CarDekho Group Makes Investment In Fleet Management Service Carrum

Carrum, a fleet management services company, said, it got a strategic investment from CarDekho Group on Thursday. Carrum, started in 2024 by Karan Jain, ex-founder of Revv, said that it is on the road to its goal of decarbonisation, driving efficiency in the fleet management business and improving the livelihood of thousands of driver partners.

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.”

In less than three months of the operations, the brand claimed to have scaled to over 500 vehicles, across Bangalore and Hyderabad and is already profitable and cash flow positive.

Amit Jain, Co-founder & CEO, 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.”

CarDekho Group, known for its wide array of services including CarDekho, BikeDekho, Gaadi.com, Zigwheels, PowerDrift, InsuranceDekho, rupyy, and Revv, will now expand its mobility portfolio through the investment into Carrum.

As per a press release, Carrum has plans to scale to more than 2,000 vehicles across all major cities before the end of FY25.