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Startup story 7/10 If you live in a metro city in India, you would have seen a porter truck on streets . But what most people don't see is they succeeded in a field that no other companies could. So, Porter's business is intra-city logistics. Basically delivering things inside a city. This is a space which earlier operated on scheduled appointment model. Let's say you need your truck, you schedule an appointment and the truck delivers you your things. But the main issue was the other companies were doing only 1 or 2 deliveries per day . So the founder of porter thought that how about building a uber for trucks . With this drivers are getting more deliveries and users are getting cheaper prices. And today, Porter has 5 lakh driver partners and over one crore customers on its platform. *Follow me if you think this is Innovative*
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Buisness Case study: Porter: Rickshaw Rider to Revolutionizing Logistics Indian deliveries were chaotic: narrow streets, overworked men. Porter, a tech-driven app, swooped in. Businesses and individuals could connect with reliable delivery partners
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Peak XV's decade long Porter wager turns into a 11x exit. Last week ā 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
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problem - In country like India so many truck owner don't get a load for their truck and so many Companies , firm don't get a truck for their Goods and cargo so both of them face transportation issue. Solution - we launch one type of platform where
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š”š”Business idea with less investment --->The culture of food trucks in a city is increasing day by day and they are earning a good amount. But starting a food truck can be done by anyone So, to differentiate you can make a food truck which trave
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Went to IIT, Left JP Morgan and built an 8300 CR company. 1. After graduating from IIT Kharagpur, Pranav Goel began as an analyst at JP Morgan. Starting as a US equity research team member meant shifting his base from Gurugram to Mumbai. While booki
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