CarterPorter Private Limited
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CarterPorter Private Limited - overview
Established
2017
Location
Bangalore, Karnataka, India
Primary Industry
Logistics & Distribution
About
CarterPorter Private Limited delivers comprehensive logistics solutions, focusing on freight forwarding, warehousing, and customs brokerage, to enhance efficiency in the supply chain for various industries. CarterPorter Private Limited, founded in 2017, operates from Bangalore, India. The company specializes in logistics services and has executed 8 deals to date. Ramya Reddy is the founder, while Harsha Nellore serves as the CEO.
Their latest funding round, which raised INR 7. 170 mn, was supported by Z Nation Lab, bringing the total amount raised to INR 7. 170 mn and the current company valuation to INR 593. 391 mn.
Carter Porter specializes in innovative logistics solutions and supply chain management, offering services such as freight forwarding, warehousing, and customs brokerage. Their approach addresses challenges like timely delivery and cost efficiency, primarily serving the manufacturing, retail, and e-commerce sectors. The company integrates advanced technology and data analytics to enhance their logistics solutions across key markets, including Southeast Asia and the Middle East. In 2023, Carter Porter reported a revenue of INR 289082.
8, with an EBITDA of -INR 266833. 7. The company's revenue model includes both B2B and direct-to-consumer engagements, generating income through partnerships that facilitate goods movement and service fees associated with logistics solutions. CarterPorter Private Limited is focused on expanding its product offerings and geographic reach.
The company plans to introduce new logistics solutions tailored for evolving market demands. Recent funding will support these initiatives, as they aim to enter additional markets in Southeast Asia and strengthen their presence in the Middle East by 2024.
Current Investors
Mumbai Angels, DBR Ventures, Sat Industries Limited
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services, Packaging, Web Applications
Website
www.carterporter.in
Verticals
Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
CarterPorter Private Limited - timeline of key events
CarterPorter Private Limited - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 515,594.8 | 6,388,227.2 | 8,999,073.6 | 5,693,158.6 | - | - | - |
| % Revenue Growth (YoY) | - | 1139.0% | 40.9% | (36.7%) | - | - | - |
| EBITDA (USD) | (4,449,625.4) | (6,269,968.9) | (24,354,807.3) | (5,750,507.6) | - | - | - |
| Operating Income (USD) | (5,554,193.4) | (7,769,789.9) | (25,686,985.3) | (6,945,777.6) | - | - | - |
| Operating Margin | (1077.2%) | (121.6%) | (285.4%) | (122.0%) | - | - | - |
| % EBITDA Margin | (863.0%) | (98.1%) | (270.6%) | (101.0%) | - | - | - |
| NET Income (USD) | (5,285,853.6) | (7,697,792.5) | (25,662,055.1) | (6,876,077) | - | - | - |
| % Net Margin | (1025.2%) | (120.5%) | (285.2%) | (120.8%) | - | - | - |
CarterPorter Private Limited - employee data
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