SmartShift Logistics Solutions Overview
- Year Founded
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2014
- Status
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Acquired/Merged
- Employees
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1,800
- Latest Deal Type
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Series F
- Latest Deal Amount
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$310M
- Investors
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8
SmartShift Logistics Solutions General Information
Description
Operator of an online logistics marketplace intended to offer a standardized service for the utilization of trucks. The company's platform permits businesses to book mini trucks/tempo from a fleet of vehicles as per the date and location, enabling businesses to have access to reliable and economical mini truck booking and letting them track their rides in real time.
Contact Information
Website
www.porter.in(Operating Subsidiary)
Corporate Office
- BCM Prime 1st Cross, BDA Layout
- Bannerghatta Main Road, New Gurappana Palya, Tavarekere Extension
- Bengaluru, Karnataka 560041
- India
Corporate Office
- BCM Prime 1st Cross, BDA Layout
- Bannerghatta Main Road, New Gurappana Palya, Tavarekere Extension
- Bengaluru, Karnataka 560041
- India
SmartShift Logistics Solutions Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC (Series F) | 09-Sep-2025 | $310M | Completed | Generating Revenue | ||
| 10. Later Stage VC | Completed | Generating Revenue | ||||
| 9. Later Stage VC (Series E) | 25-Oct-2021 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series D) | 11-Apr-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C1) | 06-Aug-2019 | Completed | Generating Revenue | |||
| 6. Merger/Acquisition | 23-Aug-2018 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 05-Apr-2018 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B3) | 17-Nov-2017 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 15-Dec-2016 | $3.94M | $10M | Completed | Generating Revenue | |
| 2. Early Stage VC (Series A) | 24-Jun-2015 | $5.55M | $6.03M | Completed | Generating Revenue |
SmartShift Logistics Solutions Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Series C1 | ||||||||
| CCCPS | ||||||||
| CCCPS | 248,917 | $1.337710 | $16.83 | $16.83 | $16.83 | 6.33% | ||
| CCCPS | 2,697 | $1.337710 | $841.63 | $841.63 | $841.63 | 0.07% |
SmartShift Logistics Solutions Comparisons
Industry
Financing
Details
SmartShift Logistics Solutions Competitors (12)
One of SmartShift Logistics Solutions’s 12 competitors is TheLorry, a Venture Capital-Backed company based in Shah Alam, Malaysia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| TheLorry | Venture Capital-Backed | Shah Alam, Malaysia | ||||
| ShipmentX | Accelerator/Incubator Backed | Sunnyvale, CA | ||||
| GOGOX | Venture Capital-Backed | Hong Kong, Hong Kong | ||||
| LogiNext | Venture Capital-Backed | Jersey City, NJ | ||||
| Lynk Logistics | Corporate Backed or Acquired | Chennai, India |
SmartShift Logistics Solutions Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
SmartShift Logistics Solutions Signals
Growth Rate
Growth
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Key Data Points
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Majestic Referring Domains
SmartShift Logistics Solutions Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Claris Capital | Corporate Venture Capital | Minority | ||
| Dominor | Venture Capital | Minority | ||
| Kae Capital Management | Venture Capital | Minority | ||
| Mahindra Partners | Corporate Venture Capital | Minority |
SmartShift Logistics Solutions FAQs
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When was SmartShift Logistics Solutions founded?
SmartShift Logistics Solutions was founded in 2014.
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Where is SmartShift Logistics Solutions headquartered?
SmartShift Logistics Solutions is headquartered in Bengaluru, India.
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What is the size of SmartShift Logistics Solutions?
SmartShift Logistics Solutions has 1,800 total employees.
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What industry is SmartShift Logistics Solutions in?
SmartShift Logistics Solutions’s primary industry is Logistics.
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Is SmartShift Logistics Solutions a private or public company?
SmartShift Logistics Solutions is a Private company.
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What is the current valuation of SmartShift Logistics Solutions?
The current valuation of SmartShift Logistics Solutions is .
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What is SmartShift Logistics Solutions’s current revenue?
The current revenue for SmartShift Logistics Solutions is .
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How much funding has SmartShift Logistics Solutions raised over time?
SmartShift Logistics Solutions has raised $439M.
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Who are SmartShift Logistics Solutions’s investors?
, Claris Capital, Dominor, Kae Capital Management, and Mahindra Partners are 5 of 8 investors who have invested in SmartShift Logistics Solutions.
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Who are SmartShift Logistics Solutions’s competitors?
TheLorry, ShipmentX, GOGOX, LogiNext, and Lynk Logistics are some of the 12 competitors of SmartShift Logistics Solutions.
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When was SmartShift Logistics Solutions acquired?
SmartShift Logistics Solutions was acquired on 09-Sep-2025.
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Who acquired SmartShift Logistics Solutions?
SmartShift Logistics Solutions was acquired by SmartShift (Business/Productivity Software).
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