Tech Company Financing Transactions
Zoomcar Funding Round
Zoomcar secured a $92 million Series E funding round on 11/10/2021. Backers included SternAegis Ventures and Sequoia India.
Transaction Overview
Company Name
Announced On
11/10/2021
Transaction Type
Venture Equity
Amount
$92,000,000
Round
Series E
Investors
SternAegis Ventures (Lead Investor) (Adam Stern)
Proceeds Purpose
The startup will deploy the fresh capital to expand the marketplace in over 20 countries in the next 18 months.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
7th Floor Tower-B Diamond District 150 HAL Airport Rd. Kodih
Bangalore, 560008
India
Bangalore, 560008
India
Phone
Undisclosed
Website
Email Address
Overview
Zoomcar holds the distinction of being India's first personal mobility platform, with the introduction of car sharing services in 2013 and today is the market leader in the self-drive space with over 10,000 cars in its fleet. With a strong focus on the mobile experience, Zoomcar allows users to rent cars by the hour, day, week, or month.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gregory Moran
Chief Operating Officer
Sudhindra Reddy
Vice President
Hemanth Aluru
VP - Bus. Development
Nirmal NR
VP - Engineering
Markish Ram
VP - Product Management
Arpan Srivastava
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