Pranav is Porter’s proud yet humble owner, the market leader in India’s $40 billion intra-city logistics sector, which provides on-demand last-mile delivery. He is one of the many success stories inspiring millions throughout India.
From the very beginning, he was a passionate learner and enjoyed school. Pursuing his love for education and learning, he further went on to become a part of the prestigious institute, IIT Kharagpur. At Kharagpur, for the following five years, he completed his MSc in economics while building his personality into the businessman he is today.
Pranav Goel Career
He started his career as an Associate at Cognizant Technology Solutions in Gurgaon for six months, leaving the former organization to work as an Analyst at J.P. Morgan. While working here, he and his two friends decided to start their own business. They had many failed attempts, and after an arduous struggle, they established Porter in 2013. Around this time, MNCs such as Ola and Uber were looking toward the Indian market. The market was open for exploration, but the entry could have been better.
Pranav Goel Porter
Porter, India’s largest truck booking app, is the major success story of Pranav Goel. He started this company with his two friends, Uttam Digga and Vikas Choudhary, in Bengaluru in 2016. The IIT graduates revolutionized the logistics industry in India by introducing a user-friendly truck-booking app. With a combined experience of over two decades in the industry, the founders identified the need for an efficient and easy-to-use platform for booking trucks.
Their app, Porter, quickly gained popularity among businesses of all sizes due to its simplicity and efficiency. Users could book trucks with just a few clicks, and the app’s additional features, such as discounts and loyalty programs, further increased its appeal. Lately, Porter has become the leader in India’s $40 billion intra-city logistics market that connects companies with local truckers to provide last-mile delivery—serving more than 8Mn customers and impacting the lives of over 400K partner truckers across 15 cities in India.
India’s Developing market
Porter’s success in making goods transportation more efficient led to it becoming the largest truck-booking app in India. Their parent company, Gordian Technologies, is dedicated to ensuring the safe delivery of products through its innovative technology. As India fights to become a manufacturing hub, the transportation of raw materials and goods must be smooth. Therefore, logistic management is key to any infrastructure development. Pranav Goel has brought a revolutionary change in how lorry drivers and customers interact in India.
With the growing Indian economy, the logistics movement will grow, and Porter has a massive opportunity to expand its businesses in India and abroad in the upcoming few years. However, Pranav Goel denied any plans to expand outside India in the next two years as his focus remains on the Indian market. Recently Porter has raised over $150M from Tiger Global, Sequoia Capital, Vitruvian Partners, Light rock, Mahindra Group, and Kae Capital. This funding will help the company reach rural areas of India where the logistic limitations are a significant hindrance to growth.