LetsTransport
LetsTransport is a Bangalore-based digital logistics marketplace founded in 2015 that aggregates light commercial vehicles and connects independent truck drivers/fleet operators with enterprise customers (Amazon, Flipkart, Coca-Cola, Delhivery among others) for intra-city, mid-mile and last-mile freight across India. In February 2026, Bertelsmann Investments acquired an 80% majority stake in the company through its Bertelsmann India Investments fund (an investor since…
LetsTransport: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 24 Apr 2024 | Series E | $22 Mn | Bertelsmann India Investments ALES Global CAC Capital NB Ventures Rebright Partners Stride Ventures | source |
| 19 Jul 2023 | Series D | $25 Mn | Bertelsmann India Investments | source |
| 28 Dec 2020 | Series B1 | ₹55.87 Cr | ALES Global Investment Partnership Bertelsmann Nederland BV Mitsui Sumitomo Insurance Venture Capital Rebright Partners | source |
| 11 Oct 2018 | Series B | $12 Mn | Fosun RZ Capital Bertelsmann India Investments | source |
| 25 Jan 2017 | Series A | $4 Mn | GMO Venture Partners Neelesh Bhatnagar | source |
| 4 Aug 2015 | Seed | $1.3 Mn | Rebright Partners Ankush Nijhawan Gaurav Bhatnagar Manish Dhingra | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 10 Feb 2026 | Bertelsmann Investments | LetsTransport | Undisclosed | source |
| 10 Jun 2015 | LetsTransport | Shifter | Undisclosed | source |
News on LetsTransport
No coverage of LetsTransport linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on LetsTransport
Who founded LetsTransport?
LetsTransport was founded by Pushkar Singh, Sudarshan Ravi, Ankit Parasher, Prateek Pujari in 2015.
How much funding has LetsTransport raised?
LetsTransport has raised $71.8 Mn across 6 tracked funding round(s), most recently on 2024-04-24. Figures are compiled from cited public sources.
Who are the investors in LetsTransport?
Investors in LetsTransport include Bertelsmann India Investments, ALES Global, CAC Capital, NB Ventures, Rebright Partners, Stride Ventures, ALES Global Investment Partnership, Bertelsmann Nederland BV.
What does LetsTransport do?
LetsTransport is a Bangalore-based digital logistics marketplace founded in 2015 that aggregates light commercial vehicles and connects independent truck drivers/fleet operators with enterprise customers (Amazon, Flipkart, Coca-Cola, Delhivery among others) for intra-city, mid-mile and last-mile freight across India. In February 2026, Bertelsmann Investments acquired an…
Where is LetsTransport headquartered?
LetsTransport is headquartered in Bangalore, India.
What is LetsTransport's business model?
LetsTransport's core value proposition centers on Professional, economical, structured logistics, Disrupting the urban-logistics industry with technology.
How does LetsTransport make money?
LetsTransport's cited revenue streams include Usage-based logistics pricing (per packet/tonne/unit), Logistics services -- sole revenue source.