Funding to accelerate green fleet expansion across Indian cities
Gurugram-based fleet management startup Carrum has raised an undisclosed amount in a Series A funding round from Uber. The fresh capital will be used to expand Carrum’s fleet and scale operations, the company said in a statement.
Launched in 2024 by Karan Jain, Carrum provides B2B mobility and fleet management services, with a focus on decarbonisation and sustainable transport. The company prioritises CNG and electric vehicles (EVs) to align with low-emission mobility practices.
Data-led fleet operations and profitability
Carrum leverages a tech and data-backed platform to optimise fleet utilisation, driver availability, and vehicle uptime. The startup also aims to address persistent driver and fleet management challenges while maintaining compliance across India’s mobility ecosystem.
Since inception, Carrum has maintained a strategic partnership with Uber, deploying over 3,000 vehicles on the platform. The company claims it has been profitable since inception and currently operates at an annualised revenue run rate (ARR) of Rs 300 crore.
Expansion plans and impact
Backed earlier by CarDekho Group, Carrum currently operates with Uber across Mumbai, Bengaluru, Hyderabad, Pune, and Delhi. As part of its expansion roadmap, the startup plans to extend operations to all major urban centres in India.
The company also highlighted its environmental impact, stating that its CNG-first fleet has helped save more than 6,000 tonnes of carbon emissions to date. The Series A investment from Uber is expected to further strengthen Carrum’s scale-up ambitions in India’s rapidly evolving green mobility landscape.
Keep building. Keep learning. Keep growing with StartupByDoc.