Big news! #Routematic has raised $40M in Series C funding led by @FullertonFund & @Shift4Good 🎉
A big step toward scaling intelligent, efficient & climate-conscious #employeemobility.
Details: https://t.co/OJnuKRzHYp
"We’re focused on building a holistic transformation package that takes our ESG initiatives to the next level of maturity. As we integrate electric vehicles (EVs) into our ecosystem, it’s clear that success will depend on innovation, not just in technology, but in operational and infrastructure capabilities as well. From charging infrastructure to energy management, every layer must evolve to support this shift. There’s significant value to be unlocked, both environmentally and economically, as we reimagine our operations through a sustainable lens and drive long-term impact across the value chain." - Sriram Kannan, Founder & CEO, @routematic , speaking at @dentsu_global presents 8th Edition of ET Edge GCC Summit 2025!
#ETEDGEGCC2025 #ETEdgeGCCSummit #IndiaGCCs #globalcapabilitycenterssummit2025 #captivesinindia #educationsystem #governmentpolicies #ITInfrastructure #AIinGCCs #digitaltransformation #nextgen #digital #educationalcollaborations #sustainability #cybersecurity #GCCGrowth #indiaeconomy
The company plans to use part of the funding to establish city-level command centres that enable real-time, demand-responsive fleet management.
@routematic
https://t.co/QRILVEDfmY
We are honoured to have Fullerton Fund Management Carbon Action Fund onboard as an investor in our Series C round.
Here's what Huck Khim Tan, Deputy CIO and Head of Alternatives at Fullerton Fund Management, has to say about @routematic#Routematic#CorporateCommute
🚀 A decade and some more of grit, belief, and patient building — and Routematic is just getting started.
@routematic (Fund I vintage) has raised $40M in a Series C round, led by Fullerton Fund Management and Shift4Good.
Blume first backed Routematic in 2015 — just two years after it was founded in 2013.
A decade later, they’ve grown into one of India’s leading corporate commute platforms, serving 300+ clients and enabling 5 million+ employee rides every month across 23 cities.
This latest institutional cheque — is a powerful validation of Routematic’s capital-efficient, AI-powered model. The fresh funds will be used to expand to a 10,000-vehicle fleet by 2026, with 30% converted to EVs, while also scaling their real-time, city-level command centres.
Sriram Kannan, founder and CEO, shared that “this investment will enable us to capitalise on the growing demand and further strengthen our leadership in sustainable corporate mobility.”
Co-founder and executive director Kavitha Ramachandragowda added, “With AI at our core, we will continue to create safer, more efficient, and environmentally responsible commuting solutions.”
Their tech is making real-time, demand-responsive transport for enterprises a reality — and it’s also enabling ESG outcomes at scale.
We’re incredibly proud of Sriram, Kavitha, and the entire Routematic team. This milestone is proof that patient building, bold thinking, and purposeful execution always win in the long run.
Onwards and upwards! 💪✨
@BKartRed@AshishFafadia@sajithpai@sanjaynath@arpiit@riashroff@saritaraichu@mehtaalok@mitul_am@SeekingN0rth@DeepikaDakuda@gauthamsiv@ray_elton99@vikramg05
To read the full article, click here: https://t.co/iToY2WETcC
@routematic,a corporate mobility solutions provider, has appointed Chidananda Murthy as its new vice president-people and culture.
https://t.co/RhNY64yxJm
Catch us at the 175th #Procurement, #FacilitiesManagement & 2025 Bengaluru #Leadership Award Conference by CE Worldwide!
Join us for insightful discussions, networking, and innovative solutions in procurement & facilities management. Let’s connect! 🔗 #Routematic
The incredible @KannanSriram and Kavitha
Enabling millions of kms on @routematic for business commutes.
Headlines
5 Million rides per month, across
1.5 million trips (3-4 pax per trip), 2 million km per day by those cabs on the Routematic platform. Now, 8% of those rides have a Routematic brand and are run by them, 10% of their own rides now on EVs
Silently burgeoning champions …of route optimization and moving working class economies in 22 cities and towns
That they are alive and kicking after myriad brushes with death and acquisition offers, that they are profitable with some of the best margins in the industry and growing strongly …well, can’t wait to see what unfolds at the finish line.
One more of those amazing gritty stories by the ignored pre 2015 lot of Blume Fund I founders who built despite the VC world, not because of them.
#proudinvestor - when we see great entrepreneurs come out of the small capital pushes from that era, we know Indian entrepreneurship is the big winner.
Congrats on the new office and on top of the Nth innings of the game.
(An hour after the meeting, I get an inbound from an investor - after 30 mins, he says he wants to see till next round - told him they’ll not need money after this round…they’ve known how to survive for most of the decade with almost no equity infusion - play now or why bother…)
@AshishFafadia@BlumeVentures@SeekingN0rth@arpiit@sanjaynath@saritaraichu@sajithpai