Avigna, JSA, AZB lead on Shadowfax $22 million fund raise from NGP, Eight Roads & Ors

Hyperlocal delivery start-up Shadowfax Technologies Pvt. Ltd has raised $22 million in a Series C funding round led by NGP Capital (formerly Nokia Growth Partners).

Qualcomm Ventures (the investment arm of Qualcomm Inc.), Mirae Asset Financial Group and existing investor — Eight Roads Ventures, also participated in the investment round.

Avigna Law acted for Shadowfax and the team was led by Partner Kshama Ravikumar.

J. Sagar Associates advised Eight Roads Ventures . . .

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