Pushkar Singh, Founder of LetsTransport, told that the venture plans to expand into 10 cities this year with a focus on industrial towns. It has started operations in Delhi-NCR, Tiruchi and Chennai.
“There are over 900 small and medium logistics hubs or corridors in India and we are trying to tap at least 50 per cent of these over the next two years,” said Singh, who founded the company last year along with his IIT Kharagpur batch-mates— Sudarshan Ravi and Ankit Parasher,
The company is in advanced stage of raising Series A funding. Singh did not provide details on the plans, it could be anything between $5-10 million. LetsTransport.in offers customised logistics solutions and intra-city deliveries for B2B clients.
Source: Business Line
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