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.

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 ₹10,400Cr as of Jan 15, 2026.

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 $108M 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, 2025

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 50 active competitors, of which 6 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 GoGoX, Smartr Logistics and QWQER. 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 Vikas Choudhary. It operates as a Provider of on-demand goods transportation and logistics solutions via application. Porter has raised $198M in funding from investors like Peak XV Partners, Kedaara and Mahindra, with a current valuation of ₹10,400Cr. The company has 50 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like GoGoX, Smartr Logistics and QWQER.

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 goods transportation and logistics solutions via application. The company offers options for transporting items using various vehicle types. Services include options for businesses needing support with distribution and supply chain management. The company also provides packing and moving services for residential relocation.

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

₹10,400Cr as on Jan 15, 2026

Investors

Peak XV Partners & 58 more

Ranked

1^st among 50 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

2,027 as on Aug 31, 2025

Similar Companies

Flash Express & 463 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, 2025)	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	-	-	Kedaara	Wellington
Sep 09, 2025	Undisclosed	Series F	-	-	Vitruvian Partners	Elev8
Jul 23, 2025	$903K	Series F	-	-	-	-

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View details of Porter's funding rounds and investors

The founders of Porter is Vikas Choudhary.

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

Vikas Choudhary: Co-Founder and Board Observer 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	2y 11m
Pranav Goel	Team	-	Past	6y 6m
Puneet Renjhen	Investor	-	Current	1y 10m
Anant Gupta	Investor	-	Current	0y 11m
Samir Rajendra Abhyankar	Investor	-	Current	1y 1m
Kartikeya Dhruv Kaji	Investor	-	Current	0y 11m
Mahima Chugh	Investor	-	Current	0y 11m

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 GoGoX, Smartr Logistics and QWQER. 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 goods transportation and logistics solutions via application	$198M	Vitruvian Partners, Tiger Global Management ... & 57 others	77/100
2nd	GoGoX 2013, Hong Kong (China), Series D	Provider of an app-based platform for goods transportation	$507M	Cyberport, BOCOM International & 19 others	69/100
3rd	Smartr Logistics 2021, Mumbai (India), Seed	Provider of door-to-door delivery services for businesses	$19.2M	360 One, Asiana Fund & 3 others	50/100
4th	QWQER 2019, Bengaluru (India), Unfunded	Provider of hyperlocal and intercity delivery solutions	-	-	45/100
5th	Shree Tirupati Courier 2003, Rajkot (India), Unfunded	App-based provider of courier services	-	-	40/100
6th	Pyck 2015, Bengaluru (India), Seed	On demand first mile logistics services	-	TLabs	36/100
7th	The ozu 2021, Navi Mumbai (India), Funding Raised	Provider of multi modal freight forwarders services	-	Rajendersolutions, Agility Ventures	33/100
8th	ByHorse 2020, Salcete (India), Unfunded	Provider of transport services	-	-	31/100
9th	By Hand Delivery 2020, Mumbai (India), Unfunded	Provider of door to door courier delivery services	-	-	30/100
10th	Epostbook 2019, Gurugram (India), Seed	Platform providing booking and comparison for courier, postal, and transport	$32.7K	-	29/100

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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	7569946	2083339	1133050	1320917
Fund	46.19%	4,810Cr	5275563	5882375	3593399	8046246
Lightrock	8475734	6100597	3231087	4132186	4592905	7497437
Tiger Global Management	9546570	4662423	8864113	9408931	5130362	4081467
Kalysta Capital	8356	4379	5442	5462	3877	4149
Kedaara	21	69	18	36	12	73
Wellington	8	4	6	6	2	2
Kae Capital	5	2	6	4	4	1
Claris Capital	0	0	0	0	0	0
Sara Group	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	8430584	2151690	5645148	6578936
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
R 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	6863	7723	7834	9624
Other Investors	0.02%	2.23Cr	0	0	0	0
Total	100.00%	10,400Cr	8475463	3090537	9316415	7800769