2091:
162:
2103:
414:
like
Twitter, Facebook and Instagram to report this issue. Their CEO, Greg Moran, when questioned about this stated that he isn't aware of any breach of policy from their side. Zoomcar has been replying to their customers' tweets saying that the refund will be processed soon without giving any confirmation on date and time.
404:
Post covid, Zoomcar doesn't own and operate any cars on its own in India and has shifted to marketplace model, where private car owners (hosts) list their cars on
Zoomcar, Zoomcar rents them to its customers, keeps a cut from earning and passes the rest to vehicle owners. Commercial use of whiteboard
413:
In the year 2020, Zoomcar breached its refund policy of providing refunds within 7–14 days, extended it to 30 days but still haven't refunded their customers, some of whom have been waiting for more than 8 months as of 3 November 2020. A lot of their customers took to different social media websites
362:
taxi union. Following an incident in which a convoy of 15 cars rented from the company was reportedly attacked by members of the union with stones and iron rods, Zoomcar issued a cautionary mail to customers traveling to
Khardung La and Nubra valley. The following week Zoom issued an update stating
335:
which allowed them to become the first car rental company in India to offer an electric vehicle (the
Mahindra REVA E2O by Mahindra) and the Ford EcoSport "urban SUV by Ford" in 2013. Zoom also works with locally established real estate developers, universities, hotels, and corporate IT parks to
908:
630:
226:
Back and Moran both dropped out of business school to move to India and pursue a venture in car rentals. Zoom officially launched operations in
Bangalore in February 2013 using JustShareIt platform. Zoom started with $ 215,000 in capital and a fleet of seven cars.
1351:
515:
751:
343:, and the Ashoka Foundation launched a month-long campaign in Bangalore called RideSmartBLR to encourage car-rental and discourage drunk driving for its health, economical and environmental benefits.
972:
350:'s Accelerator Plus program in Bangalore in Spring 2014. This program is designed to provide more tailored assistance to later-stage start-ups as they scale their business and raise capital.
726:
1326:
1209:
1411:
540:
1120:
804:
493:
396:
In July 2018, Zoomcar suffered a data breach exposing more the data of more than 3.5 million users including names, email and IP addresses, phone numbers and passwords.
1352:"ASCI bans 54 ads, including HUL, Godrej, Marico, Airtel 4G, Flipkart, Bennett Coleman & Co, HT Media, Shoppers Stop, HDFC Bank, Max Bupa, in September - Moneylife"
2144:
653:
777:
1510:
1172:
2169:
2149:
2139:
1377:
830:
268:, Wharton Statistics Chair Edward George, and the former Director of the Cambridge Centre for Entrepreneurial Studies Shai Vyakarnam. Back met Summers at
1147:
976:
2159:
295:, Globevestor., and Cyber Carrier CL. Zoomcar has also raised money from former Infosys CFO T.V. Mohandas Pai and his business partner Abhay Jain.
2164:
245:
1235:
2129:
856:
381:
2134:
947:
1445:
443:
1503:
234:
701:
212:
468:
384:
banned 54 controversial Indian ads which included a video advertisement by
Zoomcar. The ad was found to be in violation of India's
1254:
675:
1671:
548:
363:
that the situation had aggravated and the company urged extreme caution to customers traveling to the region. The taxi unions of
2016:
973:"Self-drive car sharing company Zoomcar raises $ 8 million venture funding led by Sequoia Capital - timesofindia-economictimes"
29:
1076:
1496:
1049:
882:
140:
998:
592:
1094:
385:
834:
1746:
204:
1467:
2106:
2094:
1955:
1892:
1277:"Updated: Zoomcar & Myles advise caution after Ladakh taxi union revolts against self-drive rental cars"
541:"Business News, India Stock Market, Personal Finance, IPO, Financial News Headlines - The Financial Express"
2061:
607:
332:
276:
1965:
1864:
1731:
1613:
1588:
288:
216:
1301:
570:
1302:""The situation has aggravated"; Zoomcar advises extreme caution as taxi unions damage cars in Ladakh"
1902:
1841:
1598:
1566:
1541:
220:
211:
and Moran worked on energy financing projects. The pair also attended business school; Moran at the
2154:
2046:
1960:
1887:
1716:
1711:
1633:
805:"Self-drive car rental startup Zoom raises $ 215K in angel funding; targets $ 3B rent-a-car market"
1276:
2011:
1859:
1756:
1653:
1638:
1618:
1194:
328:
280:
269:
233:
In
December 2023, Zoomcar merged with Innovative International Acquisition Corporation (IOAC), a
208:
1121:"We will invest in 10-12 startups this year: Ankur Shrivastava of crowdfunding site Globevestor"
358:
In July 2015, Zoomcar issued caution information to its customers following opposition from the
256:
Zoom initially raised capital from individual investors including Former US Treasury
Secretary
230:
In May 2015, Back resigned from the company, and moved back to the US citing personal reasons.
