Zoomcar set to launch chauffeur-driven cab rental service in India
India TV NewsZoomcar, 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 model of offering specific cars instead of vehicle categories will appeal to consumers. To minimize costs and maximize efficiency, Zoomcar plans to aggregate cars and drivers for its rental service, following a model that reduces the need for extensive assets and staffing. Zoomcar’s plans for growth amid financial challenges Zoomcar has recently faced financial challenges, including a funding crunch and high marketing costs.