Fleet Management Startup Carrum Secures $7 Mn From Uber

SUMMARY

Following the funding, Carrum plans to expand its presence to cover all major urban centres in the country by expanding its fleet

Carrum operates a fleet of over 3,000 CNG and electric vehicles, and also manages its vehicles and drivers through tech-enabled performance monitoring

Besides Uber, which has also invested over $50 Mn in Everest Fleet, the startup also counts CarDekho Group among its investors

Fleet management startup Carrum has raised $7 Mn (about INR 63 Cr) in its Series A round led by global ride-hailing major Uber.

Carrum currently operates with Uber in five cities – Mumbai, Bengaluru, Hyderabad, Pune and
Delhi. Following the funding, Carrum plans to expand its presence to cover all major urban centres in the country by expanding its fleet.

Carrum was founded in 2024 by Karan Jain after his previous mobility venture Revv was acquired by CarDekho. The autoclassifieds major also became an early equity investor in Carrum in 2024. Its debt investors include Trifecta Capital, Girnar Capital, Shriram Finance and Northern Arc, among others.

“Carrum has been a reliable and forward-thinking fleet partner for Uber, consistently delivering high-quality vehicles and dependable service. This investment will help us better serve the Indian market by adding more high quality vehicles and enhancing overall customer experience,” Uber India and South Asia president Prabhjeet Singh said.

Carrum currently operates a fleet of over 3,000 CNG and electric vehicles. It also manages its vehicles and drivers through tech-enabled performance monitoring, and offers services like training and grooming classes for drivers working for Uber Black.

As per the startup, its decarbonisation initiatives have aided in saving a total carbon footprint of 6,000 tonnes.

Despite continuing losses, Uber has been ramping up its investments in India. It has invested over $50 Mn in Everest Fleet, which is its largest fleet partner in the country.

The ride-hailing platform remains the largest in India, rivalled primarily by Prosus-backed Rapido as Ola Cabs continues to lose market share. In 2025, Uber attempted several diversification strategies, including expanding its courier services by introducing Courier XL, piloting intercity motorhomes, and more recently, partnering with ONDC to tap the B2B logistics segment.