When was Porter founded?

Porter was founded in 2014 and became a unicorn in 2024, reaching the milestone in 10 years. It raised its 1st funding round 1 year after its incorporation.

Where is Porter located?

Porter is headquartered in Bengaluru, India. It is registered at No A-501, A-502, B–504, B–505 and B-506, 5th Floor Universal Business Park, Chandivali, And, heri (E), Mumbai City, Mumbai, Maharashtra, India, 400072.

Who is the current CEO of Porter?

Uttam Digga of Porter. They have also founded 1 company.

Which legal entities is Porter associated with?

Porter is associated with SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED.

How many employees does Porter have?

As of Aug 31, 2025, Porter has 2027 employees, reflecting a 3% year-over-year decline in headcount.

Is Porter a funded company?

Porter is a funded company, having raised a total of $198M across 14 funding rounds to date. The company's 1st funding round was a $481K Seed round, raised on Feb 20, 2015.

How much is Porter worth?

The latest valuation of Porter is $1.15B as of Jan 15, 2026. This marks a decline of 4% from its peak valuation of $1.2B in Feb, 2015. This marks a decline of 4% from its peak valuation of $1.2B in Feb, 2015.

When was the latest funding round of Porter?

Porter's latest funding was a $46.5M Series F round on Jan 15, 2026, with participation from 2 investors. Its primary sector is Logistics Tech. In India, the Logistics Tech sector has seen $182M in funding in 2026 to date.

What is the annual revenue of Porter?

Annual revenue of Porter is more than ₹1,000 Cr as on Mar 31, 2026

Is Porter a Logistics Tech company?

The primary sector of Porter is Logistics Tech.

Where does Porter rank among its competitors?

Porter ranks 1st amongst 234 active competitors, of which 35 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Porter, which secured $46.5M in Jan, 2026.

Who are the top competitors of Porter?

Porter's top competitors include Vahak, MatchLog and WheelsEye. Among them, Porter secured the most recent funding round in January, 2026.

Porter - 2026 Company Profile, Team, Funding, Competitors & Financials

Porter is a series F company based in Bengaluru (India), founded in 2014 by Uttam Digga, Pranav Goel and Vikas Choudhary. It operates as a Provider of on-demand logistics and goods transportation services. Porter has raised $198M in funding from investors like Peak XV Partners, Kedaara and Mahindra, with a current valuation of $1.15B. The company has 234 active competitors, including 35 funded and 5 that have exited. Its top competitors include companies like Vahak, MatchLog and WheelsEye.

Sectors and market segments that Porter operate in

Porter serves in the Transportation and Logistics Tech market segments.The primary business model of Porter is:

Transportation and Logistics Tech > Logistics Tech > ***** **** > ***** ******

Company Details

Provider of on-demand logistics and goods transportation services. The company offers a range of transportation solutions including intra-city goods movement, packing and moving services, and enterprise logistics management. Through a digital platform, it facilitates the booking of various vehicle types for the transport of commercial and personal goods. The service supports businesses and individuals with supply chain management, distribution, and relocation needs.

Website: porter.in
Social
Email ID: *****@theporter.in
Phone Number: +91 **********
Registered Address: No A-501, A-502, B–504, B–505 and B-506, 5th Floor Universal Business Park, Chandivali, And, heri (E), Mumbai City, Mumbai, Maharashtra, India, 400072

Key Metrics

Founded Year

2014

Location

Bengaluru, India

Stage

Series F

Total Funding

$198M in 14 rounds

Latest Funding Round

Series F, Jan 15, 2026, $46.5M

Post Money Valuation

$1.15B as on Jan 15, 2026

Investors

Peak XV Partners & 58 more

Ranked

1^st among 234 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

2,027 as on Aug 31, 2025

Similar Companies

Convoy & 1078 more

View Porter's full profile

Porter is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SMARTSHIFT LOGISTICS SOLUTIONS PRIVATE LIMITED CIN: U74999MH2014PTC306120 , India, Active	Mar 20, 2014	₹1,000+ Cr (As on Mar 31, 2026)	1437 (As on Apr 01, 2026)

Porter has raised a total funding of $198M over 14 rounds. Its first funding round was on Feb 20, 2015. Its latest funding round was a Series F round on Jan 15, 2026 for $46.5M. 2 investors participated in its latest round. Porter has 28 institutional investors and 31 angel investors.

Here is the list of recent funding rounds of Porter:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 15, 2026	$46.5M	Series F	$1.15B	1.6x	Kedaara	Wellington
Sep 09, 2025	Undisclosed	Series F	-	-	Vitruvian Partners	Elev8 Venture Partners
Jul 23, 2025	$903K	Series F	$1.18B	2.0x	-	Digga Family Trust

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View details of Porter's funding rounds and investors

The founders of Porter are Uttam Digga, Pranav Goel and Vikas Choudhary. Uttam Digga is the CEO of Porter.

