Carrum Mobility raises $10M Series B led by Uber to expand India fleet operations

The B2B mobility platform will use the funding to grow its fleet, technology and Uber Black services across India. Carrum operates in six cities, has Chennai planned next and reports an annualised revenue run rate of about Rs 400 crore.

— Source publishedWed, 9 Sept, 2026, 18:10 IST·First seen Wed, 9 Sept, 2026, 18:19 IST·Source YourStory

What happened

Carrum Mobility raised $10 million in a Series B led by Uber to expand fleet operations, technology and Uber Black services across India. The profitable B2B

Key facts

  • $10 million Series B funding
  • $7 million initial Uber investment in January
  • Over 5,000 vehicles
  • Over 18,000 drivers
  • Annualised revenue run rate of around Rs 400 crore
  • Founded in 2024

Why this matters

Carrum’s expansion creates a potential partnership or acquisition-adjacent opportunity for fleet, EV, corporate-travel and mobility-tech players seeking scaled access to India’s premium B2B transport market.

What to watch

  • Formal Chennai launch date, initial fleet size and named commercial partners.
  • Evidence of new city launches or expansion beyond the current six-city network.
  • Uber product integration details, including whether Carrum inventory becomes more visible in Uber Black or Uber for Business offerings.
  • Changes in annualized revenue run rate, utilization, take rate, contribution margin or repeat enterprise-client metrics.
  • Vehicle procurement, leasing, EV adoption and chauffeur recruitment announcements.
  • Large corporate, hotel, airline, airport or retail-event transportation contracts.
  • Launch Chennai operations with anchor enterprise, hotel, airport-transfer or event-travel partnerships.
  • Increase Uber Black-aligned premium inventory and integrate booking, dispatch and service standards more tightly with Uber's ecosystem.
  • Use funding to acquire or lease vehicles, recruit chauffeurs and expand operations teams in current six-city footprint.
  • Pursue multi-city corporate mobility contracts that raise fleet utilization and reduce dependence on ad hoc bookings.
  • Invest in fleet-routing, utilization, safety and customer-service technology to protect margins during expansion.

Also reported by