Comment a startup's name, I'll share if it's promising or whatever I know
VC here. Doing this for fun. Don't take all views seriously.
GigglyRaccoon
Porter is getting aquired
Heard porter is getting acquired by Mahindra logistics. Anyone else heard this news?
8mo ago
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WigglyBanana
Stealth8mo
No, rumour
Asked a friend there
GigglyRaccoon
Flipkart8mo
Got to know it from a senior folk at porter, who is involved in acquisition discussion
SqueakyBiscuit
Swiggy8mo
Never believe in via via, my previous company had called an internal meeting to tell that the acquisition are rumours ,
But later 2 months after i left it got acquired for some hefty million dollars ðŸ«
CosmicQuokka
Paralleldots8mo
Unsurprising even if true, given that now they also own rivigo might be just a consolidation move.
GoofyWalrus
Atlan8mo
Wasn't it already merged long back with them long back?
WigglySushi
Porter8mo
Not true. It’s just a rumour.
Discover more
Curated from across
Porter Reports Rs 2,734 Cr Revenue in FY24; Losses Dip 45%
- Porter, an on-demand intra-city logistics company, saw its revenue spike 56% in FY24, crossing Rs 2,700 crore.
- The company managed to cut its losses by 45%, bringing them under Rs 100 crore.
- Fleet operator costs formed 82.8% of tot...
