Zoomcar Holdings secures $1.44M in a private placement offering led by accredited investors to support ongoing operations.

Feb 06, 2025•11 months ago

Amount Raised

$1.44 Million

BengaluruFinanceTravel

Investors

Aegis Capital Corp.

Description

Zoomcar Holdings, Inc. has successfully raised approximately $1.44 million in a private placement offering. The second round of funding involved the issuance of common stock and pre-funded warrants, essential for the company's operations.

Company Information

Company

ZoomCar

Location

Anjaneya Techno Park, No.147, 1st Floor

Bengaluru, Karnataka, India

About

Zoomcar is India’s largest car-sharing marketplace, with over 25,000 cars listed on the platform. With a decade of experience in the industry, Zoomcar has become the market leader in the self-drive space, operating in 38+ cities across India. Our focus on mobile experience has made renting cars by hour, day, week, or month easier than ever. Zoomcar also boasts over 20,000 hosts, offering customers a variety of options to choose from. With its commitment to providing top-notch customer service, Zoomcar has become the go-to choice for anyone in need of a rental car.

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Funding Insights

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