The car and bicycle rental company Zoomcar have raised up to Rs 176 crore from Mahindra & Mahindra the Indian multinational car manufacturer. Mahindra & Mahindra (M&M) today said it will invest up to $27.6 million in-car and bicycle rental firm Zoomcar India and Zoomcar Inc, its US incorporated holding parent company. The deal specifies the […]
Self-drive car company Zoomcar has launched its cycle sharing service, PEDL, in the Mumbai Metropolitan Region starting with the privately-developed smart city, Palava. This is the fifth city after Pune, Chennai, Kolkata, and Bengaluru where Zoomcar has launched this service. At present, PEDL cycles have been placed across 30 locations in Palava. Zoomcar said that PEDL has about 200 […]
Self-drive car rental service Zoomcar India Pvt Ltd is in talks to raise a funding of $50 million from new and existing investors, Mint reported. Citing two people aware of the development, the financial daily reported that Zoomcar’s funding talks have progressed with M&M (Mahindra & Mahindra) the Indian multinational car manufacturing corporation headquartered in […]
Zoomcar, Indias first 100 per cent self-drive car rental company, today said it plans to foray into international markets and that it is strongly betting on Zoomcar Associate Program for its next milestone. The company has conducted an in-depth research and has a decent sense of market knowledge in Asia and Africa, Zoomcar CEO and […]
The Co-Founder of Zoomcar, David Back has Been Tapped to Advise the UAE-India Venture Capital Fund and its Portfolio Companies. Idein Ventures is a seed-stage VC fund with offices in the United Arab Emirates, Mumbai, and Hyderabad. David Back co-founded Zoomcar, the first company in India to offer ‘self-drive’ car rentals with no chauffeur. Zoomcar launched in Bangalore exactly […]
Zoomcar, a Bengaluru-based self-drive car rental company raises $24 million (about Rs 160 crore) funding led by Ford Smart Mobility, a subsidiary of Ford Motor Company. Existing investors Sequoia Capital, Nokia Growth Partners (NGP) and Empire Angels also participated in the round. Zoomcar, which competes with Carzonrent and JustRide, lets users rent cars by the […]
Have you ever faced an issue while commuting in an auto? Have you had drivers demanding excess fare? Have some of auto drivers just driven off? Don’t worry. Zoomcar is giving you the option to self-drive your own auto! Yup, now you can get your hand on one of those green machines! With a self-drive […]
Cashfree raises USD 35.3 million as part of its Series B round led by Apis Growth Fund.
Taxi aggregator Ola launched Ola Drive, its first self-drive service in Bengaluru.
Online Bike and Scooter Rental Platform Wickedride Adventures Services Pvt Ltd have raised Rs. 62.13 crore ( $9.1 million) in a funding round led by Accel Partners and Sequoia Capital. With the latest round in place, company’s valuation has roughly reached Rs. 130-132 crore. As per Bengaluru based filings with Ministry of Corporate Affairs, Raghunandan […]
ImpactGuru, India’s most prominent healthcare, nonprofit and crowdfunding platform, recently raised a $2 million in a Series A funding round co-led by Apollo Hospitals Group and Venture Catalysts. Existing investor, RB investments, a VC fund based in Singapore, also participated in the funding round along with India’s largest health-tech fund, Currae Healthtech Fund. The investment […]
Best time to visit Kochi: One of the most popular cities in South India is undoubtedly Kochi. The capital of Kerala is a hotbed of Malabari culture and is always buzzing with activity. One of the most telling aspects about Kerala is the fact that the religious density of Muslims, Hindus and Christians are higher […]