Bangalore, February 21, 2022: Shadowfax Technologies, India's leading crowdsourced platform for last-mile deliveries, plans to scale up electrification of its fleet and aims to move to 75% electric vehicles by 2024. It also aims to transition to 100% electric movement by 2026.
This adoption is part of a global effort to make logistics more sustainable with the Zero Pollution CampaignThe commercial EV market is growing with various aspects, including the availability of vehicles, corporate net-zero responsibilities and carbon pricing providing the additional impetus for substantial growth of electrification of last-mile delivery fleets in India.
Shadowfax with its IP technologies has built a platform that is unique and sustainable as it is optimized for various parameters such as vehicle speeds, customer expectations, willingness and ability to pay thus making it the platform of choice for EV partners. It is leading the 2 wheeler market adoption of zero-carbon emission means of last-mile with 30% daily active users of its 100k+ strong crowdsourced platform using cycles, EVs and other eco-friendly means.
Says Abhishek Bansal, Co-founder & CEO, Shadowfax Technologies: "We are thrilled with the expansion of our EV fleet. Shadowfax envisions to ensure that every Indian who is looking for an earning opportunity should be able to do the same by engaging with us. Our team is streamlining the whole process so that people can earn within minutes of logging into the platform. With the EV and E-store initiatives, our target on first-time users and new categories like women partners would be fast-tracked. Additionally, it gives me immense pleasure to be participating in the NITI Aayog project ‘Shoonya- Zero Pollution Mobility,’ which is relentlessly driving the EV agenda.”
Adds Ankit Kala, VP - Operations and Strategy, Shadowfax Technologie: “Being an asset lite platform, we have taken an extensive aggregator-centric approach, where we provide matchmaking between vehicle owners, OEMs, rental models, and delivery partners. Since the launch of these matchmaking services on our e-store, we have seen tremendous interest coming from partners. This is due to a very strong and unique value proposition that we have created. More than 50 lenders, OEMs, and vehicle owners have already registered before the official launch of E-store on our app.”
Bangalore-headquartered Shadowfax is India’s leading on-demand tech-enabled instant logistics platform. Shadowfax is the only Indian B2B2C platform with capabilities to serve multiple end-customer categories - including food delivery, grocery delivery, quick commerce, multi-city e-commerce fulfillment, reverse logistics via a single platform. On the back of a fast-growing base of 100,000+ rider partners, Shadowfax serves over 170 enterprise clients across 700+ cities, delivering over 1 million orders every day. Shadowfax was founded by IIT - Delhi Alumni, Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra and Gaurav Jaithliya in 2015.