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DriverShaab Secures Pre-Series A Funding Round

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DriverShaab obtained $340,000 (approximately ₹2.82 million) through pre-Series A funding from co-leaders Firstport Capital and Inflection Point Ventures (IPV) . The Kolkata based startup DriverShaab obtained previous funding worth $39,800 from IIMCIP and other investors.

A recent statement from DriverShaab explains that the obtained funds will help them grow their aggregation platform capabilities while boosting operational performance and developing their technology systems.

The 2019 founded DriverShaab operates as a platform that offers businesses on-demand driver services together with logistics support and employee transportation solutions through its operations. The startup applies technology to simplify its driver aggregation process which enhances operational reliability and efficiency for businesses throughout different industry sectors.

Market research indicates the Indian mobility market holds a worth of $900 million. Through its platform implementation DriverShaab has created a driver aggregation model which delivers quick deployments while reducing downtime and improving service reliability. The organization develops technology based answers which solve distinguished problems within driver services domain.

DriverShaab uses its technology based method to overcome challenges in driver staffing as well as operational problems and complex fleet administration requirements. The platform operated by the company enables transactions amounting to $3.2 million (approximately ₹26 million) which demonstrates robust interest from users in utilizing its framework.