Shadowfax Technologies, a crowdsourced third-party logistics platform offering last-mile delivery, has announced that Praharsh Chandra, one of the co-founders, will now be moving to a new role as the chief business officer (CBO) at the organisation. 

Chandra has been the chief architect in building Shadowfax’s current network capabilities and expanding operations. With the new restructuring, Chandra is now responsible for devising growth strategies for all the current business lines and diversifying the current business portfolio, the company said in a statement.

"Praharsh has established operational efficiencies and best-in-class customer experience at Shadowfax solving many difficult problems over the years, helping us come up with unique services for our clients. His current role will be crucial in driving the growth agenda for our organisation in the years to come. I am confident that under Praharsh's leadership, our organisation will be able to achieve its growth vision and scale 10-fold by 2025,” said Abhishek Bansal, co-founder and CEO, Shadowfax Technologies.

 “Shadowfax has been on a fast-paced growth trajectory and the past 2-3 years have been tremendous for us business-wise. We are now clocking almost 2 million orders on our peak days. It has been a pleasure and delight to be a part of this rocket ship journey from scratch. We are a unique mix of hyperlocal, hub and spoke logistics models under one roof. I am excited to work with the team and expand our services to each and every business – big or small - in the coming years,” added Chandra.

Chandra has previously worked with companies like Hindustan Unilever and A T Kearney.