LetsTransport
- Company typePrivate
- Founded2015
- HeadquartersBangalore, India
- Headcount251–500
- GTM typeB2B
- OfferingServices
LetsTransport firmographics
Firmographics- Name
- LetsTransport
- Legal name
- Diptab Ventures Private Limited
- Website
- https://letstransport.in
- Company type
- Private
- Founded year
- 2015
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
LetsTransport industry classification
Industry- Product category
- Logistics Marketplace
- NAICS
- Taxi and Ridesharing Services (485310), Freight Transportation Arrangement (488510), Special Needs Transportation (485991), Other Support Activities for Road Transportation (488490)
- SIC
- Transportation Services (4700), Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210)
- akta.pro primary industry
- Spot Load Boards (Open Marketplace) (TLAEAJAA)
- akta.pro secondary industries
- On-Demand Microtransit (App-Based, Corner-to-Corner) (TLAFAJAA), Airport/Seaport Shuttle & Landside Connector Services (TLAFAJAE)
Keywords
Where LetsTransport is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
LetsTransport business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Marketplace / Transaction-based fees from shippers: Users pay the agreed fare plus parking, night surcharge, tolls and any applicable taxes/levies for booking trucks. LetsTransport collects the payment as a limited payment-collection agent for third-party providers, implying a marketplace/transaction take-rate model on each booking.
- Enterprise managed logistics services: End-to-end managed services for enterprise clients across first-mile, mid-mile, last-mile, per-unit and managed service offerings — including material handling and packaging — typically structured as recurring B2B contracts.
- Driver value-added services (financing, insurance, fuel): Monetization through attached financial products for driver partners: vehicle financing, personal loans and advances, insurance on EMI, fuel at doorstep, and personal accident coverage — generating referral / distribution fees from partner financial providers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Enterprise: quote-based on request |
| Usage-based | Pay-as-you-go | Individual / pay-per-booking |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
LetsTransport product offering
Product offeringCore offering
LetsTransport operates a tech-enabled asset-light logistics marketplace that aggregates independent third-party truckers and connects them with enterprises for first-mile, mid-mile, last-mile, per-unit, and managed intra-city goods movement. The platform serves 200+ enterprises (Amazon, Coca-Cola, Flipkart, Nestle, BigBasket, DMart, HUL, etc.) and a 55,000+ driver network across 20+ Indian cities, with real-time GPS tracking, a dedicated client dashboard, and an Android driver app as primary interfaces. It also offers specialized EV fleet services and driver value-added services such as fuel cards, insurance, and financing.
Product overview
LetsTransport operates a single integrated logistics marketplace platform (core product) operated by Diptab Ventures Private Limited, on top of which a set of service modules and complementary sub-products are delivered. The core LetsTransport Platform provides the booking, optimization, real-time tracking, and Third Party Provider management engine, served through three interfaces: a web-based LetsTransport Client Dashboard for enterprise customers, an Android LetsTransport Driver App for the 35,000–55,000+ driver partner network, and a public Track Your Package real-time tracking interface. The core platform delivers First-mile, Mid-mile, Last-mile, Per-unit, and Managed Logistics services as configurable service modules, with an additional Electric Vehicle (EV) Fleet Service line for first/mid/last-mile and EV markets. Layered on top of the platform are Driver Value-Added Services (Fuel Cards, Insurance on EMI, Personal Loans, Vehicle Financing, Fuel at Doorstep, Personal Accident Coverage), and a partnership with Bertelsmann's Arvato and Shiprocket for ecosystem expansion. The offering is being repositioned as LetsTransport Group (LTG), a tech-enabled logistics platform for enterprise and mid-market customers, following Bertelsmann's 80% majority stake acquisition.
Differentiator
Problem solved
Functional benefit
Products and services
- LetsTransport Enterprise Logistics Marketplace Core B2B/B2C logistics marketplace operated by Diptab Ventures Private Limited aggregating light commercial vehicles and connecting enterprises with independent truckers and driver partners for first-mile, mid-mile, last-mile, per-unit, and managed intra-city goods movement, with on-demand scheduling, real-time tracking, and transparent pricing.
- LetsTransport Driver App (Android) Android mobile application (in.letstransport.supply) for driver partners that provides trip notifications, inbuilt navigation maps, customer-care support, and access to value-added perks (fuel at doorstep, vehicle financing, personal loans, insurance on EMI, personal accident coverage).
- LetsTransport Client Dashboard Authenticated enterprise web portal at client.letstransport.in where enterprise clients book, manage, and track shipments, view billing, and access the LetsTransport logistics platform.
- Electric Vehicle (EV) Fleet Service Specialized EV fleet offering covering first-mile, mid-mile, last-mile and EV markets with 250+ EV vehicles, positioning LetsTransport as a pioneer in the Electric Vehicles revolution in India.
- Driver Value-Added Services (Fuel Cards, Insurance, Financing) Suite of value-added services for driver partners including fuel cards, vehicle and personal accident insurance, insurance on EMI, personal loans and advances, vehicle financing, and fuel at doorstep, designed to increase driver retention and earnings.
- Track Your Package (Real-time Shipment Tracking) Public package tracking interface backed by real-time GPS-based shipment visibility for individual shippers and enterprises, with all platform vehicles continuously tracked using mobile technology for security and shipment visibility.
Quantifiable outcome
- 30% improvement in delivery timelines and fulfillment for clients
- +3 more outcomes
Companies that use LetsTransport
Customer profileNamed customers19 records
Segments4 records
Ideal customer profiles3 records
LetsTransport technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature5 records
LetsTransport partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship controlling partner and ecosystem partner.
