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 $152.33 million across 14 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
$152.33 M (USD)
in 14 rounds
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Latest Funding Round
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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Funding Insights of Porter
Porter has successfully raised a total of $152.33M across 14 strategic funding rounds. 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 14
- Last Round Last Round
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First Round
First Round
(20 Feb 2015)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series F - Porter | Valuation | Vitruvian Partners | |
| Jul, 2025 | Amount | Series F - Porter | Valuation |
investors |
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| Jul, 2025 | Amount | Series F - Porter | Valuation |
investors |
| 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 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. 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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Private equity firm focused on growth companies
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Founded Year | Domain | Location | |
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Growth equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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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 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 - 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 |
Porter Comparisons
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. 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 |
An app-based platform for on-demand goods transportation is operated.
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| domain | founded_year | HQ Location |
First-mile logistics services are provided on demand with free pickup.
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| domain | founded_year | HQ Location |
AI-powered B2B parcel delivery services are provided to businesses.
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| domain | founded_year | HQ Location |
Offers an app for convenient door-to-door courier services to users.
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| domain | founded_year | HQ Location |
Offers logistics for parcel delivery, courier, and transport services in India.
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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 Porter
Frequently Asked Questions about Porter
When was Porter founded?
Porter was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Porter located?
Porter is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Porter?
Uttam Digga is the current CEO of Porter. They have also founded this company.
Is Porter a funded company?
Porter is a funded company, having raised a total of $152.33M across 14 funding rounds to date.
How many employees does Porter have?
As of Mar 25, 2025, the latest employee count at Porter is 2,085.
What is the annual revenue of Porter?
Annual revenue of Porter is $323.18M as on Mar 31, 2024.
What does Porter do?
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.
Who are the top competitors of Porter?
Porter's top competitors include GoGoX, Pico Xpress and Pyck.
What products or services does Porter offer?
Porter offers On-Demand Goods Transport, Porter Enterprise, Porter Packers & Movers, and Intercity Courier Services.
Who are Porter's investors?
Porter has 35 investors. Key investors include Mahindra, Kae Capital, Sara Group, Peak XV Partners, and Lightrock.
What is Porter's valuation?
The valuation of Porter is $504.42M as of Sep 2021.
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