VC Fund Investments

Car leasing co PumPumPum raises $2-M from LC Nueva, others

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Gurgaon-based used car leasing company PumPumPum has raised USD 2 million in equity from LC Nueva Investment Partners; LetsVenture; Founders Room Capital (which includes Manish Agarwal, Founder and CEO, Nazara Group; and Uday Sodhi, Ex Business Head of Sony Liv). PumPumPum provides used vehicle leases to corporate and retail customers. The company is currently present in Delhi-NCR and Bengaluru, but manages and services its fleet in over 55 cities.

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