Shadowfax buys CriticaLog, strengthens high-value logistics services
CriticaLog has a strong reputation in the transportation of electronics, automobile spare parts, jewellery and pharma.
(From left): Sujoy Guha, CEO, CriticaLog and Abhishek Bansal, CEO and Co-Founder, Shadowfax.
Shadowfax has announced the full acquisition of CriticaLog, a premium logistics firm specialising in bespoke critical logistics solutions. The terms of the deal remain undisclosed.
"The acquisition marks a strategic milestone for Shadowfax, reinforcing its position as a market leader in value-added logistics services. Over the years, Shadowfax has developed a wide range of value-added services alongside its core express parcel or forward logistics business. With this acquisition, Shadowfax is set to further expand its offerings by introducing comprehensive and customisable high-value item delivery services across India," says an official release from Shadowfax.
Abhishek Bansal, CEO and Co-Founder, Shadowfax says: "We are thrilled to welcome the exceptional team at CriticaLog into the Shadowfax family. Their expertise in managing high-value product movements with an industry-leading zero percent loss rate is unparalleled. This move aligns perfectly with our mission to solve the most challenging last-mile problems in India today. With this acquisition, we are excited to expand our capabilities in delivering high-value items safely and reliably to more pin codes, benefiting our existing clients and opening new opportunities."
Sujoy Guha, CEO, CriticaLog adds: "We are excited about the merger with Shadowfax. By leveraging their expansive reach and advanced technology capabilities, we can bring CriticaLog's premium logistics solutions to a wider customer base. This partnership will enable us to not only strengthen our existing relationships but also introduce our critical logistics services to a new and growing audience."
Shadowfax’s distribution network currently handles over two million packages daily. CriticaLog has established a strong reputation for the transportation of high-value products such as electronics, automobile spare parts, jewellery and pharmaceuticals, the release added.
