{"id":372759,"date":"2026-01-15T12:30:50","date_gmt":"2026-01-15T07:00:50","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=372759"},"modified":"2026-01-15T12:35:27","modified_gmt":"2026-01-15T07:05:27","slug":"cyril-amarchand-mangaldas-advises-uber-investment-carrum-mobility","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/15\/cyril-amarchand-mangaldas-advises-uber-investment-carrum-mobility\/","title":{"rendered":"Cyril Amarchand Mangaldas advised Uber Technologies, Inc. on its investment in Carrum Mobility Solutions Private Limited"},"content":{"rendered":"
\n

Cyril Amarchand Mangaldas (“CAM<\/span>”) advised Uber Technologies, Inc. on its investment in Carrum Mobility Solutions Private Limited (“Carrum<\/span>”) through its wholly owned under subsidiary, Uber India Systems Private Limited (“Uber<\/span>”). The investment is contemplated in two tranches. Founded in 2024, Carrum is India’s fastest growing fleet-tech company with a fleet of EV and CNG vehicles operating in various metropolitan cities across India.<\/p>\n

The transaction team was led by Ravindra Bandhakavi<\/span>, Senior Partner;<\/span> Anandita Kaushik<\/span>, Partner;<\/span> with support from Akshat Parmar<\/span> Principal Associate;<\/span> Shreya Shenolikar<\/span>, Senior Associate;<\/span> Ketan Jain<\/span>, Associate;<\/span> Mahima Nair<\/span>, Associate;<\/span> Aeruva Akash<\/span>, Associate;<\/span> Saumya Rai<\/span>, Associate;<\/span> Manav<\/span>, Associate;<\/span> Anhad Mehta<\/span>, Associate;<\/span> Induja Sharma<\/span>, Associate;<\/span> and Srilagna Dash<\/span>, Associate.<\/span><\/p>\n

Vijay Pratap Singh Chauhan<\/span>, Partner<\/span>, with support from Rajat Sharma<\/span>, Senior Associate;<\/span> and Kashish Gupta,<\/span> Associate;<\/span> advised on competition law analysis.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Structured in two tranches, the investment marks Uber’s foray into India’s rapidly growing fleet-tech segment, with Carrum operating EV and CNG fleets across major metropolitan cities.<\/p>\n","protected":false},"author":67011,"featured_media":372770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282],"tags":[68835,96864,30960,96866,96865,96867,96863],"class_list":["post-372759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","tag-cam","tag-carrum-mobility-solutions","tag-cyril-amarchand-mangaldas","tag-ev-fleet-india","tag-fleet-tech-investment-india","tag-uber-india-systems","tag-uber-investment-india"],"yoast_head":"\nCyril Amarchand Mangaldas advised Uber Technologies, Inc. on its investment in Carrum Mobility Solutions Private Limited | SCC Times<\/title>\n<meta name=\"description\" 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