Porter Acquires Logistics SaaS Platform Shipsy in $150 Million Deal
Intra-city logistics major Porter has acquired B2B logistics SaaS platform Shipsy in a $150 million cash-and-stock deal to expand its enterprise software footprint.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $150 M |
| Headquarters | Bengaluru, India |
| Sector | Porter |
| Coverage | Startup News |
Porter has acquired Shipsy in a $150 million transaction, marking one of the largest B2B logistics tech deals in India this year.
Deal Snapshot
Strategic Rationale
What Each Brings
Porter: 750,000 active driver-partners, 22 cities, ₹2,400 crore FY26 revenue, profitable since FY25
Shipsy: SaaS ARR of $28 million, 130% net revenue retention, presence in 30+ countries
Why It Matters
The deal signals consolidation in Indian B2B logistics tech, where standalone SaaS players have struggled to scale beyond mid-market without execution capabilities. Porter is positioning itself as a vertically integrated logistics OS for enterprise India.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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