Melbourne, Australia – Drive lah, the parent company of Australia’s Drive mate, has successfully closed an investment round worth AU$7.9m, with ComfortDelGro leading the investment with AU$3.2m pitched in. This positions them as both the principal investor and the preferred fleet partner for Drive mate.
The strategic investment aligns well with company’ aspiration to redefine urban mobility across the APAC region, fostering continued growth and potential for shared mobility solutions in Singapore, Australia and beyond.
As the leading investor and fleet partner, ComfortDelGro’s collaboration with Drive lah will be a holistic one, with a focus on car connectivity and navigation technology as well as supplying vehicles to Drive mate’s platform.
The collaboration will start this quarter in Sydney and Melbourne, with ComfortDelGro Corporation Australia progressively supplying up to 3,000 vehicles to the Drive mate platform, supporting the increase in demand for car sharing services in Australia.
Nicholas Yap, CEO at ComfortDelGro Australia, said, “As a lead investor and fleet partner, our collaboration with Drive mate will allow the two companies to shape urban mobility, particularly in Australia where we have a strong foothold operating buses, taxis and non-emergency patient transport. We look forward to working closely with Drive mate to enable seamless experience for the car owners and seekers on the car-sharing platform.”
Meanwhile, Dirk-Jan ter Horst, co-founder of Drive lah, commented, “Australia’s swift embrace of Drive mate underscores the potential of shared mobility in this vast and diverse market. Our success here is only the beginning, and with strategic investments and partnerships, we are poised to redefine transportation in the country, setting a benchmark for others in the APAC region.”
Lastly, Gaurav Singhal, co-founder at Drive lah, added, “The future of mobility is interconnected. We’re gearing up to lead the transformation towards a more connected and efficient transportation ecosystem in APAC. This success of this investment round is a testament to our shared commitment with our investors and strategic partners towards innovation and excellence.”
