Khaitan, Anagram act on Porter $200 million Series F fundraise

Bengaluru-based on-demand logistics platform Porter has raised $200 million from a Series F fundraise led by Kedaara Capital and Wellington Management.

Khaitan & Co advised Kedaara Capital on this fundraise. The Firm advised and assisted Kedaara in procuring unconditional approval from the Competition Commission of India for their investment in Porter.

The transaction team consisted of Anisha Chand (Partner), Alisha Mehra (Principal Associate), Rishabh Vohra (Senior Associate), and Ritika Ghosh (Associate).

Anagram Partners advised Wellington Management on this fundraise.

The transaction team was led by Simone Reis (Partner) and consisted of Shwetank Chaubey (Principal), Sarthak Parnami (Principal), Associates Rishabh Chhabaria, Sakshi Agarwal and Vaidehi Joshi.

Founded in 2014, Porter is a Bengaluru-based tech-enabled intra-city logistics and goods transport platform that connects businesses and individuals with on-demand trucks, two-wheelers, tempos and enterprise solutions to simplify urban deliveries.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.