Business Standard

Logistics marketplace LetsTransport looks to enter 20 more cities by 2021

The company has raised $20 million in three rounds of funding

Co-founders Sudarshan Ravi, Pushkar Singh and Ankit Parasher
Premium

Co-founders Sudarshan Ravi, Pushkar Singh and Ankit Parasher

Nirmalya Behera
Logistics strategies not only promote positive results but also create value for customers. In India, the logistics sector is sprawling and plagued by multiple inefficiencies, leading to cost overrun and customer dissatisfaction. Intra-city logistics are no exceptions to the problems. 

Bengaluru-based LetsTransport, a tech-enabled logistics marketplace for intra-city deliveries, seeks to address these issues. Co-founded in April 2015 by Pushkar Singh, Sudarshan Ravi and Ankit Parasher, the company has raised Rs 100 crore from Bertelsmann India Investments, Fosun International and other investors.

“Pushkar and his team bring in a rare combination of deep sector expertise, great industry solutions and high entrepreneurial energy.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in