Tag: zoomcar

[Zoomcar in Business Standard] How an American launched Zoomcar in India, and now plans to go international

In 2011, Greg Moran spent three months traveling across India, talking to thousands of people for what he says was primary research for his fledgling startup idea: to launch a car rental service in Asia’s fastest growing economy. The New York resident decided to marry his passion for environment and numbers, and launched Zoomcar in India – where less than 10% of city residents own cars, and public transport can often be a nightmare. Read more on Business Standard...

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[Zoomcar in ETtech] Zoomcar integrates accident & driver warning systems to its cars with Mobileye tie-up

Self-drive car rental company Zoomcar is integrating Israel-based Mobileye’s advanced driver assistance systems (ADAS) to its fleet of cars in a bid to reduce road accidents that occur primarily due to driver inattention. At launch, Zoomcar has installed this system in 40 Mahindra and Ford vehicles in New Delhi and plans to extend it to other metro cities in India. Zoomcar said that it plans to leverage these initial learnings and subsequently integrate this system to over 10,000 cars by the end of 2017. Read more on ETtech...

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[Zoomcar in The Wall Street Journal] Ford Leads $24 Million Funding in India Car-Rental Startup Zoomcar

A Ford Motor Co. investment arm is among the companies pouring $24 million into a vehicle-rental startup in India, the latest development in the race to use technology in new ways to target consumers in the world’s second-most-populous country. Bangalore-based Zoomcar allows users to rent its vehicles for as little as an hour at a time, a model similar to the U.S.’s Zipcar Inc., which Avis Budget Group acquired for about $500 million in 2013. Read more on The...

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[Zoomcar in Business Standard] Zooming beyond cars

When ZoomCar launched a ‘rent-an-auto’ service many thought it was an April Fool gimmick. But, the start-up meant business. In the self-drive car business for three years, the company went in for the long haul. It had branded the venture Zoom Auto and piloted it for a week. Customers were allowed to book an auto after a security deposit of Rs 5,000 and drive for 20 minutes within a radius of one kilometre. This is preceded by a 10-minute training by fleet executives. Read more in Business...

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