Archive · 23 Sep 2025
Porter Achieves Profitability, Revenue Surges in FY25
Porter, an Indian logistics company, made a profit in the financial year ending March 2025.
They connect businesses with vehicles for deliveries and saw their income jump to over ₹4,306.2 Cr.
The company's total spending increased, but not as fast as the revenue, and they made a profit of ₹55.2 Cr.
Porter, which has over 3 lakh driver partners, raised $200 million in funding and is planning to raise another $100-$110 million.
The startup offers services for moving goods and relocation and is looking to expand its services by 2030.
Porter's revenue from operations increased nearly 58% to ₹4,306.2 Cr in FY25.
The company achieved a consolidated net profit of ₹55.2 Cr in FY25.
Porter's expenditure grew by 50% in FY25 to ₹4,286.3 Cr.
The startup raised $200 million in Series F funding.
Porter offers B2C and B2B logistic services, including enterprise-level goods movements and management, packers and movers service for relocation, and intercity courier services.
- Who
- Founded by Pranav Goel, Vikas Chaudhary and Uttam Digga, Porter is an intra-city logistics company.
- What
- Porter offers B2C and B2B logistic services, including goods movement, relocation, and intercity courier services.
- When
- Founded in 2014, Porter achieved profitability in FY25.
- Where
- Operates primarily in India.
- Why
- Porter aimed to solve inefficiencies and provide reliable logistics.
Market Position
Competitive Landscape
Industry
Market Position
Porter is expanding within the market by providing its services.
Competitive Landscape
Porter faces competition from the likes of Uber, Uncle Delivery, Borzo, LetsTransport, and Delhivery.
- Founded
- 2014
- FY25 Revenue
- ₹4,306.2 Cr
- FY25 Profit
- ₹55.2 Cr
- FY24 Loss
- ₹95.7 Cr
- Recent Funding
- $200 Mn (Series F)
- Key Services
- B2B and B2C logistics
- Driver Partners
- 3 Lakh+
