- Lightrock completes a partial realisation of its investment in Porter, reaffirming a long-term partnership to support the company’s next phase of growth.
- Porter - a leading Indian on-demand goods transport platform - has transformed intra-city logistics for millions of MSMEs through its tech-driven marketplace.
- New investors join to back Porter’s continued expansion, innovation, and sustainability initiatives across India and international markets.
16 October 2025, London & Mumbai: Lightrock, a global investment platform that backs purpose-driven companies, today announces that Lightrock Growth Fund I (LGFI) has completed a partial realisation of its investment in Porter, a leading Indian on-demand Goods Transport Agency (GTA).
LGF1, which closed with US$900 million, invests in growth-stage businesses across Europe, Latin America, and India, focusing on the themes of People, Planet, and Productivity.
Porter has transformed intra-city logistics for millions of micro, small, and medium enterprises (MSMEs) since its establishment in 2014, addressing supply chain inefficiencies through its comprehensive online marketplace platform. The company's technology-driven approach has enhanced driver utilisation rates, minimised empty-leg journeys, and consolidated fragmented demand and supply dynamics across the logistics sector. Following Lightrock's strategic partnership beginning in 2020, Porter has accelerated its growth trajectory, establishing operations across three countries while diversifying its customer offering to meet evolving market demands.
Lightrock looks forward to maintaining its partnership with Porter while welcoming new investors and partners who will contribute to the company's continued growth. This strengthened foundation aims to enable Porter to pursue further market expansion opportunities while strategically allocating resources to technological innovation, operational excellence enhancement, and the development of environmentally sustainable business practices.
“Lightrock has been delighted with the team's exceptional execution ability, comprehensive understanding of the market and customer needs, as well as their strategic use of technology to create an ecosystem that positively impacts over a million workers and an even broader base of customers and MSMEs. We look forward to supporting their continued success with new partners.”