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

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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