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Routematic raises $40 million in series C to power sustainable corporate commutes

  • Bengaluru-based Routematic raised $40 million in a Series C funding round led by Fullerton Carbon Action Fund and Shift4Good.
  • The funding will help Routematic expand its operations and scale its fleet to over 10,000 vehicles in major Indian cities by March 2026.
  • Routematic offers AI-powered transport solutions to over 300 corporates in 23 Indian cities, aiming to enhance employee commuting experiences.
  • The company plans to establish city-level command centres, convert 30% of its fleet to electric vehicles, and reshape urban transportation towards sustainability.

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