Company Intelligence Profile
Diptab Ventures Private Limited
Operating as LetsTransport, Diptab Ventures runs a tech-enabled first/mid/last-mile intra-city logistics marketplace connecting shippers with truck/vehicle owners.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Diptab Ventures Private Limited |
|---|---|
| CIN | U74999HR2015PTC055197 |
| PAN | AAFCD3098K |
| Status | Active (Compliant) |
| Listing | Not listed (unlisted private company; DPIIT-recognised startup) |
| Incorporated | 20 April 2015 |
| ROC | RoC Haryana |
| Sector (NIC) | Transport & Logistics — integrated last-mile/intra-city logistics and supply-chain marketplace (NIC code not explicitly disclosed by any source) |
| Registered address | Work Life Desk, Ground Floor, Plot No. 740, Phase 5, Udyog Vihar, Gurgaon – 122008, Haryana |
| Authorized capital | ₹140.24 crore |
| Paid-up capital | ₹130.2 crore |
Business Overview
Confirmed- Operating as LetsTransport, Diptab Ventures runs a tech-enabled first/mid/last-mile intra-city logistics marketplace connecting shippers with truck/vehicle owners
- Services include enterprise logistics, a truck-owner marketplace, EV fleet operations, fuel cards/insurance and finance programs for truckers, and package tracking
- Founded April 2015 by Pushkar Singh (CEO) and Sudarshan Ravi (CPO); claims 100+ enterprise clients (incl. Amazon, Flipkart, Delhivery per company site, figures as of ~2022), 100,000+ registered vehicles and ~1 million yearly bookings
Directors
Partial / conflictingPer TheCompanyCheck (5 current directors): Pushkar Singh (director since 20-Apr-2015, DIN 07108375 per Tofler — co-founder/CEO), Prateek Pujari (appointed 31-Jan-2025), Rohit Sood (appointed 01-Oct-2025), Pankaj Makkar (appointed 01-Oct-2025), Jayesh Amar Bavle (appointed 01-Oct-2025). DINs beyond Pushkar Singh's not obtained (Tofler paywalled). Note: co-founder Sudarshan Ravi(Jha), publicly described as CPO, does not appear in the current board list from TheCompanyCheck — likely an operating co-founder rather than a listed director, or a past director who has since exited the board; unconfirmed. Status: partial.
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 06AAFCD3098K1ZD | Haryana | AAFCD3098K (derived from GSTIN pattern; not independently confirmed by a source that discloses PAN directly — treat as partial) | - |
| 29AAFCD3098K1Z5 | Karnataka | AAFCD3098K (derived from GSTIN pattern; not independently confirmed by a source that discloses PAN directly — treat as partial) | - |
| 19AAFCD3098K1Z6 | West Bengal | AAFCD3098K (derived from GSTIN pattern; not independently confirmed by a source that discloses PAN directly — treat as partial) | - |
| 07AAFCD3098K1ZB | Delhi | AAFCD3098K (derived from GSTIN pattern; not independently confirmed by a source that discloses PAN directly — treat as partial) | - |
| 23AAFCD3098K1ZH | Madhya Pradesh | AAFCD3098K (derived from GSTIN pattern; not independently confirmed by a source that discloses PAN directly — treat as partial) | - |
Multiple GSTIN registrations found (aggregator-sourced, not individually verified on primary GSTIN lookup pages): 06AAFCD3098K1ZD (Haryana — matches registered address, likely primary), 29AAFCD3098K1Z5 (Karnataka), 19AAFCD3098K1Z6 (West Bengal), 07AAFCD3098K1ZB (Delhi), 23AAFCD3098K1ZH (Maharashtra) — i.e. at least 5 state registrations, consistent with pan-India logistics operations. PAN (derived from GSTIN characters): AAFCD3098K. Individual GSTIN status/active-dates not obtained (knowyourgst.com and findgst.in pages returned server errors during this session). Status: partial.
Financials
Partial / conflicting- Revenue ₹530.0 Cr (+35.2% YoY), Total Expenses ₹590.2 Cr (+16% YoY), PAT ₹(60.2) Cr loss, EBITDA ≈ ₹(20.7) Cr, Total Assets ₹212.1 Cr (+30% YoY). FY24: Revenue ₹392.1 Cr. A separately surfaced FY23 figure of Revenue ₹717.5 Cr / Loss ₹153.0 Cr is inconsistent with the FY24→FY25 growth trend and could not be verified against the primary Inc42 financials page in this session — flagged as a possible data/labeling conflict, not confirmed. Net worth and borrowings not obtained. Basis: standalone. Sources: inc42.com/company/letstransport/financials/, Startuppedia (loss figure). Status: partial
Funding
Confirmed- Series B: ₹100 crore (~$12M) from Bertelsmann India Investments and Fosun
- Series B extension: ₹56 crore (~$7.5M), same investor group
- Series E: $22M in April 2024, led by Bertelsmann India Investments with participation from Rebright Partners, NB Ventures, ALES Global and Stride Ventures
- Round names/investor identities corroborated across 2+ independent sources; exact valuation and total funding-to-date not obtained
- Status: confirmed (rounds), partial (valuation/totals)
Charges / Loans
Partial / conflicting- Open charges ₹297.32 Cr
- Satisfied charges ₹243.3 Cr. Major lenders: "Others" ₹293.42 Cr, HDFC Bank ₹3.40 Cr, HSBC ₹0.50 Cr. Lender-level detail beyond the "Others" bucket not obtained
- Status: partial
Legal / Litigation
Partial / conflicting- Indian Kanoon shows active/recent litigation: (1) Diptab Ventures Private Ltd vs Central Board Of Direct Taxes And Others — Punjab & Haryana High Court, 8 Apr 2025 (tax matter)
- (2) Diptab Venture Private Limited vs Mahindra And Mahindra Financial Services Ltd — a recurring matter before the Bombay High Court with multiple listed hearing dates (13 Mar 2026, 18 Apr 2026, 4 Apr 2026, 15 Jul 2026) — appears to be vehicle-finance/loan-related litigation with an NBFC; exact subject matter and outcome not obtained (only case titles/dates surfaced, not full judgments)
- (3) Diptab Ventures Pvt. Ltd. named as the transporter (third party) in Mintu Gowala vs The State Of Bihar, Patna High Court, 28 Apr 2026 — appears incidental, not a party in its own right
- Full case texts not read; status: confirmed (existence of litigation), details partial
Competitors
Partial / conflictingFrequently Asked Questions
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