Zoomcar, the popular self-drive car-sharing platform is gearing up to launch its chauffeur-driven cab rental service in Bengaluru, marking a significant step towards expanding its footprint in India’s competitive transportation market. A new business model to compete with industry giants While Zoomcar may face stiff competition from established ride-hailing giants like Ola and Uber, the company is confident that its …
Packing your bags quickly, getting in your car, and driving to a destination tucked away in the midst of nature, away from the bustling cities, where you can unwind and connect with nature sounds quite appealing, doesn’t it? Weekends are meant for fun and are often the best part of the week, and if your idea of fun involves a …
Zoomcar Inc., an Indian car-sharing platform, and Innovative International Acquisition Corp. have agreed to merge in order for Zoomcar to become publicly listed, persons close to the matter told Mint. As per the individuals, who requested anonymity since the transaction is private, the merger with the special purpose acquisition firm means that the company has a pro forma enterprise value …
MG cars like the Hector, Hector Plus and the ZS EV will be available via this program on 12, 24 and 36-month leases. With this tie-up, MG Motor will use Zoomcar’s technological expertise in the field to manage its vehicle subscription program. Zoomcar will also manage this program on MG Motor India’s behalf. With this partnership, MG Motor India hopes …
)
)