Porter In Talks To Raise $100 Mn In Fresh Funding: Report

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SUMMARY

Porter is reportedly in discussions with Wellington Management and others for a fresh funding round

The company is looking to raise capital in a mix of primary and secondary sale

The new round is also expected to boost Porter’s valuation between $1.2- 1.4 Bn

Hyperlocal logistics startup Porter is reportedly in discussions with private equity firm Wellington Management and others for a fresh funding round.

A Mint report, citing sources familiar with the matter, said that the company is looking to raise $100 Mn…



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