ZoomCar Stock
Self-Drive-Focused Car Rental Company
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About ZoomCar Stock
Zoom is India's first 100% self-drive focused car rental company (no chauffeurs). Zoom is a membership-based service that allows individuals to rent vehicles by the hour or by the day. The service is modeled after the hyper-local distribution and high-tech self-serve model used by Zipcar in the US. The Company commenced operations in February 2013. It currently operates in Bangalore, Pune, Mumbai, Chennai, Hyderabad, Delhi NCR, Kolkata, Chandigarh, Ahmedabad, Vizag, Jaipur, and Mysore.
Investors
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Trifecta Capital
Sony Innovation Fund
Athene Capital
Funding History
| April 2013 | $600K |
|---|---|
| October 2013 | $1.6M |
| April 2014 | $1.3M |
| October 2014 | $8.0M |
| July 2015 | $11.0M |
| July 2016 | $24.0M |
| July 2016 | $586K |
| December 2016 | $15.0M |
| February 2018 | $40.0M |
| August 2018 | $3.6M |
| July 2019 | $11.3M |
| September 2019 | $141M |
| December 2019 | $4.8M |
| January 2020 | $30.0M |
| February 2021 | $39.8M |
Management
Chief Executive Officer
Greg Moran
Press
business-standard - Jan, 3 2024
Zoomcar to turn profitable for the full year in 2024: CEO Greg Moranthefly - Dec, 29 2023
Innovative International Acquisition, Zoomcar complete business combinationtechinasia - Dec, 29 2023
Zoomcar closes SPAC deal, eyes immediate trading on Nasdaqeconomictimes - Dec, 29 2023
Zoomcar merges with Innovative International Acquisition Corporationpymnts - Dec, 29 2023
India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes PublicEquityZen Recognized As:
