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DIPTAB VENTURES PRIVATE LIMITED

LetsTransport

U74999HR2015PTC055197

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: May 22, 2025
Key Metrics
  • No. of Employees608
  • Founded Year 2015
  • Company StagePrivate Limited Company
  • Total Funding₹725.94 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About LetsTransport
LetsTransport was founded in 2015 by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi, and Ankit Parasher. It is a series-B funded, last-mile tech-logistics solution provider for intra-state deliveries based in Bangalore. It offers reliable, affordable, and professional services, structured to serve enterprises. LetsTransport aggregates light commercial vehicles for urban logistics and has onboarded 100,000+ truckers on its platform across 20+ cities. LetsTransport works across industry sectors like organized retail, FMCG and e-commerce, distribution and 3PL companies. Some of its clients include Amazon, Flipkart, Bisleri, Vishal Mega Mart, Future Supply Chain, Coca-Cola, Delhivery, and Udaan. The company offers customized logistics solutions for clients, along with other value-added services such as screened drivers, audited and GPS-enabled vehicles, point-to-point billing, status updates, 24x7 service, and greater efficiency, all at transparent and economical pricing. LetsTransport, as a brand, is known as one of the market leaders in the enterprise segment, and first movers to identify and empathize with the underserved urban trucker community, playing a huge role in making them a part of the mainstream economy. This series-B funded tech-logistics company aims to disrupt the primitive $35bn+ urban-logistics industry by leveraging technology and help enterprises to reach consumers faster. LetsTransport is India's largest enterprise urban-logistics provider in India, with 100,000+ Light Commercial Vehicles on its platform.
Business Model

LetsTransport is an enterprise-focused logistics marketplace for intra-cities delivery. It operates on an asset-light model and allocates delivery to a network of aggregated trucks and enables intra-city logistics for large enterprises, supply chain companies and local retailers.

Top Competitors
DE
DelhiveryU63090DL2011PLC221234
EE
Ecom ExpressU63000DL2012PLC241107
SH
ShiprocketU72900DL2011PTC225614
BL
BlackbuckU63030KA2015PTC079894
XP
XpressbeesU74999PN2015PTC156176
LetsTransport Funding Details
Funding Highlights
Latest Funding RoundSeries E
Total Funding Raised₹725.94 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors4
Investors
  • Bertelsmann, Rebright Partners, NB Ventures, GMO Ventures Partners
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
LetsTransport Financial Details
Financial Highlights
FY 2022-23 Revenue₹717.53 Cr
FY 2022-23 Expenses₹870.53 Cr
FY 2022-23 Profit/Loss-₹152.99 Cr
Net Cash Flow From Operations-₹71.39 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
LetsTransport Key People
People Metrics
Current Core Team4
Board Members/Directors4

Core Team

PS
Pushkar SinghCo-Founder & CEO
SR
Sudarshan Ravi Jha Co-Founder & CPO
PP
Prateek PujariCOO
PR
Parijat RathoreCTO

Board Members/Directors

TK
Tej Kapoor Nominee Director
RS
Rohit SoodNominee Director
SR
Sudarshan Ravi Jha Director
PS
Pushkar SinghDirector
LetsTransport Documents

AY - 2018-19

Profit and Loss statement - LetsTransport - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of LetsTransport for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - LetsTransport - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of LetsTransport for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - LetsTransport - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of LetsTransport for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - LetsTransport - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of LetsTransport for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - LetsTransport - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of LetsTransport for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - LetsTransport - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of LetsTransport for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - LetsTransport - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of LetsTransport for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - LetsTransport - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of LetsTransport for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - LetsTransport - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of LetsTransport for FY 2022-23
₹249.00 ₹498.00
Balance sheet - LetsTransport - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of LetsTransport for FY 2022-23
₹249.00 ₹498.00

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