# CarterPorter Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carterporter-private

- Industry: Logistics & Distribution
- Headquarters: Bangalore, India
- Website: www.carterporter.in
- Total disclosed funding: $0.4M
- Latest round: Seed (Dec 10, 2019)
- Investors on record: 2

## 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.

## Funding rounds

- Seed, Dec 10, 2019, $0.1M — Mumbai Angels
- Seed, May 22, 2019, $0.4M — Mumbai Angels, DBR Ventures

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- DBR Ventures — Seed