2066:
2031:
1950:
1897:
1681:
1583:
1573:
1419:
1385:
265:
195:. Founded in 2013 by David Back and Greg Moran, it currently operates in more than 34 cities.
752:"Bengaluru-based Zoomcar terminates Greg Moran as CEO amid concerns over revenue projections"
1975:
1776:
1771:
1603:
1546:
257:
1942:
1816:
1556:
284:
136:
654:"Zoom Inc. lets its customers enjoy the benefits of using a car without having to own it"
948:"Ford leads $ 24M investment in India-based vehicle rental company Zoomcar – TechCrunch"
922:
2051:
1927:
1879:
1869:
1849:
1811:
1608:
1536:
782:
39:
2123:
2006:
1854:
1751:
1726:
1686:
1255:"16 tech startups selected for Microsoft Ventures Accelerator Program's latest batch"
444:"Zoomcar's Loss More Than Halves To INR 74 Cr In FY22, Operating Revenue Up 1.2X YoY"
261:
57:
47:
291:, FundersClub, Basset Investment Group, Athene Capital, Empire Angels, VentureSouq,
1970:
1821:
1643:
388:
by the council, following which the advertisement was pulled off by the company.
2041:
1991:
1766:
1561:
1551:
367:
and Ladakh continue to resist entry of non-local commercial cars in the region.
516:"Zoomcar resumes operations in 35 cities after easing of lockdown restrictions"
1801:
1701:
1691:
1663:
1578:
1525:
923:"India's Zoomcar raises $ 40M led by automotive giant Mahindra & Mahindra"
423:
312:
188:
150:
67:
1423:
1389:
1236:"Microsoft Accelerator Launches New Program For Late Stage Startups In India"
2076:
1791:
1786:
1741:
1736:
1706:
347:
304:
192:
116:
112:
1098:
1050:"Empire Angels leads round for Indian car rental startup Zoomcar - PE Hub"
1024:
28:
2056:
2021:
2001:
1996:
1917:
1806:
1781:
1628:
1593:
336:
secure parking for its vehicles and offer pick-up points to its members.
316:
308:
292:
1488:
2071:
2026:
1696:
364:
1446:"Zoomcar flooded with complaints over pending refunds due to lockdown"
727:"Zoomcar merges with Innovative International Acquisition Corporation"
1922:
1826:
1721:
1676:
1623:
1173:"Zoom Chooses Ford to Pioneer Innovative Car Rental Service in India"
359:
238:
53:
1412:"Karnataka Transport authority listens to complains against Zoomcar"
207:, where both graduated in 2007. After graduating, Back studied at
1932:
1907:
1761:
883:"How two Americans zoomed into India's car rental market — Quartz"
132:
120:
264:, Vice-Dean of International Legal Studies at Harvard Law School
203:
American duo David Back and Greg Moran met while studying at the
2036:
1912:
1796:
1648:
340:
1492:
248:
had flagged concerns about the company's revenue projections.
1468:"Customer Money Stuck In Refunds, But Zoomcar CEO 'Unaware'"
1327:"Self drive rental service cos offer a string of benefits"
176:
1210:"ZoomCar, Uber launch smart riding campaign in Bangalore"
1148:"Zoomcar raises funds from Chinese VC firm Cyber Carrier"
831:"Microsoft Accelerator - Global Startup Stories: ZoomCar"
244:
In June 2024, CEO Greg Moran was fired months after the
608:"Zoom Creates Self Drive Car Market Segment in India"
857:"Tech in Asia - Connecting Asia's startup ecosystem"
1984:
1941:
1878:
1840:
1662:
1524:
1378:"Data of 3.5 million Zoomcar customers up for sale"
172:
156:
146:
126:
108:
91:
73:
63:
45:
35:
272:, where Back was a teaching assistant to Summers.
