Mobility Startup PumPumPum raises INR 18Cr in pre-Series A Funding

PumPumPum, a Gurugram-based mobility solutions provider, has raised ₹18 crore in pre-Series A funding led by LC Nueva. The funds will enhance their fintech platform, expand B2B2C partnerships, and strengthen OEM networks. Co-founded by Tarun Lawadia and Sameer Kalra, PumPumPum aims to modernize vehicle leasing, serving businesses in major metros. Their platform enables banks to deploy capital via technology, managing vehicle lifecycles with health monitoring and resale infrastructure. Growing at 70% YOY, they manage 1,000+ vehicles and have surpassed ₹100 crore in AUM, offering cost-effective alternatives to traditional car ownership using IoT for predictive maintenance.