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India's first Pre-owned Car rental Startup Pumpumpum perks up Rs. 2 Crore

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First pre-owned car leasing Startup in India, Pumpumpum has bagged Rs. 2 Crore in a fresh funding round directed by IPV -Inflection Point Ventures.

Earlier, the startup has uplifted $ 2 million in equity round with presence of diverse investors such as Founders Room Capital, LC Nueva Investment Partners, LetsVenture and others in the month of June 2022.

The acquired funding will be utilized to strengthen the operations of the venture, geographical reach & outcome, advance the technologies, and enhance the marketing activities & overall development of the organization.

Established in 2018 by Tarun lawadia & Sameer Kalra, the mobility-specialized startup PumPumPum works as a B2B2C & B2C pre-subscribed car leasing system. The startup presents an advanced platform based on subscription model that addresses the convenience, flexibility & affordability of the customers.

By means of integrating data analytics & technology into their solutions, the startup delivers a simplified, easy and customized experience for the accessibility & convenience of the consumers.

Similarly, earlier in this month, in a new funding round, the Inflection Point ventures (IPV) invested capital up to Rs. 14 crore which is probably $1.7 million in the prominent edtech startup MyCaptain which provides skill set courses for new age learners. The latest investment of IPV includes Onedioss, BonV Aero, AllTrak & others.