Flipkart, Eight Roads Offload Shadowfax Shares Worth ₹1,654 Cr In Bulk Deal

•Flipkart and Eight Roads Ventures offloaded Shadowfax shares worth ₹1,654.4 Cr through bulk deals.

•Flipkart sold 3.37 Cr shares at ₹204.45 apiece, raising ₹690 Cr, while Eight Roads sold 4.7 Cr shares across two deals worth ₹964.4 Cr.

•The transactions mark another partial exit by early investors following Shadowfax's public listing and profitable FY26.

•Shadowfax reported a 69.1% revenue increase and turned profitable with a net profit of ₹112 Cr in FY26.