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
Athene Capital
Cyber Carrier
Decacorn Capital
Ford Motor Company
Rivian, Argo AI, Desktop Metal, ZoomCar, Velodyne LiDAR, Solid Power
Ford Smart Mobility
FundersClub
Instacart, Rappi, Slack, Chainalysis, ShipBob, ZoomCar, Human Interest, HomeLight, Webflow, RapidAPI
Globevestor
InnoVen Capital
Rivigo, MobiKwik, OYO, Ather Energy, Swiggy, PharmEasy, Quikr, ZoomCar, GreyOrange
Mahindra Rise
Max Ventures
Microsoft Accelerator Bangalore
NGP Capital
Quikr, Xiaomi, Lime, ZoomCar, SecurityScorecard, Immuta, WorkFusion, Kaltura, Scoop Technologies, Zum
OurCrowd
Reliance Venture Asset Management
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Sony Innovation Fund
Trifecta Capital
VentureSouq
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
Fortune India - Feb, 16 2021
Don't buy a car, just rent itInc 42 - Feb, 11 2021
Zoomcar Spent INR 629.4 Cr To Earn INR 291.2 Cr In FY20Money Control - Feb, 1 2021
MG Motor India partners with Zoomcar, ORIX to offer ZS EV on subscription at Rs 49,999 per monthHindustan Times Auto News - Jan, 29 2021
Once prestige, owning car is now seen as a commitment: Zoomcar charts path aheadInc 42 - Jan, 27 2021
Zoomcar Customers Complain Again As Refunds Issues ResurfacesTimes Now News - Dec, 29 2020
Subscription & car rentals jumped 2x YoY in December: ZoomcarFortune India - Dec, 12 2020
Covid-19 has been a boon for car rentals: ZoomcarBusiness Insider India - Jun, 4 2020
Zoomcar CEO is betting on people not taking Uber and Ola— and not buying cars in a hurryLive Mint - May, 26 2020
Zoomcar is now back in Bengaluru, Hyderabad, other cities with new offersIndia Today - Feb, 12 2020
Zoomcar celebrates 7th anniversary, announces Self-Drive Spectacle saleliveMint - Jan, 21 2020
Zoomcar raises $30 million from Sony fund, others in fresh roundlaffaz - Jan, 7 2020
Zoomcar is planning to acquire Revv – Hyundai may invest in the mergerEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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