About Carter Porter
Carter Porter is a company based in Bengaluru (India) founded in 2017 by Ramya Reddy.. Carter Porter has raised $1.38 million across 5 funding rounds from investors including Mumbai Angels, Venture Catalysts and Sat Industries. The company has 33 employees as of April 09, 2024. Carter Porter operates in a competitive market with competitors including LUGGX and Floclo, among others.
- Headquarter Bengaluru, India
- Employees 33 as on 09 Apr, 2024
- Founders Ramya Reddy
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Carterporter Private Limited
- Date of Incorporation 07 Feb, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$118.56 K (USD)70.29as on Mar 31, 2022
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Net Profit
$-217.58 K (USD)-161.56as on Mar 31, 2022
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EBITDA
$-195.98 K (USD)-181.25as on Mar 31, 2022
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Total Equity Funding
$1.38 M (USD)
in 5 rounds
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Latest Funding Round
$266.3 K (USD), Seed
Nov 14, 2022
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Investors
Mumbai Angels
& 100 more
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Employee Count
33
as on Apr 09, 2024
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Funding Insights of Carter Porter
Carter Porter has successfully raised a total of $1.38M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $266.3 thousand completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $266,299
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First Round
First Round
(20 Dec 2017)
- Investors Count 101
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Carter Porter | Valuation | Venture Catalysts , Mumbai Angels | |
| Mar, 2022 | Amount | Seed - Carter Porter | Valuation | Ai Primeorganic , Sat Industries | |
| Apr, 2021 | Amount | Seed - Carter Porter | Valuation | Nikhil Vora |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Carter Porter
Carter Porter has secured backing from 101 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, Venture Catalysts and Sat Industries. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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Multi sector focused full-service investment banking firm also offering VC investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Carter Porter
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Carter Porter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carter Porter Comparisons
Competitors of Carter Porter
Carter Porter operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LUGGX and Floclo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides door-to-door luggage collection and airport check-in for hassle-free travel.
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| domain | founded_year | HQ Location |
Offers luggage storage and delivery services for convenient travel needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carter Porter
Frequently Asked Questions about Carter Porter
When was Carter Porter founded?
Carter Porter was founded in 2017.
Where is Carter Porter located?
Carter Porter is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Carter Porter?
Harsha Nellore is the current CEO of Carter Porter.
Is Carter Porter a funded company?
Carter Porter is a funded company, having raised a total of $1.38M across 5 funding rounds to date. The company's 1st funding round was a Seed of $386.92K, raised on Dec 20, 2017.
How many employees does Carter Porter have?
As of Apr 09, 2024, the latest employee count at Carter Porter is 33.
What is the annual revenue of Carter Porter?
Annual revenue of Carter Porter is $118.56K as on Mar 31, 2022.
What does Carter Porter do?
CarterPorter was established in 2017 in Bengaluru, India, within the travel logistics sector. An online platform is operated for users to search, book, pay, and track luggage transportation services to and from airports. Luggage is secured using tamper-proof seals. A mobile app is provided for iOS and Android devices. Baggage check-in and mishandled luggage management services are extended to airlines.
Who are the top competitors of Carter Porter?
Who are Carter Porter's investors?
Carter Porter has 101 investors. Key investors include Mumbai Angels, Venture Catalysts, Sat Industries, JPIN, and Ai Primeorganic.
What is Carter Porter's valuation?
The valuation of Carter Porter is $7.1M as of Nov 2022.