Lets Transport funding: raises Rs 13Crores from Innoven capital.

Innoven capital invested Rs 13Crores in a Bengaluru based logistics startup Lets Transport. Founded in April, 2015, Lets transport works on making logistics easy for everyone.

It facilitates professional, economical and structured logistics solutions for businesses as well as individual customers. It manages all the bookings through a mobile application with a presence in total 15 cities and more than 58,000 drivers. It works with light commercial vehicles. Some of its big clients are Amazon, Bisleri, Coca-Cola, Flipkart, Vishal Mega Mart and Udaan.

It also has some unique features like Screened Drivers, audited, GPS enabled vehicles, point to point billing, status updates and round the clock.

CEO and co-founder Pushkar says,

“ We continue to scale up our network and improve our capabilities as we help streamline urban transportation for enterprises, especially during these trying times when more and more business are partnering with organized logistics players to enable direct to consumer deliveries. We are happy to partner with Innoven in this Journey and look forward to a long relationship.”

The logistics market in India is forecasted to grow at a CAGR of 10.5% between 2019 and 2025. This industry provides employment to over 22 million people in India. With increasing e-commerce activities logistics sector is on high demand