Founded in 2015 by Pushkar Singh and Sudarshan Ravi Jha, LetsTransport has emerged as a beacon of innovation in India’s logistics sector.
Headquartered in Bangalore, the startup addresses the longstanding challenges of inefficiency, high costs, and a fragmented transportation network that has plagued businesses across the country for decades.
The Challenge
India’s logistics industry, valued at over $200 billion, has traditionally been characterized by a lack of organization and transparency.
With millions of goods needing to be transported every day, businesses often struggled with unreliable delivery times, rising operational costs, and the complexities of managing multiple vendors.
This inefficiency not only hinders the growth of businesses but also adds to the overall cost of goods, ultimately impacting consumers.
LetsTransport stepped into this landscape with a mission to create a streamlined logistics solution that would cater to various needs—from first-mile pickups to last-mile deliveries.
The startup has successfully developed an integrated platform that connects truck owners with businesses needing transportation services, thereby reducing friction in the logistics chain.
A Unique Approach
The company’s tagline, “Logistics, But Better,” encapsulates its commitment to improving logistics through technology and customer-centric services.
LetsTransport offers customized solutions across three critical logistics segments: first-mile, mid-mile, and last-mile.
- First-mile services ensure efficient seller pickups.
- Mid-mile logistics cover movements from warehouses to distribution centers and inter-store transfers.
- Last-mile solutions handle the final delivery from distribution centers to customers or retailers.
By providing tailored solutions such as per unit shipping and end-to-end managed services, LetsTransport enables clients to improve their operational efficiency and reduce costs.
The platform offers various vehicle types, from TATA Ace Closed trucks to Eicher Pro 1059 models, allowing businesses to choose the best fit for their specific shipping needs.
Impressive Growth and Milestones
Since its inception, LetsTransport has experienced significant growth, boasting over 55,000 truck drivers and serving more than 200 enterprises.
The company has successfully moved 15 million tonnes of goods across key cities in India, including Bangalore, Mumbai, Delhi NCR, Hyderabad, and Chennai.
The startup’s rapid expansion is marked by a series of strategic milestones:
- 2015: LetsTransport acquired Shifter, raised seed funding, and launched in Bangalore and Delhi within months of its founding.
- 2017: Expanded to Mumbai, featured in Forbes Asia 30 Under 30, and reached 100+ clients and 10,000 registered trucks.
- 2019: Expanded to multiple cities, grew to 50,000+ trucks, and introduced Fuel Cards and Insurance for truckers.
- 2020: Expanded nationwide and pioneered an Electric Vehicle (EV) fleet.
- 2021: Surpassed 100,000 registered vehicles and reached 1 million yearly bookings.
- 2022: Grew the EV fleet to 250+ vehicles and launched operations in Guwahati and Uttarakhand.
This continuous growth is a testament to the company’s robust business model and the increasing demand for efficient logistics solutions.
Enhancing Customer Experience
LetsTransport has distinguished itself in the market through a focus on customer experience.
The startup offers clients a 30% improvement in timelines and fulfillment, ensuring deliveries are made on time, every time. By optimizing logistics costs, clients have reportedly achieved savings of up to 20%.
Moreover, the platform empowers businesses with KPI visibility, enabling them to make informed decisions based on real-time data and insights.
This level of transparency is crucial in a sector where timing and efficiency directly impact the bottom line.
Supporting Trucking Partners
Recognizing the importance of its driving partners, LetsTransport also prioritizes their well-being and financial growth.
The company allows truck owners and drivers to operate as independent partners, offering the flexibility to work on a full-time or part-time basis.
Drivers who partner with LetsTransport can increase their earnings by at least 30%, thanks to a steady stream of trips and efficient service.
In addition, the company provides a suite of perks, including 24/7 partner support, driver training, personal accident coverage, and access to vehicle financing and fuel delivery services.
Looking Ahead
As LetsTransport continues to expand its footprint across India, the company remains committed to addressing the challenges within the logistics sector.
By harnessing technology and focusing on customer needs, it aims to transform the logistics landscape into a more efficient, cost-effective, and reliable service.
With the Indian logistics market projected to grow significantly in the coming years, LetsTransport is well-positioned to play a pivotal role in shaping the future of logistics in the country.
Through innovative solutions and a dedicated approach, it is not just changing the way goods move across the nation, but also setting new standards for efficiency and service in the logistics industry.
