Logistics startup Porter has appointed Gaurav Jain as chief financial officer. It also elevated Shubham Gupta to chief technology officer and Mohit Rathi to chief marketing officer. Jain joins from Amazon, where he spent more than 11 years.
Leadership backgrounds
Jain most recently served as director and head of finance for India operations and supply chain at Amazon. He is a chartered accountant with earlier roles at Shalimar Paints and Religare. Gupta joined Porter in 2015, and Rathi has spent over 11 years at the company.
Company and funding
Porter was founded in 2014 and is based in Bengaluru. It became a unicorn last year after raising $200 million at a valuation of about $1.1 billion to $1.2 billion. That round was led by Kedaara Capital and Wellington Management.
What Porter offers
Porter provides B2C and B2B logistics services, including enterprise goods movement, packers and movers, and intercity courier services. The platform connects customers with driver-partners for goods transportation. It also offers relocation support and enterprise-level goods management.
Porter reported net profit of ₹229 crore in FY26, up from ₹55.3 crore in FY25. Revenue grew to ₹6,650 crore from ₹4,306 crore in the previous fiscal year. Overall, the startup has raised more than $330 million to date.