LetsTransport,one of India’s largest trucking aggregators for enterprises, has announced itslatest funding round of US$22-mn led by long term backers, Bertelsmann IndiaInvestments. Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CACCapital, and others have further participated in the raise.

This raiseaccelerates LetsTransport in its journey to realize its mission torevolutionize India’s trucking industry by seamlessly aggregating India’s 10million+ fragmented truckers.

LetsTransport’splug and play platform allows it to offer its clients multiple assets acrossuse cases in last-mile, mid-mile, and EV space. The company is one of thelargest aggregators of commercial EVs in India.

Along withtremendous growth, LetsTransport has also been able to deliver SLAs of above 97per cent consistently for its clients. The substantial investment will beinstrumental in expanding its market presence, accelerating the company'sjourney to profitability, and enhancing its already robust suite of logisticsservices.

The start-up hasrapidly emerged as a key player in the logistics industry, leveragingtechnology to optimize and streamline the delivery process. It counts themajority of India’s blue-chip enterprises across sectors among its clients.

LetsTransport’sability to scale comes from its asset-light model and trucker-focusedtechnology. Their innovative platform connects businesses and fragmentedtruckers, providing reliable and cost-effective transportation solutions. Byharnessing the power of data analytics and cutting-edge algorithms,LetsTransport ensures that goods reach their destination on time, every time!