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. By leveraging technology to solve for fragmentation on the supply side, coupled with strong unit economics, we believe the company