Uber Invests $10M in Indian Fleet Operator Carrum at $168M Valuation
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Uber invested $10 million in Carrum Mobility, an Indian startup that already operates 5,100 vehicles and seeks more than double its fleet over the next 12 months. The operation raises the company’s post-money valuation to approximately $168 million and deepens the transport giant’s strategy to work with large operators, especially in its premium services.
Carrum Mobility Raises $10 Million From Uber to Expand Business
B2B fleet management startup Carrum Mobility has raised $10 million, or around Rs 96 crore, from Uber in its latest funding round. The investment marks Uber’s second bet on the startup this year and takes Carrum’s post-money valuation to around Rs 1,600 crore. The company plans to use the fresh...
Carrum Mobility secures Rs 96-Cr to scale fleet operations across India | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews
Carrum Mobility, a B2B fleet-management technology platform backed by CarDekho Group, has raised USD 10 million, or approximately Rs 96 crore
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