CarDekho Group makes a strategic investment into Carrum

This investment by CarDekho aligns with its vision of creating a greener, more sustainable mobility ecosystem, the company said

e4m by e4m Staff
Published: Sep 5, 2024 3:29 PM  | 1 min read
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CarDekho Group, known for its services including CarDekho, BikeDekho, Gaadi.com, Zigwheels, PowerDrift, InsuranceDekho, rupyy, and Revv, will now expand its mobility portfolio through the investment into Carrum.

Carrum, a fleet management services company, was started in early 2024 by Karan Jain, ex-founder of Revv.
Amit Jain, Co-founder and CEO of CarDekho Group, stated, “As we build a comprehensive ecosystem of mobility solutions, our focus remains on reducing the carbon footprint across Indian cities while empowering the mobility needs of Bharat 2.0. Our investment in Carrum is not just about growth and expansion; it's about responsibility, innovation, and making a lasting, positive impact on society and the environment.”

Karan Jain, Founder, Carrum said, "This investment comes at the perfect time for us and after the initial set-up phase, will now allow us to start scaling up rapidly. With a strong partner in CarDekho, we can leverage the strength of the group to continue to innovate and expand our service offerings within the mobility sector. We are very focused on improving the lives of our driver partners which can benefit significantly by having CarDekho as our partner, to create long lasting impact at scale.”
Carrum has plans to scale to 2,000+ vehicles across all major cities before the end of FY25.

Published On: Sep 5, 2024 3:29 PM