# LetsTransport funding: rounds and investors

> LetsTransport has raised $49M across 4 rounds since 2015. Investors include Fosun RZ Capital, Fosun RZ and IVC. Every round with its source.

Source: https://millionrounds.com/company/letstransport (Millionrounds; every figure on the page links to its filing or article)

India · [Series E startup](https://millionrounds.com/companies)

# Who invested in *LetsTransport*

4 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Logistics

Funding summary Updated 26 Oct 2026

**$49M** raised across 4 rounds since 2015, from 5 sources

**$1.3M** Seed **$12M** Series B **$14M** Series B **$22M** Series E

- **Latest round:** Series E, $22M Apr 2024
- **Step-up i:** 1.6×
- **Investors:** 13 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023

**$1.3M** Seed

**$12M** Series B

**$14M** Series B

**$22M** Series E

- **First round:** Seed, $1.3M
- **Biggest round:** $22M
- **Usual gap between rounds:** 3.2 years

## The rounds

- **Apr 2024** Series E **$22M** *3 new* [IVC](https://millionrounds.com/fund/ivc) [Alteria Capital](https://millionrounds.com/fund/alteria-capital) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Source recorded
- **Dec 2018** Series B **$14M** *5 new* [Fosun RZ Capital](https://millionrounds.com/fund/fosun-rz-capital) Lead [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) [Fosun Group](https://millionrounds.com/fund/fosun-group) [Blacksoil Capital](https://millionrounds.com/fund/blacksoil-capital) [Japanese investors](https://millionrounds.com/fund/japanese-investors) Reported by Indianweb2 and 1 other
- **Oct 2018** Series B **$12M** *1 new* [Fosun RZ](https://millionrounds.com/fund/fosun-rz) Lead Reported by Entrackr
- **Aug 2015** Seed **$1.3M** *4 new* [Rebright Partners](https://millionrounds.com/fund/rebright-partners) [Ankush Nijhawan](https://millionrounds.com/fund/ankush-nijhawan) [Gaurav Bhatnagar](https://millionrounds.com/fund/gaurav-bhatnagar) Manish Dhingra From a historical funding record

## Founders and team

From LetsTransport's own website: 2 founders, 2 on the team.

**Pushkar Singh** Co-founder & CEO

**Sudarshan Ravi** Co-founder & CPO

- **Parijat Rathore** CTO
- **Prateek Pujari** COO

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2015 **Series B** 2018 **Series B** 2018 **Series E** 2024 [Fosun RZ Capital](https://millionrounds.com/fund/fosun-rz-capital) L [Fosun RZ](https://millionrounds.com/fund/fosun-rz) L [IVC](https://millionrounds.com/fund/ivc) [Alteria Capital](https://millionrounds.com/fund/alteria-capital) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) [Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) [Rebright Partners](https://millionrounds.com/fund/rebright-partners) [Fosun Group](https://millionrounds.com/fund/fosun-group) [Ankush Nijhawan](https://millionrounds.com/fund/ankush-nijhawan) [Gaurav Bhatnagar](https://millionrounds.com/fund/gaurav-bhatnagar)

## Everyone who backed them

[Fosun RZ Capital](https://millionrounds.com/fund/fosun-rz-capital) VC firm **1** round, led 1

[Fosun RZ](https://millionrounds.com/fund/fosun-rz) Growth equity **1** round, led 1

[IVC](https://millionrounds.com/fund/ivc) VC firm **1** round

[Alteria Capital](https://millionrounds.com/fund/alteria-capital) Venture debt **1** round

[InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Venture debt **1** round

[Bertelsmann India Investments](https://millionrounds.com/fund/bertelsmann-india-investments) Corporate VC **1** round

[Rebright Partners](https://millionrounds.com/fund/rebright-partners) VC firm **1** round

[Fosun Group](https://millionrounds.com/fund/fosun-group) Corporate VC **1** round

[Ankush Nijhawan](https://millionrounds.com/fund/ankush-nijhawan) Angel **1** round

[Gaurav Bhatnagar](https://millionrounds.com/fund/gaurav-bhatnagar) Angel **1** round

[Blacksoil Capital](https://millionrounds.com/fund/blacksoil-capital) Growth equity **1** round

[Japanese investors](https://millionrounds.com/fund/japanese-investors) Growth equity **1** round

Manish Dhingra no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=letstransport).

## Also claim to have backed them

These 2 firms list LetsTransport as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners) Corporate VC 2016, per its site

[CAC CAPITAL](https://millionrounds.com/fund/cac-capital) Corporate VC Per its own site

## Quick answers about LetsTransport

### Who invested in LetsTransport?

LetsTransport's investors include Fosun RZ Capital, Fosun RZ, IVC, Alteria Capital and InnoVen Capital, and 8 more on record.

### How much has LetsTransport raised?

LetsTransport has raised $49M across 4 rounds since 2015.

### When did LetsTransport last raise?

LetsTransport's most recent round was a Series E of $22M in Apr 2024.

### What was LetsTransport's biggest round?

Its most recent round, $22M in Apr 2024, is also its largest on record.

### Who backed LetsTransport first?

LetsTransport's first round on record, in Aug 2015, was backed by Rebright Partners, Ankush Nijhawan and Gaurav Bhatnagar and 1 others.

### What stage is LetsTransport at?

LetsTransport's latest named round is a Series E, in Apr 2024.

### Where is LetsTransport based?

LetsTransport is based in India.

### Who led LetsTransport's rounds?

Fosun RZ led the Series B in 2018; Fosun RZ Capital led the Series B in 2018.

## Companies like LetsTransport

In the same sector, and raised in the last eighteen months.

[**GreenCell Mobility** $124M · Oct 2026](https://millionrounds.com/company/greencell-mobility)[**Airbound** $46M · Aug 2026](https://millionrounds.com/company/airbound)[**Yulu** $104M · Aug 2026](https://millionrounds.com/company/yulu)[**Ather Energy** $245M · Jul 2026](https://millionrounds.com/company/ather-energy)[**Ninjacart** $196M · Jul 2026](https://millionrounds.com/company/ninjacart)[**Aquapulse** $4.7M · Jun 2026](https://millionrounds.com/company/aquapulse)

## Find investors like these

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