778:"Larry Summers fuels Bangalore car hire startup"
327:Zoom partnered with the auto manufacturers like
260:, Chair of the UK Institute of Directors Lady
1504:
382:Advertising Standards Council of India (ASCI)
8:
21:
676:"Attacking a $ 3 billion rent a car market"
275:Zoomcar's institutional investors include:
1511:
1497:
1489:
593:"President's challenge finalists selected"
319:) and other similar car rental companies.
27:
20:
1077:"How Zoomcar Took Over The Indian Roads"
571:"High-tech entrepreneurs flock to India"
494:"14 startups to look forward to in 2014"
2145:Transport companies established in 2013
1146:Chakraborty, Sayan (20 December 2016).
702:"Zoomcar co-founder David Back resigns"
652:Pranbihanga Borpuzari (23 March 2013).
435:
246:U.S. Securities and Exchange Commission
1253:Economictimes.com (11 February 2014).
909:"Indian Drivers Attract Larry Summers"
631:"Indian Drivers Attract Larry Summers"
2170:Special-purpose acquisition companies
7:
2150:Retail companies established in 2013
2140:Indian companies established in 2013
2102:
1410:Kar, Sanghamitra (4 December 2022).
1234:Mishra, Pankaj (11 February 2014).
1208:Shilpa Phadnis (21 November 2013).
1195:"Featured Member : Greg Moran"
235:special-purpose acquisition company
1444:Suresh, Haripriya (11 July 2020).
14:
1075:Sabharwal, Punita (27 May 2018).
400:Illegally renting whiteboard cars
213:University of Southern California
2160:2013 establishments in Karnataka
2101:
2090:
2089:
1672:List of carsharing organizations
1376:Kar, Sanghamitra (23 May 2020).
469:"Investor Presentation Mar 2024"
161:
160:
2017:Dollar Thrifty Automotive Group
303:Zoomcar faces competition from
2165:Companies listed on the Nasdaq
1:
2130:Car rental companies of India
907:Mark Bergen (8 August 2013).
629:Mark Bergen (8 August 2013).
2135:Companies based in Bangalore
1175:. @Fordonline. 24 April 2013
911:. Wall Street Journal India.
700:Ambre, Ashna (29 May 2015).
141:Middle East and North Africa
633:. Wall Street Journal India
386:Dowry Prohibition Act, 1961
191:platform, headquartered in
79:; 11 years ago
2186:
1747:GetGo (carsharing company)
237:, to become listed on the
205:University of Pennsylvania
2085:
1898:Hertz Moving Truck Rental
409:Breaches of refund policy
405:car is illegal in India.
241:as Zoomcar Holdings Inc.
26:
16:Indian car rental company
1197:. TIE Bangalore Chapter.
1003:Nokiagrowrthpartners.com
339:In November 2013, Zoom,
1956:Combined Motor Holdings
1893:Enterprise Rent-a-Truck
1125:Techcircle.vccircle.com
1095:"OurCrowd > Zoomcar"
809:Techcircle.vccircle.com
277:Mahindra & Mahindra
1466:Kritti (7 July 2020).
380:In December 2015, the
22:Zoomcar Holdings, Inc.
1966:Hertz Global Holdings
1865:Motorhome hire agency
1842:Recreational vehicles
1519:Vehicle rental brands
881:Punit, Itika Sharma.
346:Zoom was a member of
289:Nokia Growth Partners
217:Judge Business School
1331:www.businesstoday.in
1257:. The Economic Times
979:on 16 September 2016
837:on 20 September 2016
545:Financialexpress.com
496:. The Economic Times
376:Banned advertisement
221:Cambridge University
1961:Enterprise Holdings
1903:Penske Truck Rental
1888:Budget Truck Rental
1717:Enterprise Car Club
23:
2012:Community CarShare
1702:Communauto/Vrtucar
1416:The Economic Times
1382:The Economic Times
1214:The Times Of India
731:The Economic Times
606:Radhika Koppanur.