Here are the details of Porter's key team members:

Uttam Digga: Co-Founder & CEO of Porter. They serve on the board of 1 company.
Contact Info: 1 phone number
Pranav Goel: Co-Founder of Porter. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Vikas Choudhary: Co-Founder of Porter.

Porter's Board of Directors

Porter's board has 7 active members. Uttam Digga, Pranav Goel, Puneet Renjhen, Anant Gupta, Samir Rajendra Abhyankar, Kartikeya Dhruv Kaji and Mahima Chugh are part of team.

Here is the list of Porter's board of directors:

Name	Type	Representing	Status	Duration
Uttam Digga	Team	-	Current	3y 1m
Pranav Goel	Team	-	Past	6y 8m
Puneet Renjhen	Investor	-	Current	2y 0m
Anant Gupta	Investor	-	Current	1y 1m
Samir Rajendra Abhyankar	Investor	-	Current	1y 3m
Kartikeya Dhruv Kaji	Investor	-	Current	1y 1m
Mahima Chugh	Investor	-	Current	1y 1m

View details of Porter's Founder profiles and Board Members

Porter's employee count trend

Porter has 2,027 employees as of Aug 25. The total employee count is 4.0% lower than what it was in Aug 24. Here is Porter's employee count trend over the years:

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Top competitors of Porter include Vahak, MatchLog and WheelsEye. Here is the list of Top 10 competitors of Porter, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Porter 2014, Bengaluru (India), Series F	Provider of on-demand logistics and goods transportation services	$198M	Vitruvian Partners, Magnetic & 57 others	75/100
2nd	Vahak 2017, Bengaluru (India), Series A	Online marketplace for connecting shippers and transport service providers	$25.9M	Leo Capital, RTP Global & 44 others	56/100
3rd	MatchLog 2019, Mumbai (India), Seed	Operator of digital platforms facilitating container reuse for logistics efficiency	$4.58M	Rainmatter, July Ventures & 11 others	56/100
4th	WheelsEye 2017, Gurugram (India), Seed	Online platform for booking trucks and managing logistics services	$1.01M	Prime Venture Partners	55/100
5th	Celcius 2020, Navi Mumbai (India), Series B	Network facilitating refrigerated transportation and storage for perishable cargo goods	$38.4M	IvyCap Ventures, Omnivore & 117 others	55/100
6th	Rivigo 2014, Gurugram (India), Series H	Provider of integrated logistics solutions including distribution and warehousing services	$314M	Elevation Capital, Warburg Pincus & 27 others	54/100
7th	Trunkpool 2015, Gurugram (India), Unfunded	Online marketplace platform for freight hauling	-	-	53/100
8th	Raaho 2015, Gurugram (India), Seed	Operator of a digital network connecting shippers, truckers, and drivers	$7.52M	Inflection Point Ventures, Roots Ventures ... & 108 others	51/100
9th	Infraprime Logistics Technologies 2017, Gurugram (India), Series B	Electric heavy-duty commercial goods carrier solutions for the logistics industry	$5.62M	Rabab Publications, Leo Capital & 24 others	51/100
10th	Trans India 2015, Hyderabad (India), Acquired	Online marketplace that connects truck owners with load owners	-	Anicut Capital	50/100

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Founders own 16.10%, Funds (largest shareholder) own 46.19%, Enterprises own 32.84% and Angels own 0.14%. The net worth of Porter's founders is INR 1,680Cr as of Jan 15, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	16.10%	1,680Cr	4264198	2056067	1712772	3521137
Pranav Goel	797632	227944	263679	720496	661540	992709
Uttam Digga	843231	458625	541856	303317	506932	957637
Fund	46.19%	4,810Cr	6012859	3737807	3045181	1184293
Lightrock	2957846	7556726	7152916	2094256	1237677	9042803
Tiger Global Management	6699213	7594280	7357980	5451651	7636324	9509717
Kalysta Capital	6445	5222	7976	7394	3953	2442
Kedaara	88	30	10	49	58	98
Wellington	7	7	1	8	5	3
Kae Capital	3	1	2	5	5	6
Claris Capital	0	0	0	0	0	0
Digga Family Trust	0	0	0	0	0	0
Saragroup	0	0	0	0	0	0
Central Park Securities Holding	0	0	0	0	0	0
Lightstone Ventures	0	0	0	0	0	0
Enterprise	32.84%	3,420Cr	3670434	7188542	1474097	3874023
Angel	0.14%	14.9Cr	0	0	0	0
Anupam Mittal	0	0	0	0	0	0
Sandeep Tandon	0	0	0	0	0	0
Rao Remala	0	0	0	0	0	0
Navin Honagudi	0	0	0	0	0	0
Vellayan Subbiah	0	0	0	0	0	0
Ramachandran Sridhar	0	0	0	0	0	0
Balz Roth	0	0	0	0	0	0
Other People	0.20%	21.3Cr	0	0	0	0
ESOP Pool	4.50%	469Cr	6861	4717	9124	4196
Other Investors	0.02%	2.23Cr	0	0	0	0
Total	100.00%	10,400Cr	3591446	6489515	4623162	4242413