Mumbai, March 14 -- Inflection Point Ventures has announced an investment of INR 20 million in Pumpumpum, a Fintech mobility startup. The funds will be allocated for growth in operations, geographical reach, technological advancements, marketing endeavours and overall organisational development for greater visibility, and sustained success of the enterprise.

Founded in 2018 by Tarun Lawadia, Founder and CEO, and Sameer Kalra, Co-Founder and CGO,PumPumPum's standout position in the Fintech mobility sector stems from its innovative B2B2C and B2C pre-owned car leasing model.

Diverging from traditional ownership and other new car leasing models, PumPumPum offers a subscription-based platform that prioritizes consumer convenience, flexibilit...