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cardekho Group has made an investment in Carrum, a fleet management services company, in order to enhance its mobility portfolio.
In early 2024, Karan Jain, the former founder of Revv, established Carrum, which has since expanded to more than 500 vehicles in Bengaluru and Hyderabad.
In 2023, CarDekho acquired Revv in an effort to foray into the shared mobility sector.
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CarDekho Group is currently valued at $1.5 billion. The company operates Companies in Insurtech through insurancedekho, Fintech through Rupyy, and content portals such as CarDekho.com and BikeDekho.
Amit Jain, Co-founder and CEO of CarDekho Group, said: “As we build a comprehensive ecosystem of mobility solutions, our focus remains on reducing the carbon footprint across Indian cities while empowering the mobility needs of Bharat 2.0. Our investment in Carrum is not just about growth and expansion; it's about responsibility, innovation, and making a lasting, positive impact on society and the environment,”
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