Uber Invests $7 Million in CarDekho-Backed Fleet Startup Carrum in India | Quick Digest

Uber Invests $7 Million in CarDekho-Backed Fleet Startup Carrum in India | Quick Digest
Uber has made its second significant startup investment in India, injecting $7 million into Carrum, a CarDekho-backed fleet management company. This Series A funding aims to expand Carrum's clean mobility fleet of CNG and electric vehicles across major Indian cities, deepening Uber's commitment to sustainable urban transportation.

Uber invests $7 million in Indian fleet management startup Carrum.

Carrum, backed by CarDekho Group, focuses on clean mobility (CNG/EVs).

This marks Uber's second major startup investment in India, after Everest Fleet.

Funding to boost Carrum's fleet expansion across India's urban centers.

Carrum currently operates over 3,000 vehicles on Uber's platform in five cities.

The investment supports Uber's strategy for diversified fleet supply and EV hedging.

Global ride-hailing giant Uber has announced a strategic investment of $7 million (approximately INR 63 crore) in Carrum, an Indian fleet management startup, marking its second significant startup bet in the country. This Series A funding round is aimed at bolstering Carrum's operations and expanding its fleet of compressed natural gas (CNG) and electric vehicles (EVs) across major urban centers in India. Carrum, founded in 2024 by Karan Jain, is backed by the CarDekho Group, which was an early equity investor following the acquisition of Jain's previous venture, Revv. Prior to this, Uber's primary startup investment in India was in Everest Fleet, its largest fleet partner, where it committed over $50 million through multiple funding rounds between 2023 and 2025. The investment in Carrum signals a shift in Uber's India strategy from a single-partner approach, aiming to diversify its fleet supply, mitigate risks associated with electric vehicle adoption, and enhance premium ride options. Carrum currently operates a fleet of over 3,000 CNG and electric vehicles and works closely with Uber in five key Indian cities: Mumbai, Bengaluru, Hyderabad, Pune, and Delhi. The startup emphasizes its commitment to decarbonization, claiming to have saved over 6,000 tonnes of carbon emissions through its green-first fleet approach. This investment reinforces Uber's deep engagement in the Indian market, focusing on sustainable mobility solutions and strengthening its operational backbone in a fiercely competitive environment. The strategic partnership will allow Carrum to scale its B2B mobility solutions, optimize fleet operations through technology, and contribute to India's low-emission transportation goals.
Read the full story on Quick Digest