Corporate mobility startup PumPumPum, founded by Tarun Lawadia and Sameer Kalra, has raised ₹18 crore in pre-Series A funding led by LC Nueva Capital, with participation from Mufin Green Finance and Anupam Finserv. The company is scaling its asset-light leasing platform across new, used, and EV segments as demand for tech-led corporate mobility accelerates.This isn’t just capital infusion.It’s validation of a new leasing model.
Why This Matters
India’s corporate mobility and leasing market is evolving with:
- Rising preference for asset-light, capital-efficient models
- Growing EV adoption within enterprise fleets
- Demand for integrated, tech-led fleet management
- Need for scalable platforms across lenders, insurers, and corporates
Leasing is shifting from ownership to infrastructure.
From Funding to Scale
With this round, PumPumPum is positioned to:
- Expand fleet coverage across ICE and EV categories
- Strengthen integrations with financial and insurance partners
- Scale operations beyond 1,000+ vehicles and ₹100 crore AUM
- Deliver predictable, frictionless mobility for enterprises
Its 70% YoY growth reflects structural demand.
Strategic Takeaways
1. Asset-Light Models Unlock Scale
Capital efficiency accelerates market expansion.
2. Corporate Leasing Is Going Mainstream
Enterprises want flexibility, not ownership.
3. EVs Fit Naturally into Leasing Platforms
Technology bridges transition risk.
As corporate India rethinks fleet ownership, PumPumPum’s raise signals a shift toward technology-led, asset-light mobility infrastructure. The platform is positioned to become a core enabler of enterprise mobility, spanning traditional and electric vehicles at scale.This isn’t just a funding round.It’s a category maturation signal.
