PumPumPum raises Rs 18 crore in funding to build an asset-light leasing technology platform
PumPumPum, a used car leasing and now a full-stack B2B and B2B2C corporate mobility solutions provider, has raised Rs 18 crore in a pre-Series A funding round. Early stage venture capital firm LC Nueva led the round with participation from Mufin Green and Anupam Finserv. The startup will use the funds to accelerate the development of what it describes India’s first asset-light leasing technology platform, designed to unlock large-scale, capital-efficient growth in corporate mobility. It will deploy capital across advancing the asset-light fintech platform, expanding B2B2C employee leasing partnerships, strengthening OEM and dealer networks across new, used and EV segments, deepening presence in metro markets, and scaling technology, sales and customer success teams. PumPumPum said it has evolved from a used-car leasing company into a comprehensive corporate mobility platform offering leasing across new, used and electric vehicles. It serves corporates, SMEs, MSMEs and fleet operator...