Last updated: Apr 4, 2024
- Brand NamePorter
- HeadquarterBengaluru
- No. of Employees1556
- Industry
Logistics/Supply Chain
- Founded Year 2014
- Company StatusActive
- Highlights
- Total Funding₹1094.80 Cr
- Funding Rounds9
- FY 2022-23 Revenue₹1789 Cr
- FY 2022-23 Loss-₹174.58 Cr
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, Ahm.....
Business Model of Porter
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.
Key People/Management
Show allUD
Uttam DiggaCo-Founder
PG
Pranav Goel Co-Founder & CEO
PG
Pranav Goel Wholetime Director
UD
Uttam Digga Wholetime Director
MB
Manoj BhatDirector
AA
Amrita AgarwalDirector
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Latest News
- Porter crosses Rs 1,753 Cr revenue in FY23, losses surge 43%Aug 30, 2023
- Porter’s scale crosses Rs 800 Cr in FY22Feb 16, 2023
- Porter announces ESOP liquidation program worth $5 MnJan 21, 2022
- Porter raises Rs 750 cr from Tiger Global, others; valued at Rs 3,750 crOct 25, 2021
- Porter doubles revenue to Rs 274 Cr; losses leap 2.5X to Rs 104 CrNov 16, 2020
- B2B logistics marketplace Porter bags Rs 50 Cr from Mahindra GroupApr 4, 2018
- With 1.5 Mn booking logistics marketplace Porter to expand to 15 new citiesJul 5, 2017
- Online aggregator for last-mile logistics Porter raises $5.5M from Sequoia, Kae and othersJun 25, 2015