India-based B2B logistics network Shadowfax raises $60M Series D from Flipkart, others, bringing its total raised to $100M, sources say at a valuation of ~$250M (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
India-based B2B logistics network Shadowfax raises $60M Series D from Flipkart, others, bringing its total raised to $100M, sources say at a valuation of ~$250M  —  Walmart's Flipkart has backed Indian startup Shadowfax in a new $60 million financing round as the retail giant works to strengthen its logistics network in the nation.