Indian logistics startup Porter has made headlines with an impressive revenue of $518.7 million in FY25, marking a significant milestone in its journey as a key player in the intra-city logistics sector.
Based in Bengaluru, Porter has emerged as a leader in on-demand logistics, offering a multi-category platform through a single app that caters to businesses and individuals across more than 20 cities in India.
Porter's Meteoric Rise in the Logistics Sector
The company’s 57% revenue growth in FY25, as reported by various sources, highlights its ability to scale operations while meeting the rising demand for efficient last-mile delivery solutions.
Founded over a decade ago, Porter started with a mission to fix the fragmented logistics system in India, focusing on a ‘density’ model that prioritizes small businesses and operational efficiency.
Turning Profitable Amidst Challenges
In a remarkable turnaround, Porter reported a net profit of Rs 55 crore in FY25, a stark contrast to the Rs 96 crore loss it incurred in the previous fiscal year.
This profitability is attributed to strategic cost-cutting measures and an asset-light business model, positioning Porter as a logistics unicorn with a valuation between $1.1 billion and $1.2 billion after a $200 million Series F funding round earlier in 2025.
Impact on India’s Logistics and E-commerce Ecosystem
Porter’s success underscores the growing importance of intra-city logistics in supporting India’s booming e-commerce sector, which relies heavily on quick and reliable delivery networks.
The company’s growth also reflects broader trends in the Indian startup ecosystem, where operational efficiency and profitability are becoming critical benchmarks for investors amidst a competitive $800 million market.
Looking Ahead: Expansion and Innovation
With plans to raise an additional $100 million in a future funding round, Porter aims to further expand its footprint and enhance its technology stack to better support its gig workers and MSME clients.
However, the road ahead is not without challenges, as Porter faces stiff competition from players like Uber, Delhivery, and Rapido in the intra-city delivery space.
Despite these hurdles, industry experts remain optimistic about Porter’s future, citing its strong revenue trajectory and ability to adapt as key drivers of sustained growth.
As Porter continues to redefine logistics in India, its FY25 performance serves as a benchmark for innovation and resilience in a rapidly evolving industry.
Maria Lourdes
