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Logistics startup Porter eyes more small cities for growth

Livemint · 5m

Bengaluru-based logistics startup Porter plans to double its presence in India to nearly 40 cities over the next 3-4 years. The company offers a logistics platform for last-mile delivery operations to businesses and has seen significant growth, with revenue increasing by 56% to over INR 2,700 crore in FY24. Porter is also expanding internationally and entered the Dubai market in 2020. Additionally, the company has launched new initiatives such as parcel delivery and home shifting services. Porter has raised $150 million in funding and became a unicorn earlier this year.