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porterit

About porterit

Hyperlocal logistics startup specializing in efficient delivery solutions for businesses and consumers.

Business Information
Target Customers
small businesses e-commerce platforms retailers consumers
Industry Categories
Logistics and Shipping Operations and HR
Business Model
Revenue Model Marketplace
Pricing Strategy Pay-per-delivery and subscription plans for businesses
Sales Channels direct sales, partnerships with e-commerce platforms, mobile app
Funding Timeline
Round Date Amount Investors
Series F May 09, 2025 $200.0M Kedaara Capital, Wellington Management, Vitruvian Partners
Series F May 08, 2025 $100.0M Kedaara Capital, Wellington Management, Vitruvian Partners
Series F Jan 01, 2025 Undisclosed Kedaara Capital, Wellington Management
Series D Oct 10, 2023 $200.0M PeakXV
Founders
P
Pranav Goel

Co-Founder and CEO

V
Vikas Chawla

Co-Founder & CEO

U
Uttam Digga

Co-founder & CEO

Investors
K
Kedaara Capital

Venture Capital

P
PeakXV

Venture Capital

V
Vitruvian Partners

Private Equity

W
Wellington Management

Asset Management

Recent Mentions
Inc42
Inc42 @Inc42
May 08, 2025

After speculations around $100 Mn fundraise last month, hyperlocal logistics startup @porterit_ has confirmed closure of its Series F funding round. The round was led by Kedaara Capital and Wellington Management, along with participation from existing investor Vitruvian https://t.co/CEWbfkaJzV

Inc42
Inc42 @Inc42
May 08, 2025

Hyperlocal logistics startup @porterit_ has become the second unicorn of 2025 after raising funding in its Series F round. The round, which was a mix of primary and secondary deals, was led by Kedaara Capital and Wellington Management. It also saw participation from existing https://t.co/UJdvUJG2ef

Inc42
Inc42 @Inc42
May 08, 2025

Hyperlocal logistics startup Porter has become the second unicorn of 2025 after raising funding in its Series F round. The round, which was a mix of primary and secondary deals, was led by Kedaara Capital and Wellington Management. It also saw participation from existing https://t.co/8ZClvOZeKd

Inc42
Inc42 @Inc42
May 08, 2025

Hyperlocal logistics startup Porter has become the second unicorn of 2025 after raising funding in its Series F round. The round, which was a mix of primary and secondary deals, was led by Kedaara Capital and Wellington Management. It also saw participation from existing https://t.co/DdSeNShQun

Inc42
Inc42 @Inc42
May 08, 2025

After speculations around $100 Mn fundraise last month, hyperlocal logistics startup Porter has confirmed closure of its Series F funding round. The round was led by Kedaara Capital and Wellington Management, along with participation from existing investor Vitruvian Partners. https://t.co/TkHpA8SVKY

bolstart
Bolstart @bolstart
May 09, 2025

Porter has confirmed the completion of its Series F round, following reports of a $100 million fundraise last month. https://t.co/vcR7IikWdI

NewzchainHQ
Newzchain, a Blockchain Powered Media Platform @NewzchainHQ
May 09, 2025

The Bengaluru-based on-demand logistics platform @porterit_ has raised $200M in a Series F round led by Kedaara Capital and @Wellington_Mgmt, pushing its valuation to $1.1–$1.2B. Founded by Pranav Goel, Uttam Digga, and @vikasch, Porter has transformed intra-city logistics in https://t.co/3aLU32WgJc

indstartupnews
Indian Startup News @indstartupnews
May 09, 2025

Porter, the on-demand logistics startup, has become India’s newest unicorn after raising $200 million (approximately Rs 1,700 crore) in a Series F funding round. The round was led by Kedaara Capital and Wellington Management, with participation from existing investor Vitruvian https://t.co/NBwJYgNc59

JatinTweets_
v. Jatin @JatinTweets_
May 10, 2025

One nation attracts $200M for logistics innovation. Another negotiates yet another bailout. The divergence in investor trust isn’t accidental. It reflects direction, scale, and credibility. #IndiaGrowth #VCIndia #Porter #IndiaIsGrowing#ComeOnIndia https://t.co/SWSmacWNWk

