ZoomCar

About

ZoomCar is a self-drive-focused car rental company allowing individuals to rent vehicles by the hour, day, week, and month.

Bangalore,Karnataka,India
1001 - 5000
http://www.zoomcar.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $24M
Industries: Automotive,E-Commerce,Rental,Reservations,Transportation
Founded date: Jan 1, 2013
Number Of Employee: 1001 - 5000
Operating Status: Active
Legal Name: Zoomcar India Private Ltd.
Also Known As: Zoomcar India Private Ltd. ,ZoomCar, Inc.

ZoomCar is a developer of an online platform used to offer self-drive car rental services. It is a self-drive-focused car rental company allowing individuals to rent vehicles by the hour, day, and week. Its platform offers a wide range of cars ranging from hatchbacks to SUVs, sedans, and luxury on rent for hourly, daily, and weekly basis at all-inclusive prices that enable users to book cars using their mobile phones and travel as per their plans in a hassle-free manner.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

22

$299.74M ₹141.40M

ZoomCar has raised a total of $299.74M ₹141.40M in funding over 2 rounds. Their latest funding was raised on Oct 20, 2022 from a Debt Financing round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 20, 2022	Debt Financing	$10M	1	Ananda Small Business Trust	—	Detail
Jul 12, 2021	Series E	$17.57M	1	—	—	Detail
May 12, 2021	Corporate Round	$5.50M	1	ZoomCar	—	Detail
Mar 11, 2021	Series A	$75M	1	—	—	Detail
Feb 8, 2021	Series Unknown	$39.82M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

3

ZoomCar has made 3 investments. Their most recent investment was on May 12, 2021, when ZoomCar raised $5.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
May 12, 2021 ZoomCar	Corporate Round	$5.50M	Automotive	Yes
Dec 3, 2019 ZoomCar	Corporate Round	$4.80M	Automotive	Yes
Sep 17, 2019 ZoomCar	Corporate Round	₹141.40M	Automotive	Yes

Investors

Number of Lead Investors

Number of Investors

15

38

ZoomCar is funded by 38 investors. Ananda Small Business Trust and ZoomCar are the most recent investors.

Investor Name	Lead Investor	Funding Round
Ananda Small Business Trust	Yes	Debt Financing
ZoomCar	Yes	Corporate Round
Sony Innovation Fund	Yes	Series D
Trifecta Capital	Yes	Series Unknown
InnoVen Capital	Yes	Series Unknown
Trifecta Capital Advisors	Yes	Debt Financing
Mahindra & Mahindra	Yes	Series C
Cyber Carrier	Yes	Series B
Sequoia Capital India	Yes	Series A
SternAegis	—	Series E