PC: Jaipur Times
DriverShaab, a Kolkata based B2B mobility solutions provider, has taken Rs 2.82 crore as a pre Series A round of funding led by Firstport Capital while Inflection Point Ventures (IPV) and few other investors have also participated in the round. Previously, the company had received $39.8K from IIM Calcutta Innovation Park (IIMCIP) and other investors.
Avijit Das got DriverShaab started in 2019, a company that offers on-demand driver services, logistics support, and as well employee transportation service for business. Using technology driven driver aggregation, the startup helps enterprises in the different sectors to decrease downtime, reduce operational inefficiency and improve service reliability.
Scaling Operations with New Funding
According to its press release, the fresh capital infusion will be used to scale up DriverShaab’s driver aggregation platform, improve operational excellence, as well as bolster its technology infrastructure. However, the startup is targeting to overcome the key industry pain points such as driver supply shortages, process inefficiencies, and fleet management challenges.
DriverShaab’s platform lets you simply and quickly bring drivers on time without any operational inconvenience and with a perfect working of your fleet. The company employs the latest technology to simplify the hiring and the deployment of drivers, thus making the process more reliable and efficient.
Tapping into a $900 Million Market
India’s Mobility Market worth $900 million as of now is a huge opportunity for tech driven solutions like DriverShaab. Committed to disrupting traditional fleet management models, the company creates tech-enabled, on demand, driver solutions fit for the business need.
As the services offered by DriverShaab have been in demand since its inception, the transaction has been worth Rs 26 crore. The fact that the company is growing is an indicator of how its success in the industry revolves around revolutionising fleet operations in a seamless way through driver aggregation and management.
Future Roadmap
With this funding DriverShaab will leverage the opportunity to improve the technological capabilities for offering more efficient and scalable driver solutions. The company’s intention is to offer dependable, low cost and technology backed driver services for businesses in logistics, corporate employee transport and ride-hailing sector.
India’s mobility sector is growing at a rapid pace, and this has become the opportunity for startups like DriverShaab. Driving innovation through its cutting edge technology and operational excellence, DriverShaab is posing itself as a pillar player in the developing mobility route of India.
