Paris/Singapore, May 2025 – Shift4Good is excited to announce its investment in Routematic, India’s leading AI-powered Corporate Transport-as-a-Service (TaaS) platform, as part of a $40 million Series C funding round co-led with Fullerton Carbon Action Fund. This marks Shift4Good’s first investment in India and third across Asia, reinforcing our commitment to supporting high-impact climate tech solutions in fast-growing markets.
Founded in 2013, Routematic provides over 5 million monthly trips to employees across 300+ corporate customers in more than 23 cities in India. The company has built a unique model that combines AI-driven routing software, centralized operations, and EV fleet deployment to radically improve the efficiency, safety, and sustainability of employee transportation.
Why it matters
In a country where corporate mobility is projected to reach $13.2 billion by 2030, Routematic is setting a new benchmark—optimizing commutes, reducing carbon emissions, and driving electrification at scale. Their mission directly aligns with Shift4Good’s core focus: decarbonizing transportation across all forms of mobility.
Routematic plans to scale to over 10,000 vehicles across India’s major cities by March 2026, with 30% of the fleet transitioning to electric vehicles—a bold step toward helping India’s leading companies meet their ESG and net-zero goals.
“We’re backing Routematic because they’ve built what most players in this space only talk about — a truly intelligent, scalable platform. Their AI-driven engine automates demand-supply matching, dynamic routing, and dispatch in real time, unlocking massive operational efficiency and measurable ESG outcomes. In a sector that’s traditionally low-tech and fragmented, Sriram, Kavitha and their team are setting a new benchmark. We’re proud to support them as they accelerate growth and EV adoption across India,” said Sébastien Guillaud, Co-founder & Managing Partner at Shift4Good.
This investment builds on Shift4Good’s growing portfolio of transportation decarbonization leaders globally. Routematic represents an exciting new frontier: tech-enabled decarbonization of daily mobility at urban scale.
We’re proud to join this journey and support Routematic in redefining how India—and the world—commutes.
Read more about Routematic and their $40M Series C here.
