On-demand logistics platform ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/porter” target=”_blank”>Porter has closed a $200 million financing round led by private equity firms ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/kedaara-capital” target=”_blank”>Kedaara Capital and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wellington-management” target=”_blank”>Wellington Management — in a mix of primary and secondary transactions that saw early investors Peak XV Partners and Kae Capital exit from the company.People in the know said that the round was closed at a $1.1-$1.2 billion valuation, making Porter the first ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/unicorn” target=”_blank”>unicorn startup of 2025. Existing investor Vitruvian Partners also participated in the round.
Around $140-150 million of the total round was in secondaries, one of the…
