In FY-2023, India spent more than 14% of its GDP on logistics costs. For context, this number was 10% in the case of China and 7-8% in the case of developed countries like the US and Japan. This shows how inefficient and expensive the Indian supply chain is when compared to other nations. Even countries like Vietnam and Thailand rank better than India when it comes to the Logistics Index.
Logistics determines how efficient an economy is. The cheaper and faster it is to move goods inside a country, the more productive it is going to be. In 2024, 90% of India’s logistics sector is still unorganized, and this situation was even worse 10 years ago when two college friends decided to start Porter. The primary problem they were trying to solve was simple yet significant: making intracity logistics efficient and cost-effective.
Their initial pitch was simple: “Book from us, we are 20% cheaper”. This pitch worked, and in less than a year, Porter had more than 500 business customers, processed more than 3,000 bookings a month, and had a monthly revenue run rate of 30 lakh rupees.
They developed an app that would allowed users to book trucks with just a few clicks. The app quickly caught on and Porter became the largest truck booking app in India. What makes Porter so popular is its simplicity and efficiency. The app is very easy to use and allows users to book trucks with just a few clicks. Additionally, Porter offers discounts and loyalty programs that make it even more attractive to users. They also focused on ensuring timely deliveries and efficient operations. They introduced GPS tracking, constant driver check-ins, and per-minute charges for loading and unloading to incentivize efficiency.
Porter expanded its services to include two-wheeler parcel delivery, and Packers and Movers, quickly becoming a leader in this segment as well.
B2C:
Criteria | User 1 | User 2 |
---|---|---|
Name | Avi | Dev |
Age & Sex | 22-26, Male | 26-32, Male |
Income Level | 20-25LPA | 20-25LPA |
Occupation | Corporate Lawyer | Growth Manager |
Life Status | Young Professional | In a relationship |
Geographic Location | Delhi NCR | Bangalore |
How do they spend time? | 1. Mostly at work | 1. Mostly at work |
What do they spend their money on? | 1. House expenses |
|
Pain Point | Forgetful. Often forgets his charger/tie/coat/notes at home | Moving-in with his girlfriend of 5 years. They're trying to furnish their house. Both of them are constantly scouting Facebook marketplace for used furniture (and a WhatsApp group!) |
Need | Quick, hassle-free, and safe delivery of whatever he's forgotten at home | Need help transporting furniture within the city |
Solution | Porter's Two-Wheeler Service | Porter's three-wheeler service |
Technology Adoption | Early Adapter | Tech-Averse |
Perceived Value of Brand | Has seen multiple three-wheelers driving around with the porter logo. Has heard good things from his friends about Porter. Known to be slightly expensive than other intracity delivery companies, it's quicker and safer than its competitors | While he prefers to support local businesses, people he's buying furniture from, recommend Porter because of their seamless pick-up and delivery |
Frequency of use case | 3-4 times/month | 1-2 times/month |
Average Spend on the product | 150 | 500-700 |
Value Accessibility to product | High | Medium |
Value Experience of the product | Excellent | Good |
B2B:
Criteria | ICP1 | ICP2 |
---|---|---|
Name | Yash | Bhanu |
Company Size | 3-5 employees | 7-10 employees |
Location | Chandigarh | Jaipur |
Funding Raised | No | No |
Industry Domain | Customizable Action figures | Fashion |
Use case | Need to pick-up products from the factory | Need to pick-up products from various suppliers in and around Jaipur |
Frequency of use case | twice/month | 8-10 times/month |
Organizational Goals | Create a website, then start Ads on meta | Increase RoAS on Ads, Optimize Website to increase Conversion% |
Preferred Outreach Channels | Has an instagram account; Currently users discover his account through hashtags and WoM | Meta Ads |
Growth of company | Has great plans to expand, because his user feedback is excellent, and he's seeing repeat orders already (despite starting his business only 8 months ago) |
|
Motivation | He's a final-year engineering student, and a geek when it comes to anime, marvel, and comics. He saw a gap in the market for good-quality and affordable action figures and started an instagram account to gauge the demand in the industry | Has really good products (because of a personal connection in the fashion manufacturing industry in Jaipur), wants to grow his business by optimizations mentioned above, and provide for his family |
Decision Time | Low; Yash takes all the decisions himself; his 'employees' are his friends who help with packaging and customer service | Medium; Bhanu has a business partner who is risk-averse and not a decision-maker. Every new strategy must be okay'd by both of them |
How do they deliver their products to their customers? | Uses post-office to do so. Comes with a lot of cons, but is the cheapest option out there | Uses a local vendor who Charges Re70 for orders across india (<500gm); Bhanu doesn't want extra work-load by having a staggered price model for delivery across regions |
*goals validated via user calls
Porter Onboarding Breakdown.pdf
Data to track:
(DAU - New user DAU)
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