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Uber invests $10M in Indian fleet operator Carrum at $168M valuation

TechCrunchSeptember 9, 20263 min read

Carrum Mobility operates about 5,100 vehicles in India and is Uber's largest fleet partner for its premium Uber Black service in the country.

Uber has invested $10 million in Indian fleet management startup Carrum Mobility in a Series B round as the ride-hailing giant increases its reliance on large fleet operators to supply vehicles and drivers in the South Asian nation. The new investment values Carrum at ₹16 billion (about $168 million) post-money, founder and CEO Karan Jain told TechCrunch, up…

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