Mahindra SmartShift
Latest round
- Series E
Last raised
- Nov 2021
Total raised
- $142M
Investors
- 12
About Mahindra SmartShift
Based in Bangalore, India, and founded in 2014 by Pranav Goel, Uttam Digga, and Vikas Choudhary, SmartShift Logistics Solutions Pvt.a.a. Porter, is an online logistics marketplace that allows users to book different types of vehicles for intra-city pickups and deliveries. In October 2018, Mahindra-owned logistics marketplace SmartShift merged with startup Porter. Mahindra SmartShift was formed from the merger of SmartShift and The Porter.5 billion post-money. SmartShift Logistics provides a platform to address inefficiencies in the last mile logistics sector and transform the way goods are transported around cities, enabling lakhs of businesses to move anything on-demand. The company provides its services, such as city tempo, packers and movers, and Porter for the enterprise. It also provides packers and movers services for house shifting on its platform. In addition, SmartShift Logistics provides a mobile application for customers to book on-demand logistics services to ship goods within their city. The company generates revenue by charging customers for hiring a porter truck and porter bike based on the number of kilometers traveled, and type of vehicle.
Who invested in Mahindra SmartShift
12 investors across 7 rounds
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Funding rounds
Series E
Nov 11, 2021
Amount
$101M
Investors
Series D
Apr 10, 2020
Amount
$18M
Investors
Series C
Aug 6, 2019
Amount
$9.7M
Investors
Series B
Dec 13, 2016
Amount
$4.6M
Investors
Series B
Jul 12, 2016
Amount
$2.5M
Investors
Series B
Jun 10, 2015
Amount
$5.5M
Investors
Series A
Feb 20, 2015
Amount
$0.2M
Investors
Questions about Mahindra SmartShift
Who invested in Mahindra SmartShift?
Mahindra SmartShift has 12 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mahindra SmartShift raised?
Mahindra SmartShift has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Mahindra SmartShift last raise money?
Mahindra SmartShift's most recent round on record is a Series E, in Nov 2021.
What does Mahindra SmartShift do?
Based in Bangalore, India, and founded in 2014 by Pranav Goel, Uttam Digga, and Vikas Choudhary, SmartShift Logistics Solutions Pvt.
Where is Mahindra SmartShift headquartered?
Mahindra SmartShift is headquartered in Bangalore, India.
Which VCs invest in companies like Mahindra SmartShift?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at Mahindra SmartShift's stage. Their profiles are linked below.
VCs backing internet startups at Series E
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