TPG Sells More Shadowfax Shares in ₹114 Crore Bulk Deal as PE Exit Deepens
Private equity major TPG has pared its stake in logistics and supply-chain platform Shadowfax through another open-market transaction worth about ₹114 crore, extending a broader monetisation trend in one of India’s better-known startup-backed listed names. The sale underscores how late-stage investors are increasingly using public markets and block trades to crystallise returns as the company’s ownership structure evolves.
