Funding · Mobility & Logistics
Carrum raises Series A from Uber
By Startup Enthusiast ·
- 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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