The funding comes ahead of the company’s proposed plans to list in the US via a SPAC listing over the next nine to 12 months.

Meru Mobility, in which Mahindra has a 55% stake, also has plans to raise Rs 350-400 crore from a clutch of strategic investors.

Experts say a lease model is unlikely to bring in large volumes in the country where car ownership is considered a status symbol. India sel...

At present, the carmaker has tied up with 20 partners across vehicle needs, mobility services and lifestyle companies to offer exclusive be...

Zoomcar owns more than 10,000 cars that customers rent on a self-drive basis. A large portion of their fleets has been unused since the beg...

A host of foreign nationals are relocating to India to fulfil their startup ambitions despite stumbling blocks.

In his new role, Aluru will be leading the strategic financing and partnerships for Zoomcar, in addition to corporate strategy and driving ...

The model, once restricted to a few products, is now being used for a range of offerings.

With $25 million additional funding, company aims to achieve 10% market share in a year.

These are heady times for India’s biggest self- drive car rental startup but what’s equally startling is the unending consumer rants on soc...

Since its inception in April 2013, Zoomcar reported strong unit economics in most of the cities in India with almost 9lakh trips in 25 citi...

Co plans to increase its fleet size two times and double its revenue this year

Moran said over the next six to 12 months it will hive-off its existing company owned cars.

"Customer experience and IoT - enabled product innovation will remain our priorities as we scale ZAP across India and our relationship with...

Founded in 2015 by Agarwal and Karan Jain, both formerly with McKinsey, Revv is currently present in four cities across the country – Delhi...

As per Vinit Srivastava, CEO of Driverskart, the company is expecting a 15 per cent growth in customer base and trips offered by month in t...

They are expanding their focus from social enterprise and non-profit industries to tap into the massive potential of the country’s emerging...