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Funding · Mobility & Logistics

Carrum raises Series A from Uber

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Date
Company
Carrum Mobility
What it does
Fleet management and B2B mobility
Kind
Funding
Amount
Undisclosed
Stage
Series A
Based in
Gurugram
Founded
2024
Sector
Mobility & Logistics

What they do

Carrum provides fleet management and B2B mobility solutions using CNG and electric vehicles

What happened

It raised an undisclosed Series A round from Uber as a strategic investment

Why it matters

The company has been Uber's fleet partner since 2024 and claims profitability since inception

The details

  • Carrum raised a Series A round from Uber.
  • The investment amount is undisclosed.
  • Uber made this as a strategic investment.
  • Carrum will use the funds to add vehicles, expand to more cities, and strengthen technology and driver supply.
  • The company has been a fleet partner to Uber since 2024.
  • In June 2025, Carrum deployed over 250 SUVs for Uber Black in Delhi-NCR and Mumbai.

The bigger picture

  • Uber is diversifying its fleet partners amid tight driver supply and rising compliance requirements.
  • Carrum's data-driven fleet management helps improve driver availability and vehicle uptime.
  • The company claims to be profitable since inception with an annualised revenue run-rate of about ₹300 crore.

About the business

  • Carrum provides fleet management services and B2B mobility solutions.
  • Its fleet is CNG-first with a growing share of electric vehicles.
  • The company operates over 3,000 vehicles across Mumbai, Bengaluru, Hyderabad, Pune, and Delhi.
  • It uses data and technology to optimise fleet operations, driver availability, and vehicle uptime.
  • Carrum includes daily inspections, grooming, and SOP-led training for driver partners.
  • The company claims to have avoided over 6,000 tonnes of carbon emissions.
  • It has an annualised revenue run-rate of approximately ₹300 crore.
  • Carrum claims to be profitable since inception.

What happens next

  • Carrum plans to add vehicles to its fleet.
  • It will expand to more urban centres across India.
  • The company will strengthen its technology and driver supply capabilities.

The deal

Type
Series A

Investors

  • Uber (lead) — Uber is a global ride-hailing and mobility platform.
  • CarDekho Group (existing) — CarDekho Group is an automotive digital platform that invested in Carrum in September 2024.

Founders

  • Karan Jain, Founder & CEO

About Carrum Mobility

Product
Technology-led fleet management and vehicle deployment for CNG and electric fleets.
Customers
Fleet and mobility operators, including Uber and premium ride-hailing programs.
How it makes money
It likely earns fees from fleet management and vehicle operations for enterprise mobility clients.
What sets it apart
Technology-led operations focused on utilization and driver management, with a premium mobility use case.
Operations
Operates in five cities and manages a fleet of more than 5,000 vehicles and 18,000 drivers.

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