Auto FinTech (Round Closed)
Auto FinTech
Official Website
Reports and Documents
₹ 12Cr.
Total Round Size
Equity
Mode
₹ 50Lakhs
Open for SAN Angels
₹ 162Cr.
Valuation (pre-money)
Company Overview
PumPumPum is India’s first used car & EV-focused leasing company. We provide car leasing (“Car as a service”) solutions to retail users, corporates, and startups. We are creating a sizeable secured investment opportunity for financial institutions like banks/NBFCs, family offices & HNIs. We are building an asset-light fintech mobility platform through a B2C & B2B2C approach.
About the Opportunity
Founders
- Tarun is an IIT Mumbai graduate with prior experience in successfully founding two startups.
- Sameer has 15+ years of car leasing experience.
Traction
- Growth 1000% in the last 2 years.
- EBITDA is positive (Last month’s MRR INR 2.3Cr).
- 75+ corporate partners & some marquee names like Snapdeal, Bira etc.
- 15+ NBFC partners & IDFC and ICICI as banking partners.
Round Details
- Total ask INR 12Cr @ INR 162Cr pre-money. (INR 6.075Cr commitment received from LC Neuva Capital & LV).
- Minimum Ticket Size INR 2Lakhs (Through Founders recommended AIF).
- Open for SAN Angels: INR 50Lakhs.