Gurugram-based used-car startup PumPumPum raised ₹2.2 crore in seed funding from LetsVenture Syndicate, led by FastFox Co-founder Pallav Pandey. Innov8 CEO Ritesh Malik, Near Co-founder Shobhit Shukla and Near CFO Rahul Agarwal also participated in the round. Founded by Tarun Lawadia and Sameer Kalra, PumPumPum provides IoT enabled pre-owned cars on subscription for short to long-term duration.