Uber invests $10M in Indian fleet operator Carrum at $168M valuation

Uber's $10 million investment in Carrum Mobility at a $168 million valuation signals its commitment to expanding its premium Uber Black service in India. With a fleet of over 5,100 vehicles, Carrum is Uber's largest fleet partner in the region, highlighting the strategic importance of strengthening its local partnerships. This move could help Uber solidify its market presence and drive growth in a competitive market, while also ensuring a reliable supply of high-quality vehicles for its premium service.