DriverShaab Secures Rs 28.2 million Funding
ECONOMY & POLICY

DriverShaab Secures Rs 28.2 million Funding

Kolkata-based DriverShaab, a B2B mobility solutions provider, has raised Rs 28.2 mn in a Pre-Series A funding round led by Firstport Capital and Inflection Point Ventures (IPV). The investment will be used to enhance the company’s driver aggregation platform, operational efficiency, and technology infrastructure.

Founded by Avijit Das, an IT professional with experience at CTS and TCS, and led by Neha Shaikh, a former Uber supply chain manager, DriverShaab offers on-demand driver services, logistics support, and employee transportation solutions for enterprises. The company aims to become India’s top driver management platform by using technology to optimise fleet operations.

Since its inception, DriverShaab has facilitated transactions worth Rs 260 million, demonstrating strong market demand. With India’s mobility market valued at $900 million, the startup is positioned for rapid growth by addressing driver supply challenges and operational inefficiencies.

Mitesh Shah, Co-Founder of IPV, highlighted the importance of efficient driver management for fleet operations and logistics, emphasising DriverShaab’s scalable technology and strong execution as key investment factors.

DriverShaab has also gained recognition by winning the Maruti Suzuki Nurture Program, reflecting its innovation in the mobility sector. The company remains committed to building a sustainable driver service ecosystem with tech-driven, seamless solutions for businesses.

IPV, a prominent angel investing platform, has invested over Rs 8 bn across 210+ startups. Through its $50 mn CAT 2 VC fund, Physis Capital, IPV continues to support startups in Pre-Series A to Series B stages, fostering growth in India’s evolving business landscape.

Kolkata-based DriverShaab, a B2B mobility solutions provider, has raised Rs 28.2 mn in a Pre-Series A funding round led by Firstport Capital and Inflection Point Ventures (IPV). The investment will be used to enhance the company’s driver aggregation platform, operational efficiency, and technology infrastructure. Founded by Avijit Das, an IT professional with experience at CTS and TCS, and led by Neha Shaikh, a former Uber supply chain manager, DriverShaab offers on-demand driver services, logistics support, and employee transportation solutions for enterprises. The company aims to become India’s top driver management platform by using technology to optimise fleet operations. Since its inception, DriverShaab has facilitated transactions worth Rs 260 million, demonstrating strong market demand. With India’s mobility market valued at $900 million, the startup is positioned for rapid growth by addressing driver supply challenges and operational inefficiencies. Mitesh Shah, Co-Founder of IPV, highlighted the importance of efficient driver management for fleet operations and logistics, emphasising DriverShaab’s scalable technology and strong execution as key investment factors. DriverShaab has also gained recognition by winning the Maruti Suzuki Nurture Program, reflecting its innovation in the mobility sector. The company remains committed to building a sustainable driver service ecosystem with tech-driven, seamless solutions for businesses. IPV, a prominent angel investing platform, has invested over Rs 8 bn across 210+ startups. Through its $50 mn CAT 2 VC fund, Physis Capital, IPV continues to support startups in Pre-Series A to Series B stages, fostering growth in India’s evolving business landscape.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code