PumPumPum has secured Rs 18 crore in Pre Series A funding.

PumPumPum (Dream Road Technologies Private Limited), a mobility startup has raised 18 crore in Pre-Series A equity funding round. This round was led by early-stage venture capital firm LC Nueva, in participation from Muffin Green and Anupam Finserv.

The company will be utilizing these funds in developing an asset-light leasing technology platform specifically made for corporate mobility solutions. 

This amount will be further invested towards platform development, and expanding B2B2C employee leasing partnerships, and strengthening OEM and dealer networks focussing towards new, used, and electric vehicle segments, thus diversifying operations in metro markets and scaling technology, sales, and customer support teams. 

About PumPumPum

PumPumPum earlier started as a used-car leasing company and has expanded its operations to offer leasing solutions for new, used, and also started involving electric vehicles. It provides services to corporates, SMEs, MSMEs and fleet operators across major metro cities like Delhi NCR, Bengaluru, Hyderabad, Mumbai, and Chennai.