When was LetsTransport founded?

LetsTransport was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is LetsTransport located?

LetsTransport is headquartered in Bengaluru, India. It is registered at Work life Desk, Ground Floor, Plot No. 740, Phase 5 , Udyog Vihar, Gurgaon-122008, H, aryana, Gurgaon, Gurgaon, Haryana, India, 122008.

Who is the current CEO of LetsTransport?

Pushkar Singh of LetsTransport. They have also founded 1 company and are angel investors in 8 startups, including .

Which legal entities is LetsTransport associated with?

LetsTransport is associated with DIPTAB VENTURES PRIVATE LIMITED.

How many employees does LetsTransport have?

As of May 31, 2026, LetsTransport has 773 employees, reflecting a 67% year-over-year growth in headcount.

Is LetsTransport a funded company?

LetsTransport is a funded company, having raised a total of $92.6M across 17 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 04, 2015.

How much is LetsTransport worth?

The last known valuation of LetsTransport was ₹***** as of Sep 19, 2024.

When was the latest funding round of LetsTransport?

LetsTransport's latest funding was a $***** Series E round on Apr 24, 2024, with participation from 15 investors. Its primary sector is Logistics Tech. In India, the Logistics Tech sector has seen $182M in funding in 2026 to date.

What is the annual revenue of LetsTransport?

Annual revenue of LetsTransport is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does LetsTransport rank among its competitors?

LetsTransport ranks 1st amongst 1117 active competitors, of which 110 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Oorjaa, which secured $1M in Aug, 2026.

Who are the top competitors of LetsTransport?

LetsTransport's top competitors include OnFleet, FarEye and Bringg. Among them, Oorjaa secured the most recent funding round in August, 2026.

LetsTransport - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of logistics services for first mile and last mile. Operations include the movement of goods between warehouses, distribution centers, and retail locations. Services facilitate the transport of shipments through various stages of the supply chain. The business manages the distribution of freight using a fleet of vehicles to ensure the movement of cargo from origin to final destination.

Website: letstransport.in
Social
Email ID: *****@letstransport.in
Registered Address: Work life Desk, Ground Floor, Plot No. 740, Phase 5 , Udyog Vihar, Gurgaon-122008, H, aryana, Gurgaon, Gurgaon, Haryana, India, 122008

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Acquired

Total Funding

$92.6M in 17 rounds

Latest Funding Round

Series E, Apr 24, 2024, $*****

Last Known Valuation

₹***** as on Sep 19, 2024

Investors

Bertelsmann & 71 more

Ranked

1^st among 1117 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

773 as on May 31, 2026

Investment & Acquisitions

Salt & 2 more

Similar Companies

OnFleet & 362 more

Exit Details

Acquired by Bertelsmann Investments (Feb 10, 2026)

View LetsTransport's full profile

LetsTransport is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DIPTAB VENTURES PRIVATE LIMITED CIN: U74999HR2015PTC055197 , India, Active	Apr 20, 2015	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	773 (As on May 31, 2026)

LetsTransport got acquired by Bertelsmann Investments on Feb 10, 2026.

Click here to take a look at LetsTransport's acquisition in detail

LetsTransport has raised a total funding of $92.6M over 17 rounds. Its first funding round was on Aug 04, 2015. Its latest funding round was a Series E round on Apr 24, 2024 for $*****. 15 investors participated in its latest round. LetsTransport has 47 institutional investors and 25 angel investors.

Here is the list of recent funding rounds of LetsTransport:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 24, 2024	3756433	Series E	1009400	1360414	6035722	7284942
Mar 08, 2023	5311474	Series D	3366673	7009070	4090206	Tosamachineryandtools
Jul 21, 2022	1885214	Series C	9349059	9503392	Bertelsmann	Rebright Partners & 3 more

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View details of LetsTransport's funding rounds and investors

The founders of LetsTransport are Ankit Parasher, Pushkar Singh and Sudarshan Ravi Jha. Pushkar Singh is the CEO of LetsTransport.

Here are the details of LetsTransport's key team members:

Ankit Parasher: Former Co-Founder of LetsTransport and founder of 2 other companies, Salt and DoDukaan. They are also an angel investor in 3 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Pushkar Singh: Co-Founder & CEO of LetsTransport. They are also an angel investor in 8 startups and serve on the boards of 2 companies.
Contact Info: 1 email address
Sudarshan Ravi Jha: Co-Founder & CPO of LetsTransport. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 1 email address

LetsTransport's Board of Directors

LetsTransport's board has 6 active members. Pushkar Singh, Sudarshan Ravi Jha, Rohit Sood and Prateek Pujari are part of team and Pankaj Makkar and Jayesh Amar Bavle are independent board members.

Here is the list of LetsTransport's board of directors:

Name	Type	Representing	Status	Duration
Pushkar Singh	Team	-	Current	11y 4m
Sudarshan Ravi Jha	Team	-	Current	11y 2m
pvvopks	Team	-	Past	8y 3m
edmvjyg	Team	-	Current	1y 1m
btzufgo	Investor	-	Past	7y 4m
Jayesh Amar Bavle	Independent board member	-	Current	0y 9m
{cywpzj	Independent board member	-	Past	4y 7m

View details of LetsTransport's Founder profiles and Board Members

LetsTransport's employee count trend

LetsTransport has 773 employees as of May 26. The total employee count is 67.0% more than what it was in May 25. Here is LetsTransport's employee count trend over the years:

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Top competitors of LetsTransport include OnFleet, FarEye and Bringg. Here is the list of Top 10 competitors of LetsTransport, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LetsTransport 2015, Bengaluru (India), Acquired	Provider of logistics services for first mile and last mile	$92.6M	BlackSoil, Innoven Capital & 70 others	77/100
2nd	OnFleet 2012, San Francisco (United States), Acquired	Cloud based last mile delivery management software	$44.8M	Kayne Anderson Capital Advisors, StartX & 27 others	72/100
3rd	FarEye 2013, Chicago (United States), Series E	A technology company offering products and solutions for last-mile delivery management	$152M	Grocery Delivery E-Services USA, Dragoneer Investment Group ... & 60 others	70/100
4th	Bringg 2013, Tel Aviv (Israel), Series E	Provider of cloud and AI-based delivery management solutions	$184M	Ituran, Viola Growth & 16 others	67/100
5th	Instaleap 2015, Bogota (Colombia), Acquired	Platform for supermarkets, pharmacies and retailers to manage online delivery operations	$20.2M	Grupo Pegasus, Redwood Ventures & 2 others	65/100
6th	Oorjaa 2021, Mumbai (India), Series A	Intra-city and mid-mile logistics solutions	$4.22M	Beacon Trusteeship, Equentis Wealth Advisory Services ... & 103 others	64/100
7th	Shipday 2009, Menlo Park (United States), Series A	Provider of cloud-based delivery management solutions	$7M	Ibex Investors, ECP Growth & 1 others	62/100
8th	Sorted 2010, Manchester (United Kingdom), Acquired	Provider of software for delivery management and automated carrier allocation	$134M	Chrysalis, Praetura Ventures & 11 others	61/100
9th	Paxel 2018, Jakarta (Indonesia), Series C	Provides solutions for last-mile delivery management	$58.8M	Astra Digital, MDI Ventures & 8 others	61/100
10th	UniUni 2019, Richmond (Canada), Series D	Provider of e commerce parcel delivery management solutions	$222M	Bessemer Venture Partners, DCM Ventures & 23 others	59/100

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Looking for more details on LetsTransport's competitors? Click here to see the top ones

Founders own 9.01%, Funds own 24.51%, Enterprises (largest shareholder) own 48.60% and Angels own 1.14%. The net worth of LetsTransport's founders is INR 129Cr as of Sep 19, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	9.01%	129Cr	5547958	8923127	5569221	5524418
Pushkar Singh	9978291	5490310	8282948	2900905	9336651	4090363
Sudarshan Ravi Jha	3	6	1	7	7	1
Fund	24.51%	350Cr	4704136	1991237	5390528	1219861
Rebright Partners	4	3	8	2	3	1
Ales	1	5	3	8	6	2
Enterprise	48.60%	695Cr	3576308	6906789	2406715	3335780
Angel	1.14%	16.3Cr	4	3	7	1
Other People	1.59%	22.8Cr	2	5	6	7
ESOP Pool	15.15%	217Cr	3993080	2713898	4167065	3520260
Total	100.00%	1,430Cr	2755117	4201522	1312044	8660253

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of LetsTransport's Shareholding

LetsTransport has made 1 investment in Salt and acquired PixlCoders and Shifter.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 11, 2021	Investments	Salt	2019	Bengaluru (India)
Feb 28, 2020	Acquisition	PixlCoders	2017	Bengaluru (India)
Jun 10, 2015	Acquisition	Shifter	2014	Bengaluru (India)