Routematic raises $40 Mn led by Fullerton Carbon Action Fund and

Routematic, an employee transportation solutions provider, raised $40 million in a funding round led by Fullerton Carbon Action Fund and Shift4Good. The investment will fuel expansion of its tech-enabled commute management platform and electric vehicle fleet. The company plans to deploy 5,000 EVs over three years to serve corporate clients seeking sustainable transport solutions. This funding highlights growing investor interest in B2B mobility startups addressing corporate ESG goals. Routematic currently serves over 300 enterprises across India, managing 50,000 daily commutes. The fresh capital will also enhance its AI-driven route optimization and real-time tracking capabilities. The round reflects confidence in shared mobility solutions as companies increasingly outsource employee transportation amid return-to-office mandates.