Bengaluru-based tech logistics startup LetsTransport on Friday acquihired Pixlcoders, a web and mobile development startup from Bengaluru. This acquisition is expected to help LetsTransport to augment its technology, supply chain and expand deeper across India.
The company in a statement said that Pixlcoders’ team of 10 tech-enthusiasts and its senior management will help build customised solutions such as user research, market validation, enriched UX, and branding.
As affirmed by Pushkar Singh, CEO of LetsTransport in the same statement…
“We are re-shaping the last-mile delivery for businesses in India, and mobile solutions are key to building the network and scale-up effectively. We welcome the team of PixlCoders on our rocketship, as we look to build momentum in 2020.”
Founded in 2015 by Ankit Parasher, Pushkar Singh, and Sudarshan Ravi, LetsTransport offers an inter-city aggregation of mini trucks and large vehicle for retail, FMCG and e-commerce enterprises with personalised ad-hoc features such as GPS-enabled vehicles, point-to-point billing, driver screening and more.
LetsTransport – in numbers
Since its launch, the company as accumulated over 44,000 truck owners and raised a total of $20.3 million across four funding rounds from multiple investors including GMO Venture Partners, Fosun RZ Capital, and Bertelsmann India Investments. With the acquisition of Pixlcoders, the company is aiming to on-board over 100,000 more truck owners by the next year.
“Bengaluru alone has 2.5 lakh trucks. Of that, we only have close to 10,000 trucks, which is barely scratching the market,” said Pushkar
A Bengaluru-based mobile and web development startup started in 2016 by Suresh P and Punam Garu. The company offers affordable customised software, digital products, e-commerce shops, and mobile applications
Founded in 2016 by Suresh P and Punam Garu, Pixlcoders offers affordable customised software, online stores and various digital products to businesses across domains. The company has clientele in India, US, UK and UAE.