Porter is leading tech-enabled intra and inter-city logistics provider in India, which has grown rapidly in the $40 billion worth Indian logistics market. Founded in the year 2016 by three IIT graduates, Porter has revolutionised on-demand city-wide goods transportation by connecting customers with driver partners. Taking Uber as an inspiration, the company seeks to streamline the fragmented logistics sector. It offers hassle-free moving solutions for everything, right from small parcels and bulk shipments to large-scale relocations, serving both private citizens and businesses. The services are available through a dedicated mobile application for both Android and iOS devices. Porter has become a reliable logistics partner, particularly for businesses of all sizes, right from supermarkets and kirana stores to e-commerce merchants and restaurants. Want more details on Porter’s operations? Or concise information on its revenue sources? Let’s delve into some of its essential details.
How Does Porter Operate?
Porter’s value proposition is seamlessly connecting businesses and individuals needing goods transportation solutions with delivery partners through a feature-rich, user-friendly mobile application. It operates in both B2B and B2C segments, including household moving, small parcel delivery, FMCG, Pharmaceuticals, e-commerce and retail.
Porter deploys two separate apps for the users and delivery partners, seamlessly integrating both for quick, reliable and efficient operations. Packers and Movers or owners of trucks, mini-trucks, 2 wheelers and 3-wheelers can onboard themselves on the platform. Users, on the other hand, are required to register themselves on the app, select from the service options like Trucks, Packers and Movers, Two Wheelers and All India Parcel, and enter the pick and delivery details to get a price quote. On confirmation, the system assigns nearby delivery partner for the job.
The customers get access to the best possible options to move their shipments, depending upon various factors like customer location, type of vehicle required, request timing and others. Live GPS tracking allows the customers to monitor their shipments in real time.
Porter has a wide geographical reach, covering over 20 Indian cities, including Delhi-NCR, Mumbai, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Coimbatore, Lucknow, Surat and Pune. The company has a network of over 7.5 lakh driver partners and handles more than 1.5 crore deliveries annually.
| Company | SmartShift Logistics Solutions Private Limited (Registered Name) |
| Establishment Year | 2016 |
| Founder | Pranav Goel, Uttam Digga and Vikas Choudhary |
| Headquarters | Bengaluru, Karnataka, India |
| Industry | Logistics |
| Net Worth | $1.2 billion |
| Revenue In 2024 | $324 million |
How Does Porter Makes Money?
1. Commissions On Bookings
Porter’s primary revenue source is commission on each and every booking through its app. In this model, the company charges up to 30% of the amount paid by the customer for an on-demand delivery booking. The driver partner receives the remaining amount in a digital wallet. Commissions account for 70-80% of Porter’s total revenue.
Prices are determined on the basis of multiple factors, including distance between the pickup and drop location, type and volume of goods, type of vehicle and loading and unloading operations.
2. Enterprise Contracts
Porter generates revenue through long-term contracts with large businesses for bulk transportation, dedicated fleets and last-mile delivery. These are fixed-margin or volume-based deals. This is a fast-growing high-margin segment for the company.
3. Warehousing and Fulfillment
Porter offers comprehensive warehousing and order fulfillment services to e-commerce sellers and SMEs. These include storage, inventory management and delivery. Revenue is generated through fees determined on a per square feet or per order basis.
4. Advertising
Brands pay to get featured on the Porter app.
Financial Snapshot
Porter has managed to turn profitable in FY25, reporting an increase of 57% in operating revenue to INR 4,306 crore in FY25, up from INR 2,733 crore in FY24. The company posted a net profit of INR 131 crore in FY25 from a loss of INR 46 crore in FY24. Consolidated net profit jumped to INR 55.2 crore from a loss of INR 97.7 crore in FY24.
Porter achieved the Unicorn status in May 2025. This milestone was driven by a Series F funding of $200 million which took the company’s valuation beyond $1 billion.
Latest Updates
Porter entered into Jupiter Electric Mobility’s Udaan program in January 2025 to guide its driver partners towards electric vehicles. It is a part of the company’s aim to cut costs by 6% through zero emissions.
In November 2025, Porter partnered with PayU India for seamless payments in logistics.