- Bertelsmann Next India (BNI)flagship controlling partnerBNI is Bertelsmann's new majority-owned operating-platform for India and LetsTransport (to be renamed LetsTransport Group / LTG) is its first investment. Founders retain full operational leadership; over the next few years BNI plans to add complementary businesses to the LTG ecosystem through organic growth and acquisitions, with access to Bertelsmann's global network.
- Shiprocketecosystem partnerShiprocket is identified as a fellow Bertelsmann portfolio company with which LetsTransport Group (under Bertelsmann Next India) will collaborate as part of the broader Bertelsmann supply-chain ecosystem.
- Arvatoecosystem partnerArvato (a Bertelsmann-owned supply chain / logistics services company) is named as part of Bertelsmann's global network that LetsTransport Group (under Bertelsmann Next India) will have access to, with the possibility of acquiring more assets across the supply chain including warehouses.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
LetsTransport competitors and assessment
Company assessmentDirect peers
- BlackBuck (Zinka Logistics): Bengaluru-based digital trucking marketplace aggregating truck owners and shippers across India, directly comparable to LetsTransport's asset-light trucker-aggregation model and enterprise focus, including a fintech layer for truckers.
- Rivigo: Indian tech-enabled logistics company providing relay-based trucking and full-stack supply chain solutions to large enterprises, comparable in enterprise GTM, focus on reliability and real-time visibility, and overlap with LetsTransport's mid-mile and managed services offerings.
- Delhivery: India's largest publicly listed tech-enabled logistics and 3PL platform, offering end-to-end supply chain, freight, and last-mile services to the same enterprise FMCG/e-commerce clients (Amazon, Flipkart, etc.) that LetsTransport serves, with overlapping intra-city and line-haul capabilities.
- Porter: Tech-enabled on-demand intra-city goods transportation marketplace for SMEs and enterprises in India, operating a similar two-sided model of aggregated mini-trucks and driver partners with real-time booking and tracking, directly competing with LetsTransport's SMB and managed intra-city services.
- Shadowfax: India-based last-mile and intra-city delivery network serving e-commerce, hyperlocal and enterprise clients, with a crowdsourced driver model analogous to LetsTransport's and overlap in e-commerce/FMCG enterprise customers.
Emerging players
- Shiprocket: Bertelsmann-backed Indian e-commerce shipping and logistics aggregator; now an explicit Bertelsmann ecosystem partner to LetsTransport under the BNI platform, with overlapping SMB shipper audiences and complementary e-commerce/3PL capabilities.
- Dunzo: Bengaluru-based on-demand urban logistics and quick-commerce player with overlapping intra-city vehicle-aggregation capabilities, serving a mix of enterprise and consumer customers in the same geographies as LetsTransport.
- LogiNext: Logistics SaaS / route optimization and visibility platform serving enterprise shippers and 3PLs in India, comparable in its technology layer (real-time tracking, analytics, route optimization) and enterprise customer base to LetsTransport's tech stack.
Broad incumbents
- Tata Motors (Commercial Vehicles / Fleet Solutions): India's largest commercial vehicle OEM with growing fleet management, telematics and electric CV offerings; an incumbent that intersects with LetsTransport's EV-fleet and asset-light urban logistics strategy, both as a supplier and as a potential competing ecosystem.
- Lalamove: Global on-demand intra-city delivery platform operating in multiple Asian markets including India, with a comparable light-commercial-vehicle aggregation model and enterprise/SMB shipper base, though at much larger geographic scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
LetsTransport social profiles
Digital presenceLetsTransport compliance and trust
Trust signalCompliance2 records
LetsTransport financial estimates
Financial estimateRevenue estimate
Valuation estimate
LetsTransport leadership team
Management profileNumber of profiles
Profiles9 records
LetsTransport subsidiaries and ownership
Company hierarchySubsidiaries1 record
LetsTransport funding detail
Funding detailFunding overview
Funding rounds12 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LetsTransport M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LetsTransport
What does LetsTransport do?
LetsTransport operates a tech-enabled asset-light logistics marketplace that aggregates independent third-party truckers and connects them with enterprises for first-mile, mid-mile, last-mile, per-unit, and managed intra-city goods movement. The platform serves 200+ enterprises (Amazon, Coca-Cola, Flipkart, Nestle, BigBasket, DMart, HUL, etc.) and a 55,000+ driver network across 20+ Indian cities, with real-time GPS tracking, a dedicated client dashboard, and an Android driver app as primary interfaces. It also offers specialized EV fleet services and driver value-added services such as fuel cards, insurance, and financing.
Is LetsTransport a public or private company?
LetsTransport is a private company. It is classified as corporate owned and is currently acquired.
When was LetsTransport founded?
LetsTransport was founded in 2015. It employs 251 to 500 people.
Where is LetsTransport based?
LetsTransport is headquartered in Bangalore, India, in the Asia region.
How does LetsTransport make money?
Three revenue lines are on record. Marketplace / Transaction-based fees from shippers are the primary driver. The others are enterprise managed logistics services and driver value-added services (financing, insurance, fuel).
Who are LetsTransport's main competitors?
Direct peers on record are BlackBuck (Zinka Logistics), Rivigo, Delhivery, Porter and Shadowfax. Emerging players are Shiprocket, Dunzo and LogiNext. Broad incumbents are Tata Motors (Commercial Vehicles / Fleet Solutions) and Lalamove.
Does LetsTransport have an API?
No public API is recorded for LetsTransport.
What industry is LetsTransport in?
LetsTransport's product category is Logistics Marketplace. Its primary akta.pro industry code is TLAEAJAA, Spot Load Boards (Open Marketplace), with a secondary code of TLAFAJAA, On-Demand Microtransit (App-Based, Corner-to-Corner). Its NAICS code is 485310 and its SIC code is 4700.