 150% year-on-year growth for the next five years. The newly hired leaders will play a crucial role in maintaining Shadowfax's overall growth momentum in the long run.

Praveen brings with him two decades worth of industry experience, 12 of which he spent at OnMobile, prior to joining Shadowfax. With a new CFO, Shadowfax aims to focus on consistency, quality control, business planning along with financial acumen for overall robust growth in the long run.

Before joining Shadowfax, Rohit was a Deputy Director at Myntra where his role included driving the business growth for private brands. Earlier, Rohit has served Mondelez International as Cluster Manager. At Shadowfax, he leads the business development for the e-commerce and hyper-local logistics business.

"Shadowfax is an encouraging startup which every entrepreneur desires to build. My endeavor at this juncture would be to utilize my knowledge and understandings to analyze the company's financial outlook and transparencies and strengthen them for a great future corporate performance. I look forward to working diligently with the core team as we build on the company's strong development and forward momentum", opines Praveen Kumar KJ on his appointment as the Chief Financial Officer.

"I am delighted to join Shadowfax, I look forward to building up transformative technical strategies and inventive digital solutions to facilitate continued support to achieve determined business goals for Shadowfax", said Rohit Gupta, Vice President, Business Development and Strategy.

"It's been fantastic to bring two strong-minded, thorough professionals on board. Both Praveen and Rohit bring with them deep technical knowledge and leadership abilities in their respective roles to help us maintain a steady growth through our next stage of progression and beyond", said Abhishek Bansal, Co-Founder &CEO, Shadowfax.

Shadowfax has recently announced its expansion in China market. By 2021 Shadowfax aims to connect 4 lakh new businesses and Delivery Partners to its platform, up from the current 40,000 connections. Shadowfax services will be available across 5000 pin codes all over India from this year.