India, Sept. 9 -- Months after it entered the unicorn club, logistics giant Porter is reportedly in advanced stages of raising an additional $100 Mn to $110 Mn in its extended Series F funding round.

The additional capital will take the total funding under this round to $300-$310 Mn, ET reported, citing sources. In May, Porter raised $200 Mn in its Series F round at a unicorn valuation of $1.1 Bn to $1.2 Bn. The report said that the additional funding is also being raised at the same valuation.

Of the total funding, around $250 Mn would be raised via secondary transactions and $50 Mn would be fresh fund infusion, the report added.

Inc42 has reached out to Porter for a comment on the development. The story will be updated on receiving r...