Uber backs Carrum Mobility at Rs 1,600 cr valuation with $10M
Carrum Mobility, a B2B fleet technology startup running 5,100 vehicles across six cities, has secured $10 million from Uber. The funding values the company at approximately Rs 1,600 crore post-money, following a Rs 1,505 crore pre-money valuation.
Sources: economictimes.indiatimes.com
“Uber’s investment in a fleet-tech player signals growing consolidation in mobility infrastructure, contrasting with its past focus on ride-hailing dominance.”
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- Carrum Mobility raises $10 million from Uber at Rs 1,505 crore valuation — economictimes.indiatimes.com
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