Amrita_2121
Amrita mishra (काशी वाली ) @Amrita_2121
May 10, 2025

@TimesAlgebraIND @porterit_ Porter, India's leading on-demand logistics platform, has raised $200 million in a Series F funding round led by Kedaara Capital and Wellington Management. This investment propels Porter into the unicorn club, with a valuation between $1.1 billion and $1.2 billion . Key

TimesAlgebraIND
Times Algebra @TimesAlgebraIND
May 10, 2025

Porter has raised $200 million from global investors, showing strong support from institutions and confidence in the country’s economic direction. #IndiaGrowth #Startups #Geopolitics @porterit_ https://t.co/zNw21qGrbd https://t.co/tSXcaoFg7b

brand_shweta
Shweta Singh 🇮🇳 @brand_shweta
May 10, 2025

India’s startup ecosystem isn’t chasing hype it’s solving for Bharat. @porterit_ connects kiranas, warehouses, and cities. $200M raised, built on fundamentals. #LogisticsIndia #Startups https://t.co/hOPrdqRbaw

grok
Grok @grok
May 10, 2025

@CheckerInd6024 @rishibagree @porterit_ Porter ne $200M Series F funding mein raise kiya, jisse uski valuation $1.2B hui, aur yeh unicorn status confirm karta hai. Yeh MSMEs aur 1M+ gig workers ko support karta hai, operations expand karne ka plan hai. Lekin, packers aur movers services mein kuch shikayatein hain,

erbmjha
BALA @erbmjha
May 10, 2025

This is the undefeatable Indian spirit🇮🇳 Even at time of literal war, Indian startup ecosystem keeps moving forward to make a stronger, more stable India. Money never lies & $200M Series F round by @porterit_ alone & $568M in total startup inflows in last week itself during war https://t.co/drs1I785YO

raisingfi
Raising.fi @raisingfi
May 11, 2025

New Raise 🏛️ Company: Porter 🔗 Website: https://t.co/Hk1rEpLV1H 📊 Amount: Series F funding round 🔄 Round: Series F 🧮 Valuation: 1.21 ⚙️ Industry: Transportation & Logistics

moengage
MoEngage @moengage
May 13, 2025

Congratulations to @porterit_ on their incredible $200M Series F funding round! 🎉 We're thrilled to be a part of @porterit_ 's journey as they continue to revolutionize the transport logistics sector. 🚚 Team @porterit_ , your ambition sparks our imagination, your progress https://t.co/vZyNPeRS0g

Rahul_J_Mathur
Rahul Mathur @Rahul_J_Mathur
May 15, 2025

Last week, Porter raised a $200M funding round to enter the unicorn club One observation: As part of this round, PeakXV entirely exited the company after leading the Series A ($15M valuation), Series B ($35M valuation) AND Series C ($75M valuation). As far as I can tell, this

_Ideabaaz_
Ideabaaz @_Ideabaaz_
May 16, 2025

On-demand logistics startup Porter just hit unicorn status raising $200 million in a Series F funding round led by Kedaara Capital and Wellington Management. Porter would use the fresh capital to expand into more cities, support MSMEs, and create opportunities for over 1 Mn gig

arnavghatage
VCGuy @arnavghatage
May 17, 2025

Peak XV's decade long Porter wager turns into a 11x exit. Last week → Porter raised $200 M in Series F. - Peak XV fully exited. Initially invested in a Series A in 2005, with follow-ons in Series B and C. i). As per reports, Porter held an ~13.77% stake prior to https://t.co/khKYOaKYog

SecondaryLink
SecondaryLink @SecondaryLink
May 21, 2025

@porterit_ raises $200 million in Series F, valuation hits $1.2 billion. Kedaara Capital and @Wellington_Mgmt co-led the round, which included a sizable secondary component. Read on SecLink: https://t.co/UaPGoSLFta https://t.co/hXmBy0p73P