Gurugram-based PumPumPum serves companies and fleet operators across Delhi-NCR, Bengaluru, Hyderabad, Mumbai and Chennai.Corporate mobility solutions provider PumPumPum has raised ₹18 crore in a pre-Series A round led by LC Nueva with participation from Mufin Green Finance and Anupam Finserv.
The company will use the new funds to boost its fintech platform, expand leasing partnerships, strengthen OEM and dealer networks, deepen presence across metro cities and scale tech, sales and customer service teams.
“Our six years of execution have been focused on solving real pain points for both corporates and financial partners. Traditional asset-heavy models limit growth. Our asset-light platform changes the equation by enabling efficient capital deployment while delivering a seamless mobility experience,” said Tarun Lawadia, founder & CEO, PumPumPum.
While PumPumPum manages the cars end-to-end, its fintech platform allows banks and non-banking financial companies to provide capital to buyers.
The company currently manages over 1,000 vehicles and claims to have a 70 per cent annual growth.
“PumPumPum’s technology-first approach combined with their asset management expertise creates the operational efficiency the leasing market needs,” Kapil Garg, promoter, Mufin Green Finance.
Gurugram-based PumPumPum serves companies and fleet operators across Delhi-NCR, Bengaluru, Hyderabad, Mumbai and Chennai.
“We are proud to be early backers of Pumpumpum and remain very bullish on the opportunity. The company is building an asset-light, technology-led platform with deep integrations across lenders, insurers, corporates, and end customers,” said Sohil Chand, chief investment officer, LC Nueva.
Leave a Reply