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SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED

Porter

U74999MH2014PTC306120

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees1556
  • Founded Year 2014
  • Company StagePrivate Limited Company
  • Total Funding₹1,094.7 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Porter

Porter is India's one of largest marketplace for Intra-City Logistics. Leader in the country's $40 billion intra-city logistics market, Porter strives to improve the lives of 1,50,000+ driver-partners by providing them with consistent earning & independence. Currently, the company has serviced 5+ million customers across 12 cities in India - Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Ahmedabad, Pune, Surat, Kolkata, Jaipur, Lucknow, Coimbatore.

Porter helps companies with last-mile & first-mile deliveries. It also provides multiple support solutions such as on-demand transportation, real-time visibility, supply chain management and has helped businesses improve efficiency & save on logistics costs.

Business Model

The Mumbai-based company provides a full stack logistics platform to help businesses optimize their last-mile delivery operations. Porter is one of the only logistics models that is 100% asset light and has a negative working capital cycle.

Top Competitors
DE
DelhiveryL63090DL2011PLC221234
XP
XpressbeesU74999PN2015PTC156176
PR
ProzoU72200HR2014PTC052701
RI
RivigoU74999HR2014PTC053030
FR
FrieghtifyU74999TN2016PTC112794
Porter Funding Details
Funding Highlights
Latest Funding RoundSeries E
Total Funding Raised₹1,094.7 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • Mahindra, Sequoia Capital, Tiger Global, Lightrock
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
Porter Financial Details
Financial Highlights
FY 2023-24 Revenue₹2,766.43 Cr
FY 2023-24 Expenses₹2,862.15 Cr
FY 2023-24 Profit/Loss-₹95.72 Cr
Net Cash Flow From Operations-₹96.71 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
Porter Key People
People Metrics
Current Core Team3
Board Members/Directors6

Core Team

UD
Uttam DiggaCo-Founder
PG
Pranav Goel Co-Founder & CEO
VC
Vikas ChoudharyCo-Founder

Board Members/Directors

PG
Pranav Goel Wholetime Director
UD
Uttam Digga Wholetime Director
MB
Manoj BhatDirector
AA
Amrita AgarwalDirector
VR
Vaidhehi RavindranDirector
SL
Shailesh LakhaniNominee Director
Porter Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

Profit and loss statement - Porter - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Porter for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Porter - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Porter for FY 2023-24
₹249.00 ₹498.00

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