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CarDekho Group Backed Carrum Secures Series A Investment from Uber to Scale Operations

Written by: Team Angel OneUpdated on: 14 Jan 2026, 6:45 pm IST
Fleet management startup Carrum has raised Series A funding from Uber to expand its CNG-led clean mobility operations across major Indian cities.
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Carrum, a technology-led fleet management startup backed by the CarDekho Group, has secured Series A funding from Uber as it looks to accelerate the expansion of its clean mobility fleet across India, as per news reports.  

The investment strengthens the existing partnership between the two companies and supports Carrum’s plans to scale operations in large urban markets. 

Capital Infusion to Drive Urban Fleet Expansion 

Founded in 2024, Carrum currently operates a fleet of over 3,000 vehicles across Tier 1 cities, working closely with Uber to provide reliable, scalable mobility solutions.  

The fresh capital will be deployed to add more vehicles, deepen city-level operations and support expansion into additional urban centres beyond its current footprint of Mumbai, Bengaluru, Hyderabad, Pune and Delhi. 

The company follows a CNG-first strategy, which has helped reduce carbon emissions by more than 6,000 tonnes so far, aligning with India’s broader clean energy and sustainable transport objectives. 

Management Commentary on Strategic Partnership 

As per news reports, Karan Jain, founder and chief executive officer, Carrum, said: “This investment marks an important milestone in our journey, as we expand the horizon of our partnership with Uber. Our shared commitment to technology-led mobility and customer-first solutions makes this partnership especially meaningful.” 

Amit Jain, co-founder and chief executive officer, CarDekho Group, said: “Carrum represents the next chapter in India’s mobility evolution, where technology, sustainability and ecosystem innovation come together to drive meaningful impact. As an early backer, we have witnessed their disciplined execution and deep understanding of the urban mobility market.” 

Prabhjeet Singh, president, Uber India & South Asia, said: “Carrum has been a reliable and forward-thinking fleet partner for Uber, consistently delivering high-quality vehicles and dependable service. Our investment reflects the trust we’ve built and our belief in Carrum’s potential to scale sustainably.” 

Read More: Shadowfax IPO Set to Open on January 20: Price Band Set at ₹118–₹124 Per Share! 

Conclusion 

With Uber’s strategic backing, Carrum is positioned to accelerate fleet expansion, strengthen its clean mobility model and scale across India’s major cities. The investment underscores growing confidence in sustainable, technology-driven fleet platforms as India’s urban mobility ecosystem continues to evolve. 

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: Jan 14, 2026, 1:15 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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