LetsTransport Revenue and Competitors

LetsTransport was founded in 2015 by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi, and Ankit Parasher. It is a series-B funded, last-mile tech-logistics solution provider for intra-city deliveries based in Bangalore. It offers reliable, affordable, and professional services, structured to serve enterprises. LetsTransport aggregates light commercial vehicles for urban logistics and have onboarded 35,000+ truckers on its platform. LetsTransport works across industry sectors like organized retail, FMCG and e-commerce, distribution and 3PL companies. Some of its clients include Amazon, Flipkart, Bisleri, Vishal Mega Mart, Future Supply Chain, Coca-Cola, Delhivery, and Udaan. The company offers customized logistics solutions for clients, along with other value-added services such as screened drivers, audited and GPS-enabled vehicles, point-to-point billing, status updates, 24x7 service, and greater efficiency, all at transparent and economical pricing. LetsTransport, as a brand, is known as one of the market leaders in the enterprise segment, and first movers to identify and empathize with the underserved urban trucker community, playing a huge role in making them a part of the mainstream economy. This series-B funded tech-logistics company aims to disrupt the primitive $30bn+ urban-logistics industry by leveraging technology and help enterprises to reach consumers faster. With a growth of over 10% month on month LetsTransport is India's largest enterprise urban-logistics provider in India, with 35,000+ Light Commercial Vehicles on its platform. LetsTransport raised US$3 million in Series A funding led by Dubai-based NB Ventures and Japan-based GMO Ventures in 2016, and a seed round of US$1.3 million from Singapore-based Rebright Partners and others in 2015. The company recently raised US$14 million as part of its Series B round led by Fosun RZ Capital and Bertelsmann India Investments.