Carrum Built A ₹233 Cr Business By Running Cars For Uber; Can It Grow Beyond One Platform?
Booking an Uber, Ola or a Rapido takes a few taps. But keeping thousands of cars available, drivers earning and…
Carrum Mobility, a Gurugram-based startup, has built a ₹233 crore business by managing vehicles for Uber. Founded in 2024 by Karan Jain, Carrum emerged after CarDekho acquired Jain's previous startup, Revv. With 5,500 vehicles in its fleet, Carrum has become India's largest supplier of Uber Black vehicles and facilitates around 35,000 rides per day, generating approximately ₹233 crore in revenue.
Jain, who previously co-founded self-drive rental startup Revv, recognized the potential of fleet management in India's ride-hailing market through conversations with former Uber colleagues. Carrum's business model revolves around its partnership with Uber, providing the platform with a large pool of ride demand while managing vehicles, drivers, and maintenance.
This model has helped Carrum build a network of 28,000+ driver partners and generate revenue through onboarding fees and vehicle maintenance, financing, and other fleet-related expenses. While Carrum has proven profitable since its first month of operations, its growth and sustainability hinge on its ability to diversify beyond its reliance on Uber.
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