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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 on bikes, tempos, and trucks. Their algorithm matched requests with the best driver, ensuring faster deliveries. Porter empowered a new generation. Everyday riders became part of the network, earning income while navigating their city. E-commerce companies saw the value in Porter's swift services, leading to partnerships. Porter's story isn't over. They've expanded beyond India and continue to innovate, using AI to further optimize routes. From a simple app to a logistics game-changer, Porter has transformed how goods move within cities. What are your views on porter?
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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. Basica
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At the moment when Porter turns to be India's Unicorn recently(probably 106th Unicorn) I can remind myself of more startup by name TruckEasy which almost was with the same product eventually got shutdown with intense cash crunch in its last days! Po
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๐ Mapping the Indian Express Logistics Industry ๐ฆโจ From suppliers providing trucks, fuel and warehouses to customers like B2B clients and e-commerce businesses the logistics industry keeps India moving! ๐๐ผ Governed by regulations, it ensures sea
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Logistics services provider Porter has reportedly joined the unicorn startup club after completing a fresh friends and family round, in which individuals bought shares from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion, a
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CCI approves Kedaara Capital's stake acquisition in logistics unicorn Porter ๐ฆ The Competition Commission of India (CCI) has approved Kedaara Capital's proposal to acquire a stake in Porter, a hyperlocal logistics startup. The antitrust regulato
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Peak XV's decade long Porter wager turns into a 11x exit. Last week โ 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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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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Swiggy Invests โน1,000 Crore in Scootsy Logistics for Faster Deliveries ๐๐ธ Swiggy is set to invest โน1,000 crore (~$117M) in Scootsy Logistics to expand operations and improve delivery speed. Approved on Feb 21, 2025, through a rights issue, shares
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