Shadowfax To Add 85 Dark Stores, Expand Network To 100 In FY27
India, May 14 -- Logistics major Shadowfax plans to scale its dark store network to 100 stores from the current 15 in FY27 as it eyes the next phase of growth from same-day delivery, D2C brands, and hyperlocal commerce.
In its Q4 earnings call, the company's management noted that vertical marketplaces, around 6-7 of which it services, are providing good profitability due to their dependence on third-party logistics (3PL).
"We have learned from our pilots that vertical quick commerce platforms offer significantly higher value per engagement than horizontal fulfillment. Capital is also very limited for these. We believe vertical quick commerce is going to have 3PL as the natural answer," the company said.
Shadowfax will target a 7 km rad...
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