LetsTransport, a Bengaluru-based logistics solution provider, announced that it has raised Rs 10 crore funding from Blacksoil Capital. Recently, the company had raised an investment of Rs 13 crore from InnoVen Capital.
Founded in 2015 by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi, and Ankit Parasher, LetsTransport 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.
“We are continuously scaling our network and improving our capabilities to help streamline urban logistics for enterprises in these trying times when enterprise businesses are increasingly looking to partner with organised logistics players to enable direct to consumer deliveries,” LetsTransport Co-founder and CEO Pushkar Singh, said.
“COVID-19 pandemic has shaken the world, and no industry is immune to it. Only those industries will survive that are able to transform themselves into an organised and tech-enabled industry, and intra-city logistics is one such space. We are excited to continue supporting the LetsTransport team on their journey to growth,” Blacksoil Co-founder and Director Ankur Bansal, said.
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.
LetsTransport aggregates light commercial vehicles for urban logistics and has onboarded 55,000+ truckers on its platform across 14 cities.
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