About Carter Porter
Carter Porter is a Travel & Hospitality company based in Bengaluru (India) founded in 2017 by Ramya Reddy. Luggage transportation to airports is booked via an online platform. Carter Porter has raised $1.38 million across 6 funding rounds from investors including Mumbai Angels, Venture Catalysts and Sat Industries. The company has 33 employees. Carter Porter was last valued at $7.1 million in November 2022. Its chief executive, as recorded, is Harsha Nellore. Its Indian entity Carterporter Private Limited reported revenue of ₹2.08 Cr. Its focus areas include Consumer, Online Travel, Luggage and Services. Its competitors include LUGGX and Floclo.
Company details
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.
- Headquarters Bengaluru, India
- Employees 33
- Founders Ramya Reddy
- Stage Minicorn
- SectorsTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website carterporter.in
- Social LinkedIn X Facebook
- Legal Name Carterporter Private Limited
- Date of Incorporation 07 Feb, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.08 Cr
FY 2024 · -10% YoY
- Net Loss-₹1.68 Cr
FY 2024 · -81% margin
- EBITDA-₹1.45 Cr
FY 2024 · -70% margin
- Total Equity Funding$1.38M (USD)
in 6 rounds
- Latest Funding Round$266.3K (USD), Seed
Nov 2022
- InvestorsMumbai Angels
& 100 more
- Employee Count33
Associated legal entities of Carter Porter
Carter Porter operates through Carterporter Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Carterporter Private Limited CIN U63030KA2017PTC100298 | Active | 07 Feb 2017 | Bangalore, Karnataka | ₹2.1 Cr | 33 | 6 | View details |
Funding Insights of Carter Porter
Carter Porter has successfully raised a total of $1.38M across 6 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 $1.38M
- Total Rounds 6
- Last Round Seed — $266,299
- First Round $109,221
(Dec 2017)
- Investors Count 101
All 6 funding rounds of Carter Porter with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $266,299 | Seed | $7.1M | Venture Catalysts, Mumbai Angels | |
| Mar 2022 | $151,027 | Seed | $2.55M | Ai Primeorganic, Sat Industries | |
| Apr 2021 | $386,920 | Seed | $••••• | Nikhil Vora | |
| Jan 2021 | Seed | – | – | – | |
| Apr 2019 | $464,164 | Seed | $••••• | Mumbai Angels, Ambiga Subramanian | |
| Dec 2017 | $109,221 | Angel Round | $••••• | Bolleni Sujatha |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2022 | $7.1M | •••••••• |
| Mar 2022 | $2.55M | •••••••• |
| Apr 2021 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Dec 2017 | $••••• | •••••••• |
Full valuation and stage history of Carter Porter
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Last known valuation $7.1M (Nov 2022). 101 investors in total: 13 institutional and 88 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Multi sector focused full-service investment banking firm also offering VC investments | 2019 | jpin.co | London, United Kingdom | |
Venture capital firm investing in early-stage tech startups | 2023 | anikarthventures.com | Kanpur, India | |
Provider of mobile lightening and fire extinguisher equipment services | 1985 | askagroup.com | Delhi, India | |
| softsolmediatech.com | ||||
Serves as a contract manufacturer and supplier of organic food ingredients and nutraceuticals. | aiprimeorganic.com | Hyderabad, India | ||
PP/HDPE woven bags are manufactured by Sat Industries. | 1984 | satgroup.in | Mumbai, India | |
Limited information is available about core activities of Keynesian.net. | keynesian.net | |||
Limited information available | intellectendeavours.tcc.mode | Mumbai, India |
Investor details for Carter Porter
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Board of directors of Carterporter Private Limited (Carter Porter)
Carterporter Private Limited is the primary company behind Carter Porter. The board of Carterporter Private Limited currently have 5 directors; the longest-serving is Yamini Chandra Nellori Harsha Vardhan, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yamini Chandra Nellori Harsha Vardhan DIN 02025001 | Whole-time director | 07 Feb 2017 | 9 yrs 8 mo | Carterporter Private Limited |
| Ramya Reddy Nellore DIN 01964384 | Whole-time director | 07 Feb 2017 | 9 yrs 8 mo | Carterporter Private Limited |
| Yaminichandra Nellore DIN 08024502 | Director | 18 Dec 2017 | 8 yrs 10 mo | Carterporter Private Limited |
| Nellore Swarnalatha DIN 08024524 | Director | 18 Dec 2017 | 8 yrs 10 mo | Carterporter Private Limited |
| Balireddy Goutham Kumar Reddy DIN 07614460 | Director | 18 Dec 2017 | 8 yrs 10 mo | Carterporter Private Limited |
People of Carter Porter
2 people are tracked at Carter Porter (2 in leadership); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Harsha Nellore | CEO | Leadership |
Complete people profiles for Carter Porter
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Financials of Carter Porter
Figures of Carterporter Private Limited, the primary company behind Carter Porter, for FY 2024. Revenue was ₹2.08 Cr (-10% year on year). Net loss was -₹1.68 Cr (-81% margin). EBITDA was -₹1.45 Cr (-70% margin). Revenue has grown at a compounded annual rate of +54% over three years and +27% over five years.
- ₹2.08 CrRevenue · FY 2024 · -10% YoY
- -₹1.68 CrNet loss · -81% margin
- -₹1.45 CrEBITDA · -70% margin
- ₹2.2 LakhPaid-up capital
- 33Employees (provident fund records)
- +54%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Carterporter Private Limited are on its company page.
Detailed financial statements for Carter Porter
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Timeline of Carter Porter
4 dated milestones of Carter Porter across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Carter Porter is founded.
- Funding First funding round of $109K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $266K.
Competitors of Carter Porter
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| luggx.com | 2022 | Chennai, India | Provides door-to-door luggage collection and airport check-in for hassle-free travel. | |||
| floclo.in | 2014 | Delhi, India | Offers luggage storage and delivery services for convenient travel needs. |
Detailed competitors of Carter Porter
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Web traffic of Carter Porter
Websites that share an audience with Carter Porter (carterporter.in).
Websites whose visitors overlap most with Carter Porter. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shipzy.in | shipzy.in | 100% | #3,851,634 | – | |
| safecloak.in | 89% | 73.9K | #508,038 | View details |
Top companies in Online Travel
3 companies that operate in the same segment as Carter Porter (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 |
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Complete news archive for Carter Porter
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Frequently Asked Questions about Carter Porter
Carter Porter was founded in 2017.
Carter Porter is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Harsha Nellore is the CEO of Carter Porter, as recorded in our data.
Carter Porter is a funded company, having raised a total of $1.38M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $109.22K, raised on Dec 2017.
Carter Porter has 33 employees.
The primary company behind Carter Porter, Carterporter Private Limited, reported revenue of ₹2.08 Cr for FY 2024, down 10% year on year.
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.
Carter Porter has 101 investors. Key investors include Mumbai Angels, Venture Catalysts, Sat Industries, JPIN, and Ai Primeorganic.
The valuation of Carter Porter is $7.1M as of Nov 2022.
Carter Porter operates through Carterporter Private Limited.
The legal entities of Carter Porter currently have 5 directors, including Yamini Chandra Nellori Harsha Vardhan, Yaminichandra Nellore, Nellore Swarnalatha and others.