Qualcomm Exits Shadowfax with Rs 157 Crore Secondary Stake Sale

13 Oct 2026, 9:59 am · 3h ago · 1 min read · EntrackrNew

Amount

Rs 157 Cr

Stage

Secondary

Qualcomm Ventures has completed its exit from logistics startup Shadowfax Technologies by selling shares worth Rs 157.28 crore through an open-market transaction. Qualcomm Asia Pacific offloaded 57.13 lakh shares, representing a 0.98% stake, at Rs 275.30 per share on the BSE. This follows an August transaction where Qualcomm sold a 1.28% stake for Rs 183.85 crore, taking its total realization to Rs 341 crore. Founded in 2015 by Abhishek Bansal and Vaibhav Khandelwal, Shadowfax reported a net profit of Rs 65.4 crore on revenue of Rs 1,358 crore in Q1 FY27.