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VCGuy

Believe me, it’s not... • 3d

Peak XV's decade long Porter wager turns into a 11x exit. Last week → 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 ~13.77% stake prior to Series F, which translates to ~₹1200 Cr (Total inv. -> ₹116 Cr, accumulated over multiple rounds) - Lightrock & Kae Capital made partial exits Porter’s top-line has scaled ~13x over five years, with net losses held within a ₹60–175 Cr range ⤵️ 🚚Porter operates across three logistics segments – (a). 2W last-mile delivery for intra-city packages (≤20 kg) (b). Mini-truck bookings & relocations (≤3.5T) (c). Intercity courier shipments (≤17 kg) ⏭️Now crowned 2025’s third unicorn, Porter has its eyes set on the public markets.

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