About Porter
Porter is a company based in Bengaluru (India) founded in 2014 by Vikas Choudhary, Pranav Goel, and Uttam Digga. It operates as a On-Demand Services and Managed Services. Porter has raised $198.86 million across 15 funding rounds from investors including Mahindra, Kae Capital and Sara Group. The company has 2,085 employees as of March 25, 2025. Porter offers products and services including On-Demand Goods Transport, Porter Enterprise, Porter Packers & Movers, and Intercity Courier Services. Porter operates in a competitive market with competitors including GoGoX, Pyck, Pico Xpress, MyDTDC and V-Xpress, among others.
- Headquarter Bengaluru, India
- Employees 2085 as on 25 Mar, 2025
- Founders Vikas Choudhary, Pranav Goel, Uttam Digga
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Smartshift Logistics Solutions Pvt. Ltd.
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$323.18 M (USD)0as on Mar 31, 2024
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Net Profit
-$11.18 M (USD)0as on Mar 31, 2024
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EBITDA
-$13.16 M (USD)0as on Mar 31, 2024
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Total Equity Funding
$198.86 M (USD)
in 15 rounds
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Latest Funding Round
$46.53 M (USD), Series F
Jan 15, 2026
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Investors
Mahindra
& 34 more
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Employee Count
2085
as on Mar 25, 2025
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Products & Services of Porter
Porter offers a comprehensive portfolio of products and services, including On-Demand Goods Transport, Porter Enterprise, Porter Packers & Movers, and Intercity Courier Services.
Goods are transported via trucks and two-wheelers efficiently.
Logistics solutions are provided for business supply chains.
Relocation services are offered for hassle-free home shifting.
Parcels are delivered across India to multiple pincodes.
People of Porter
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Funding Insights of Porter
Porter has successfully raised a total of $198.86M across 15 strategic funding rounds. The most recent funding activity was a Series F round of $46.53 million completed in January 2026. 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.
Investors in Porter
Porter has secured backing from 35 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mahindra, Kae Capital and Sara Group.
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Private equity firm focused on growth companies
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Growth equity investments are directed toward expanding startups across sectors.
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Venture and private equity investments are managed with global diversification.
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Investor details for Porter
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Investments & Acquisitions by Porter
Investment portfolio details for Porter
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Financial Statements - Porter
Detailed financials for Porter
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Porter Comparisons
Peer comparison for Porter
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Competitors of Porter
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 GoGoX, Pyck, Pico Xpress, MyDTDC and V-Xpress, among others.
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An app-based platform for on-demand goods transportation is operated.
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First-mile logistics services are provided on demand with free pickup.
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AI-powered B2B parcel delivery services are provided to businesses.
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Offers an app for convenient door-to-door courier services to users.
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Offers logistics for parcel delivery, courier, and transport services in India.
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Detailed competitors of Porter
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Latest news on Porter
Complete news archive for Porter
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Frequently Asked Questions about Porter
Porter was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Porter is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Uttam Digga is the current CEO of Porter. They have also founded this company.
Porter is a funded company, having raised a total of $198.86M across 15 funding rounds to date.
As of Mar 25, 2025, the latest employee count at Porter is 2,085.
Annual revenue of Porter is $323.18M as on Mar 31, 2024.
Reliable logistics solutions are offered by Porter across 22 cities in India. Operations are conducted in sectors like intracity and intercity delivery. On-demand transportation is facilitated through trucks, two-wheelers, and other vehicles. Enterprise solutions are provided for businesses needing bulk logistics and supply chain management. Packers and movers services are also available for home relocations. Coverage extends to personal and commercial goods delivery with a focus on cost-effectiveness and timeliness.
Porter's top competitors include GoGoX, Pico Xpress and Pyck.
Porter offers On-Demand Goods Transport, Porter Enterprise, Porter Packers & Movers, and Intercity Courier Services.
Porter has 35 investors. Key investors include Mahindra, Kae Capital, Sara Group, Peak XV Partners, and Lightrock.
The valuation of Porter is $504.42M as of Sep 2021.