LetsTransport logo — Building India's largest tech-enabled solution provider for...

LetsTransport

Building India's largest tech-enabled solution provider for urban distribution- 250000+Trucks| 30 Cities|Million stories

Founded 2015 India India 557 employees Series E Total: $563.30M Logistics, Transportation +1

General Information

Company Name LetsTransport
Founded Year 2015
Location India India
Founders / Decision Makers
Team member
Employees 557
Industries Logistics, Transportation, Travel and Tourism
Funding Stage Series E
Social

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About LetsTransport

LetsTransport is a series-B funded, last-mile tech-logistics solution provider founded in 2015 by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi, and Ankit Parasher. Operating in India, it aggregates light commercial vehicles for urban logistics and has onboarded 100,000+ truckers across 20+ cities. The company serves industry sectors like organized retail, FMCG, e-commerce, distribution, and 3PL, counting Amazon, Flipkart, Bisleri, Vishal Mega Mart, Future Supply Chain, Coca-Cola, Delhivery, and Udaan among its clients. LetsTransport provides customized logistics solutions and value-added services, including screened drivers, audited and GPS-enabled vehicles, point-to-point billing, status updates, 24x7 service, and greater efficiency, aimed at transparent and economical pricing. The company is a market leader in the enterprise segment, pioneering in empathizing with the underserved urban trucker community, thereby making them a part of the mainstream economy. It aims to disrupt the primitive $35bn+ urban-logistics industry by leveraging technology and enabling enterprises to reach consumers faster. With its recent $25 million series-E investment on 24 April 2024 from leading investors like Fosun RZ Capital, Bertelsmann India Investments, Mitsubishi Corporation, Rebright Partners, Stride Ventures, CAC Capital, NB Ventures, and ALES Global Japan, LetsTransport is poised to further strengthen its position as India's largest enterprise urban-logistics provider.

Taxonomy: tech-logistics, urban distribution, last-mile delivery, enterprise logistics, light commercial vehicles, logistics technology, transportation industry, fleet management, B2B logistics, supply chain solutions, startup, investment, Fosun RZ Capital, Bertelsmann India Investments, Mitsubishi Corporation

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Series E $22.00M 6
Bertelsmann India Investments, Rebright Partners +4
24 Apr 2024
Series D $25.00M 1
Bertelsmann India Investments
14 Jul 2023
Debt Financing INR100.00M 1
BlackSoil
02 Jun 2020
Venture Round INR130.00M 1
InnoVen Capital
18 May 2020
Series B $12.00M 2
Bertelsmann India Investments, Fosun RZ Capital
20 Dec 2018
Series B $3.00M 1
Fosun RZ Capital
11 Oct 2018
Non Equity Assistance Undisclosed 1
Microsoft Accelerator Bangalore
08 Jun 2017
Series A INR270.00M 3
Rebright Partners, Neelesh Bhatnagar +1
24 Jan 2017
Venture Round Undisclosed 1
MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
01 Jan 2017
Seed Round $1.30M 4
Rebright Partners, Manish Dhingra +2
04 Aug 2015

LetsTransport Alternatives & Competitors

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FAQ About LetsTransport

Building India's largest tech-enabled solution provider for urban distribution- 250000+Trucks| 30 Cities|Million stories
LetsTransport was founded in 2015.
LetsTransport is headquartered in India.
LetsTransport operates in Logistics, Transportation and Travel and Tourism. Its work centres on tech-logistics, urban distribution, last-mile delivery and enterprise logistics.
LetsTransport has approximately 557 employees.
LetsTransport has completed 10 funding rounds, raising a total of $563.30M. The latest funding stage is Series E.
Top alternatives and competitors to LetsTransport include Etash Delivery Technologies Pvt Ltd, Logística del Mayab, BSK Group of Companies, Platform Science, RouteKick. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LetsTransport and Etash Delivery Technologies Pvt Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for LetsTransport, https://bouncewatch.com/company/letstransport, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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