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, 24×7 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.
LetsTransport is investing in geographical and technological expansion and integrating technology to add more clients and for scaling up the company’s operations.