13 April 2024 – Inflection Point Ventures has disclosed a 2 crore rupee investment in Pumpumpum, a Fintech mobility business. The money will be used to expand the enterprise’s operations, geographic reach, technological developments, marketing campaigns, and general organizational development to increase exposure and ensure long-term success.
Established in 2018 by former IIT graduates Tarun Lawadia, the founder and CEO, and Sameer Kalra, the co-founder and chief financial officer, who are both focused on providing flexible and reasonably priced mobility options. They work together to steer Pumpumpum’s strategic expansion and operational excellence by combining their unique industry experience.
PumPumPum’s unique B2B2C & B2C pre-owned car leasing model accounts for its unique position in the Fintech mobility space. Unlike other new car leasing models and traditional ownership, PumPumPum is a subscription-based platform that puts the needs of its customers first, with an emphasis on cost, convenience, and flexibility.
Conclusion
PumPumPum serves all of India’s regions and operates nationally in the sizable pre-owned car leasing market. PumPumPum’s dedication to offering statewide coverage is consistent with its objective of offering pre-owned car leasing solutions that are both creative and convenient to a diverse range of clients, thereby solidifying its position as a major player in the Indian automotive industry.
