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TPG trims Shadowfax stake in ₹115 Cr bulk deal as dark-store push targets 100 by March 2027
TPG sold 40 Lakh Shadowfax shares at ₹287 each in a ₹114.8 Cr bulk deal. Shadowfax raised FY27 revenue growth guidance to 38-40% and plans to grow dark stores from 47 to 100 by March 2027.
Why it matters to operators and investors
Shadowfax plans to take its dark stores from 47 to 100 by March 2027, so retailers and quick-commerce players should expect more of its fulfilment footprint and test it against their current last-mile and micro-fulfilment arrangements.