Carrum Mobility raises $10 million in Series B led by Uber

Carrum Mobility, a B2B fleet management mobility platform has raised $10 million in a Series B round of funding led by Uber.

A statement said this transaction marks the second tranche of Uber's investment in Carrum Mobility, following its initial investment of $7 million in January this year.

The fresh capital will be deployed to accelerate expansion across existing and new geographies, strengthen the company's technology platform and scale operations.

The investment will also support the continued growth of both Carrum Mobility's core mobility offerings and Uber Black services across India.

Carrum Mobility Founder & CEO Karan Jain said, “Uber's continued investment is a positive reflection of the business we've built and the opportunity ahead.