India, July 8 -- The Competition Commission of India (CCI) has approved Kedaara Capital's plan to invest in hyperlocal logistics startup Porter.

Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF, both investment arms of Kedaara, will jointly acquire a stake in the company.

Porter offers logistics services across India, mainly focusing on intra-city transport and last-mile delivery.

The CCI said a detailed order will be issued later.

This move comes as Kedaara continues to back growth-stage companies in India's logistics and tech sectors.

This regulatory nod follows Porter's successful closure of a $200 Mn Series F funding round in May 2025, which was co-led by Kedaara Capital and Wellington Management, with continued investmen...