Shadowfax Gets $300,000 Funding from Snapdeal, Limeroad Founders

New Delhi: The Gurgaon-based start-up Shadowfax on Monday said it has received an angel funding of $300,000 (about Rs 1.95 crore) from Snapdeal co-founders Kunal Bahl and Rohit Bansal, Zishaan Hayath of Powai Lake Ventures and Limeroad's Prashant Malik. The on-demand hyperlocal merchant delivery services provider launched its services in May this year and processes about 3,000 orders a day. Some 120-150 outlets are currently utilisi...