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Indian Startups

Zoomcar Raises $24mn In Series B Led By Ford Smart Mobility

Zoomcar, a self-drive car rental company offering car sharing services has closed $24M in a Series B investment round. Ford Smart Mobility LLC, a subsidiary of Ford Motor Company, led…

Tech

Zoomcar Pilots Self-Drive Autorickshaw In 6 Cities

Self-drive car rental company, Zoomcar has launched what is India’s first autorickshaw rental service and is testing grounds with a pilot run across six cities, the company announced on Twitter.

Digital India

The Rise Of Self-Drive Car Rental Services In India; What Lies Ahead

While the government may be a laggard in providing an inter-linked driver information platform for self-drive companies to leverage, these startups are nonetheless proactively devising solutions to improve road safety across Indian cities.

Car Rental Service Zoomcar To Launch Doorstep Pickup And Drop Facility

The service will eliminate the need for customers to travel to designated Zoomcar pickup/drop points. Executives will drop the car off at a customer’s choice of location and pick it up on their return. The move is in line with the company’s aim to improve customer convenience and grow its user base.

Zoomcar Raises $11mn From Sequoia, Empire Angels and NGP

The company plans to use the funds to add new vehicles to its fleet, continue hiring, and build out its tech and product. Over the next one year, the company plans to add 7,000 cars and launch in 15 additional cities in the country. Further, Zoomcar is also working on commute packages that give office goers an economic self-drive option to use its service on weekdays.

Zoomcar Raises INR 31 Crores In Funding Led By Sequoia Capital

Bangalore-based Zoomcar is backed by investors like Sequoia Capital and angel investors such as Lady Barbara Judge and former Infosys director Mohandas Pai.