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    <title>CCI approves acquisition of certain shareholding of Shadowfax Technologies Private Limited by NewQuest Asia Fund IV (Singapore) Pte. Ltd.</title>
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    <description>The Competition Commission of India approved the acquisition of certain shareholding in Shadowfax Technologies Private Limited by NewQuest Asia Fund IV (Singapore) Pte. Ltd., involving purchase of equity from Eight Roads and other shareholders by a private equity fund managed within the TPG group; Shadowfax operates a crowdsourced, tech enabled logistics platform offering hyperlocal delivery and third party logistics services to e commerce platforms in India, and a detailed CCI order will follow.</description>
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