Routematic raises $2.5 million in pre-series A from VAMM, others

PUNE: Urban mobility startup Routematic said it has raised $2.5 million in pre-series A funding from existing investors, VAMM Ventures and former Café Coffee Day CEO Naresh Malhotra.

CEO Surajit Das told ET the funds will be used towards expanding operations and to drive the company’s push into electric vehicles (EV). “We’re currently present in Pune and Bengaluru and will be expanding to NCR, Chennai and Hyderabad,” said Das.