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Economic Times

Shadowfax elevates cofounders Praharsh Chandra, Gaurav Jaithlia to the board

ETtech Praharsh Chandra, Abhishek Bansal and Gaurav Jaithlia, founders, Shadowfax Initial public offering (IPO)-bound hyperlocal logistics startup Shadowfax appointed cofounders Praharsh Chandra and Gaurav Jaithlia to the Board as the company's whole-time Bansal, chief executive officer at Shadowfax, announced the news in a LinkedIn post on Friday. 'I'm thrilled to share that Praharsh Chandra (Chief Business Officer) and Gaurav Jaithlia (Head of Business Strategy) have been appointed as Whole-Time Directors on the Board of Shadowfax," the post read. "Both have played a pivotal role in shaping Shadowfax's journey, and their elevation to the Board is a natural extension of their leadership and impact,' Bansal in 2015 as an on-demand logistics provider for food-delivery platforms, Shadowfax has transitioned to serving ecommerce who served as the chief business officer for nearly three years, and Jaithlia, as head of business strategy, will bring their extensive operational and strategic expertise to the new company has also appointed Dinkar Gupta, former director general of police, Punjab, and National Investigation Agency (NIA), as the non-executive independent director. The development comes after the firm onboarded Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari as independent directors on its board in February this year to enhance its governance framework. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. US tariff hike to hit Indian exports, may push RBI towards rate cuts Is Bajaj Finance facing its HDFC Bank moment? Tata Motors' INR38k crore Iveco buy: Factors that can make investors nervous Trump tariffs: End of road or a new journey ending Russia reliance? Stock Radar: PI Industries stock showing signs of momentum; takes support above 50-DEMA – time to buy? Long-term investing: Volatility, even threats, have limited shelf life; 5 large-caps from different sectors with upside potential of up to 38% These large- and mid-cap stocks can give more than 21% return in 1 year, according to analysts Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus