Success-story-of-porter three IIT students Start Business of Logistic Truck Service Earn Net Profit of 55 3 3 3 Crore Rupees Yoy-How 3 friends of IIT have started carrying goods; Net profit made of 55.3 crore

Success story of porter: Porter has earned a net profit of Rs 55.3 crore this year, in the last year 2024, there was a loss of 97.8 crores. In the last one year, the company’s revenue is seen to increase an increase of 57.5%. That is, the company has earned a revenue of Rs 4,306.2 crore from year to year. In the year 2024, his revenue was Rs 2,733.8 crore. Even if you get the income of Rs 35.4 crore from other sources, then the total consolidated revenue i.e. the overall revenue is Rs 4,341.6 crore. 56.9% more than the last year.

Those who do not know, tell them that Porter is a logistics company that acts like a Uber. In the same way Uber takes humans and goods from one place to another, similarly the truck is booked on the Porter app. Book the truck from the porter and send your luggage from one place to another. This is an app that gives both individuals and businesses to carry goods at the time of need to carry goods.

Porter’s success story
In 2014, Porter was started by three IIT friends. Actually, these three friends got the idea after seeing the “Uber for X” model. But before starting the work, he understood and studied well about the successful business models of companies like Uber. However, he realized that there is a big opportunity for it in the logistics sector. He saw that there is a lack of delivery services in the region. It is from here that he was involved in starting his company.

Using their IIT background, the three companions Pranav Goyal, Uttam Digga and Vikas Chaudhary started the Porter. So in this way the foundation of one of the top truck-booking platforms of India was laid.

Porter began with a champion idea-dealing with the challenges of last-mile logistics and making it easier to transport goods for businesses in cities. Their goal was to provide an on-demand solution that would help thousands of businesses to deliver the goods they need in times of their needs. Since then, Porter has expanded considerably, it increased the functionality of companies, gave opportunities for its partner drivers and now they are spread in 19 cities.

And this is just the beginning. His goal is to create the world’s best end-to-end logistics platform and change the future of transport logistics completely. On May 8, 2025, the company got the status of unicorn after its price was between $ 1.1 billion to $ 1.2 billion in the company’s latest funding round.