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Routematic Raises US$40 Million to Grow Its AI Transport Service

Written by: Aayushi ChaubeyUpdated on: May 8, 2025, 1:37 PM IST
Routematic raises US$40M to expand its AI-based transport, shift to EVs, open new centres, and help drivers earn better.
Routematic Raises US$40 Million to Grow Its AI Transport Service
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Routematic, a company that provides transport services for corporate workers, has raised US$40 million in Series C funding. The money came from two sustainability-focused investors—Fullerton Carbon Action Fund and Shift4Good.

Routematic Moving From Testing to Expansion

After working on its technology for 12 years, Routematic is now ready to grow. The company is gradually shifting “from the lab to the factory.” This means it is now ready to take its tested technology and use it on a much larger scale.

Electric Vehicles and New City Centres

With the new funds, Routematic plans to convert 30% of its vehicles to electric. In addition, it will set up 5 command centres—called Routematic Operations and Command Centres (ROCs)—in major Indian cities. These centres will help the company track and manage vehicles in real time.

How Routematic is Helping Drivers Earn More

Routematic works differently from other transport companies. Instead of just connecting drivers and riders, the company pays drivers for their time. Then, it helps them earn more by planning their trips smartly. This gives drivers a steady income and better work conditions.

Serving Corporate Clients with High Standards

Routematic already serves over 300 companies. Its AI platform ensures strong performance: 100% legal compliance, 95% on-time arrivals, and 100% on-time departures. This is especially important for large companies that depend on reliable employee transport.

Plans of Routematic by 2026

By 2026, Routematic wants to grow its fleet to 10,000 vehicles. Right now, its system is already handling 17,000 transport units for planning. So, the company feels confident about reaching its goal. It also plans to enter new areas like airport transfers to use its vehicles better.

Conclusion

With strong backing and clear goals, Routematic is ready to expand. Its focus on clean energy, smart technology, and fair driver pay sets it apart in the corporate transport space.

Read more on: India’s $100 Billion Startup IPO Boom: Flipkart, PhonePe & Oyo Eye Listings by 2027

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: May 8, 2025, 1:37 PM IST

Aayushi Chaubey

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