CarDekho Group has strategically invested an undisclosed amount in Carrum, a fleet management services company.
Carrum, started in 2024 by Karan Jain, ex-founder of Revv, has quickly scaled its operations to manage over 500 vehicles in Bengaluru and Hyderabad. The company’s growth trajectory follows CarDekho’s acquisition of Revv in 2023, marking the group’s entry into the shared mobility space. The company plans to scale to over 2,000 vehicles across all major cities before the end of the financial year 2025.
CarDekho Group, valued at $1.5 billion, operates in various sectors including insurtech through InsuranceDekho, fintech through Rupyy, Revvv and content portals – CarDekho.com, BikeDekho, Gaadi.com, Zigwheels, PowerDrift will now expand its mobility portfolio through the investment into Carrum.
This move comes shortly after CarDekho partnered with SaaS platform BiUP Technologies through its investment arm, Girnar Vision Fund (GVF).
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.”
Amit Jain, Co-founder & CEO, CarDekho Group, said, “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.”
