# Porter

> Porter connects businesses and households with driver-partners for on-demand goods transport, from two-wheelers to commercial trucks. Its app, enterprise accounts and relocation services bring booking, prices and trip visibility to a fragmented urban logistics market, with India as its core market and international operations including the UAE.

- **Founded:** 2014
- **Headquarters:** Bengaluru, India
- **Founders:** Uttam Digga (Co-founder and CEO), Pranav Goel (Co-founder; former CEO), Vikas Chaudhary (Co-founder)
- **Products:** On-demand trucks, Two-wheeler goods transportation, Porter Enterprise, Packers & Movers, Intercity courier
- **Notable:** Reported first annual consolidated profit in FY25., Reported FY26 net profit of ₹229 crore, with ₹6,649 crore operating revenue., Reached a reported US$1.2 billion valuation in 2025.

## Products & services

- **On-demand trucks** — App booking of goods vehicles including Tata Ace, pickups and larger commercial trucks; options vary by city.
- **Two-wheeler goods transportation** — Point-to-point goods transport for consignments up to 20 kg; advertised starting fares vary by locality.
- **Porter Enterprise** — Business logistics accounts with a prepaid wallet, trip records, multi-user administration and a web dashboard.
- **Packers & Movers** — Household relocation with packing, transport and unpacking; optional specialist services and packages.
- **Intercity courier** — App listings advertise surface and air parcel delivery to more than 19,000 pin codes.
- **Regional intercity goods transport** — Short-distance movement between nearby cities alongside the core intracity service.

## Achievements

- Reported first annual consolidated profit in FY25.
- Reported FY26 net profit of ₹229 crore, with ₹6,649 crore operating revenue.
- Reached a reported US$1.2 billion valuation in 2025.
- Expanded beyond India, including the UAE.

## Latest updates

- **2025-05** — Series F financing reported at US$200 million and approximately US$1.2 billion valuation.
- **2025-07** — CCI approved Kedaara investment vehicles acquiring a stake in SmartShift Logistics Solutions.
- **2025-11** — Reported consolidation of truck and two-wheeler operations accompanied by more than 350 layoffs.
- **2026-05** — Executive interview described 39 Indian cities plus the UAE, about 600,000 driver-partners and more than 30,000 EVs.
- **2026-08** — FY26 reporting put operating revenue at ₹6,649 crore and net profit at ₹229 crore. It also described more than 50 cities and a 2025 funding round extended to US$300 million; coverage and funding figures differ across dated reports.

## Links

- Website: https://porter.in
- LinkedIn: https://www.linkedin.com/company/theporter-in/
- Twitter/X: https://twitter.com/porterit_
- YouTube: https://www.youtube.com/channel/UC6eokjbxNMN2WQNgyZElNeA
- Instagram: https://www.instagram.com/porter_it/
- Facebook: https://www.facebook.com/porterindia/

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Profile page: https://yespress.io/porter
Published by YesPress — https://yespress.io
Last updated: 2026-10-11
