DriverShaab, a provider of business-to-business (B2B) mobility solutions, has raised Rs 2.82 crore in a pre-Series A funding round led by Inflection Point Ventures (IPV) and Firstport Capital.
In the past, the Kolkata-based business has raised $39.8K from IIMCIP and other sources.
According to a press release from DriverShaab, the money raised will be used to expand its driver aggregation platform, improve operational excellence, and fortify its technological infrastructure.
DriverShaab, which was founded in 2019 by Avijit Das, provides businesses with employee transportation options, logistics support, and on-demand driver services. The startup uses technology to simplify driver aggregation, increasing operational efficiency and dependability for businesses in a variety of sectors.
The mobility market in India is estimated to be worth $900 million based on market research.
By using technology to expedite driver aggregation, DriverShaab guarantees smooth deployment, decreased downtime, and improved service dependability. The platform streamlines fleet operations for businesses by simplifying the driver aggregation model. The company wants to address the particular difficulties of driver services by developing tech-driven, seamless solutions.
With its tech-driven approach, DriverShaab tackles fleet management complexities, operational inefficiencies, and driver supply issues. Since its launch, it has facilitated transactions totaling Rs 26 crore, indicating a high level of demand and platform adoption.
