SmartShift Logistics Solutions Private Limited (Porter)
Technology · Logistics Tech
Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.
Indicative private-market reference — not an exchange quote. Not investment advice.
- Implied valuation
- Not available
- Revenue growth
- Not disclosed
- EBITDA margin
- Not disclosed
- Prospera Score
- Not yet scored
What the market says, and what we know.
Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.
No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.
- Research Universe — availableCatalogued as a strategically relevant private-market company.
- Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
- Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
- Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Indicative Private-Market Price History
Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.
Price history not available. No dated third-party quotes have been sourced for this company yet.
The business, in plain English.
Assembled only from records that exist for this company. Anything not disclosed says so.
- Founded
- 2014
- Headquarters
- Bengaluru, Karnataka
- Sector
- Technology · Logistics Tech
- Promoters
- Pranav Goel, Uttam Digga
What it does
Porter operates a tech-enabled marketplace connecting businesses and individuals with a network of verified truck, van and two-wheeler drivers for on-demand intra-city logistics, packers-and-movers services, and enterprise logistics contracts, earning commissions on bookings. It turned its first annual profit in FY25, posting a net profit of about Rs 55 crore on revenue of roughly Rs 4,306 crore, up 58% year-on-year.
Source: Medianama, Porter FY25 financialsWhy it matters
Competes with Uber (which also offers intra-city freight in some markets), LetsTransport, Borzo and BlackBuck in India's tech-enabled logistics and freight-matching space; Porter holds an estimated 60% share of the tech-enabled intra-city freight market.
Source: Not attributedOwnership structure
Backed by Kedaara Capital and Wellington Management (which co-led a $200 million Series F round), with earlier investors Vitruvian Partners, Kae Capital and Lightrock partially or fully exiting via secondary sales in that round
Promoters & principal holders: Pranav Goel, Uttam Digga
Private-market context
Unlisted unicorn; expected to list in 2026-2027 based on industry tracking, though no DRHP has been filed as of August 2026
What to understand before investing
- Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
- Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
- An expected IPO may be delayed, repriced or never happen at all.
- A good company can still be a poor investment at the wrong valuation.
Research is not yet complete for this company.
We would rather say that plainly than publish a page that looks finished.
No financials, no implied valuation and no peer comparison have been researched for this company yet.
No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.
What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.
What could go wrong.
Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.
Business
1 recorded riskAn earlier premature expansion into intercity logistics, a market already crowded with rivals like BlackBuck, contributed to sustained losses before the company achieved profitability only in FY25.
Source: Industry coverageWhat's happened, and why it matters.
Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.
- Other24 Sept 2025
Reports first full-year profit in FY25
Marks Porter's transition to sustainable profitability after an earlier costly and unsuccessful expansion into intercity logistics, strengthening its position ahead of an eventual IPO
Source: Medianama / Entrackr
Everything traceable.
Every figure on this page comes from one of the records below. Where a source published a link, it is here.
| Field | Source | As of |
|---|---|---|
| Business Description | Medianama, Porter FY25 financials | Not disclosed |
| Competitive Position | Not attributed | Not disclosed |
Interested in SmartShift Logistics Solutions Private Limited (Porter)?
Every option below opens a conversation with a person at Prospera. Nothing here places, reserves or executes an order.
We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.