Shadowfax on Wednesday announced an increase in its India coverage to 14,000 pincodes. This marks an increase of over 6000 pincodes from January this year which will help the company serve more than 85% of India's population.
With the festive season just around the corner, Shadowfax has expanded its network to cover over 2000+ new cities.
The expansion has been conducted without any fixed cost addition via a model of franchisee development which has created job opportunities in tier three and four towns of the country.
Within just a year, the company's market share has surged from 6% to 18%.
With the aim of covering all 20,000 pin codes, Shadowfax is working towards its objective of capturing 30% of the Indian market share.
Praharsh Chandra, Co-founder & Chief Business Officer, Shadowfax said in a statement, «We expect this development to benefit the e-commerce industry massively with the festive season just around the corner. We intend to continue our momentum to reach 20,000 pincodes over the coming 6 months which will help us cover 100% of India.»
Shadowfax is positioning itself as a key player in the logistics sector – especially the e-commerce parcel delivery sector and aims to redefine the future of e-commerce deliveries in India.