News: Shadowfax announces strategic hires to its leadership team, Praveen Kumar KJ named CFO

#Appointments

Shadowfax announces strategic hires to its leadership team, Praveen Kumar KJ named CFO

The newly hired leaders will play a crucial role in maintaining Shadowfax’s overall growth momentum in the long run as the company targets a 150% year-on-year growth for the next five years.
Shadowfax announces strategic hires to its leadership team, Praveen Kumar KJ named CFO

Logistics player Shadowfax has announced two strategic hires to its leadership team. Praveen Kumar KJ joins as the Chief Financial Officer and Rohit Gupta as the Vice President, Business Development and Strategy at Shadowfax. The newly hired leaders will play a crucial role in maintaining Shadowfax’s overall growth momentum in the long run as the company targets a 150% year-on-year growth for the next five years.

Abhishek Bansal, Co-Founder & CEO, Shadowfax stated, “It’s been fantastic to bring two strong-minded, thorough professionals on board. Both Praveen and Rohit bring with them deep technical knowledge and leadership abilities in their respective roles to help us maintain a steady growth through our next stage of progression and beyond.”

Praveen brings with him two decades worth of industry experience, 12 of which he spent at OnMobile, prior to joining Shadowfax. With a new CFO, Shadowfax aims to focus on consistency, quality control, business planning along with financial acumen for overall robust growth in the long run.

On his appointment, Praveen stated, “Shadowfax is an encouraging startup which every entrepreneur desires to build. My endeavor at this juncture would be to utilize my knowledge and understandings to analyze the company's financial outlook and transparencies and strengthen them for a great future corporate performance. I look forward to working diligently with the core team as we build on the company's strong development and forward momentum.”

Meanwhile, prior to joining Shadowfax, Rohit was a Deputy Director at Myntra where his role included driving the business growth for private brands. Earlier, Rohit has served Mondelez International as Cluster Manager. At Shadowfax, he leads the business development for the e-commerce and hyper-local logistics business.

Based out of Bengaluru and a brainchild of two IIT Delhi alumni, Shadowfax started in 2015 and has recently announced its foray in China market. By 2021, Shadowfax aims to connect 4 lakh new businesses and Delivery Partners to its platform, up from the current 40,000 connections and aims to deliver 15 Lakh+ orders per day by 2021. Shadowfax services will be available across 5000 pin codes all over India from this year.

Topics: #Appointments, Leadership

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