Mumbai, March 14 -- Inflection Point Ventures, a venture capital firm, has invested INR 20 million in Pumpumpum, a fintech mobility startup. The funds will support Pumpumpum's growth in operations, geographic expansion, technological development, marketing efforts, and overall organisational development to enhance its brand visibility and achieve long-term success.

Founded in 2018 by Tarun Lawadia (Founder & CEO) and Sameer Kalra (Co-Founder & CGO), both alumni of the Indian Institutes of Technology (IITs) with leasing expertise, Pumpumpum differentiates itself through its innovative B2B2C and B2C pre-owned car leasing model. Unlike traditional car ownership or new car leasing options, Pumpumpum offers a subscription-based platform focus...