Participated · Series A · Jul 2021

Drive lah is a car‑sharing platform that operates a car‑sharing service. The article reports the company has raised $5 million in an investment round. The round was led by transport major ComfortDelGro. The report does not provide operating metrics such as revenue or user counts. The article does not detail the company’s future plans or use of proceeds tied to the funding. No other investors or prior rounds are mentioned in the piece. Drive lah is a vehicle application that lets car owners earn income by renting idle cars to renters via a keyless, phone-based access system. The company says its proprietary in-car technology enables keyless access and that rentals are 30–40% cheaper than alternatives. Since launch it has accumulated over 150,000 registered users and argues the model can reduce underutilized car hours in dense cities. Drive lah aims to build a shared mobility ecosystem across the Asia Pacific and has just launched operations in Australia with plans to expand further next year. The firm completed Accelerating Asia’s 100-day acceleration programme and acquired fleet-based car-sharing service Smove in 2020. Drive lah was founded in 2019 and is based in Singapore.