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E-commerce

TPG exits Shadowfax stake via ₹114 crore bulk deal

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TPG exits Shadowfax stake via ₹114 crore bulk deal

Private equity major TPG offloaded more Shadowfax shares through an open-market bulk transaction worth ₹114 crore. The logistics layer is consolidating; builders should assess whether logistics margin compression from competition (Shadowfax, Ecom, Delhivery) justifies building proprietary delivery networks or remaining asset-light.

Source: Inc42 ↗

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