520:The Economic Times
281:Ford Motor Company
270:Harvard University
209:Harvard Law School
168:9.9 million (2023)
77:February 2013
2117:
2116:
2067:Tilden Rent-a-Car
1951:Avis Budget Group
1943:Holding companies
1682:Cambio CarSharing
1127:. 16 January 2015
706:www.livemint.com/
315:), Ola Drive by (
266:William P. Alford
182:
181:
2177:
2105:
2104:
2093:
2092:
1976:Tourism Holdings
1777:Momo Car-Sharing
1604:First Car Rental
1513:
1506:
1499:
1490:
1483:
1482:
1480:
1478:
1463:
1457:
1456:
1454:
1452:
1441:
1435:
1434:
1432:
1430:
1407:
1401:
1400:
1398:
1396:
1373:
1367:
1366:
1364:
1362:
1356:www.moneylife.in
1348:
1342:
1341:
1339:
1337:
1323:
1317:
1316:
1314:
1312:
1298:
1292:
1291:
1289:
1287:
1273:
1267:
1266:
1264:
1262:
1250:
1244:
1243:
1231:
1225:
1224:
1222:
1220:
1205:
1199:
1198:
1191:
1185:
1184:
1182:
1180:
1169:
1163:
1162:
1160:
1158:
1143:
1137:
1136:
1134:
1132:
1117:
1111:
1110:
1108:
1106:
1097:. Archived from
1091:
1085:
1084:
1072:
1066:
1065:
1063:
1061:
1056:. 3 October 2013
1046:
1040:
1039:
1037:
1035:
1021:
1015:
1014:
1012:
1010:
1005:. 26 August 2017
995:
989:
988:
986:
984:
975:. Archived from
969:
963:
962:
960:
958:
944:
938:
937:
935:
933:
919:
913:
912:
904:
898:
897:
895:
893:
878:
872:
871:
869:
867:
853:
847:
846:
844:
842:
833:. Archived from
827:
821:
820:
818:
816:
801:
795:
794:
792:
790:
774:
768:
767:
765:
763:
748:
742:
741:
739:
737:
723:
717:
716:
714:
712:
697:
691:
690:
688:
686:
672:
666:
665:
663:
661:
649:
643:
642:
640:
638:
626:
620:
619:
617:
615:
603:
597:
596:
589:
583:
582:
580:
578:
567:
561:
560:
558:
556:
551:on 13 April 2015
547:. Archived from
537:
531:
530:
528:
526:
512:
506:
505:
503:
501:
490:
484:
483:
481:
479:
473:
465:
459:
458:
456:
454:
440:
258:Lawrence Summers
215:and Back at the
167:
164:
163:
87:
85:
80:
31:
24:
2185:
2184:
2180:
2179:
2178:
2176:
2175:
2174:
2120:
2119:
2118:
2113:
2081:
1980:
1937:
1874:
1836:
1817:Uhaul Car Share
1658:
1520:
1517:
1487:
1486:
1476:
1474:
1465:
1464:
1460:
1450:
1448:
1443:
1442:
1438:
1428:
1426:
1409:
1408:
1404:
1394:
1392:
1375:
1374:
1370:
1360:
1358:
1350:
1349:
1345:
1335:
1333:
1325:
1324:
1320:
1310:
1308:
1300:
1299:
1295:
1285:
1283:
1275:
1274:
1270:
1260:
1258:
1252:
1251:
1247:
1233:
1232:
1228:
1218:
1216:
1207:
1206:
1202:
1193:
1192:
1188:
1178:
1176:
1171:
1170:
1166:
1156:
1154:
1145:
1144:
1140:
1130:
1128:
1119:
1118:
1114:
1104:
1102:
1093:
1092:
1088:
1074:
1073:
1069:
1059:
1057:
1048:
1047:
1043:
1033:
1031:
1029:fundersclub.com
1023:
1022:
1018:
1008:
1006:
997:
996:
992:
982:
980:
971:
970:
966:
956:
954:
946:
945:
941:
931:
929:
921:
920:
916:
906:
905:
901:
891:
889:
880:
879:
875:
865:
863:
855:
854:
850:
840:
838:
829:
828:
824:
814:
812:
803:
802:
798:
788:
786:
776:
775:
771:
761:
759:
750:
749:
745:
735:
733:
725:
724:
720:
710:
708:
699:
698:
694:
684:
682:
674:
673:
669:
659:
657:
651:
650:
646:
636:
634:
628:
627:
623:
613:
611:
605:
604:
600:
591:
590:
586:
576:
574:
569:
568:
564:
554:
552:
539:
538:
534:
524:
522:
514:
513:
509:
499:
497:
492:
491:
487:
477:
475:
471:
467:
466:
462:
452:
450:
442:
441:
437:
432:
420:
411:
402:
394:
378:
373:
356:
325:
301:
285:Sequoia Capital
254:
201:
177:www.zoomcar.com
165:
137:South East Asia
129:
104:
83:
81:
78:
50:
17:
12:
11:
5:
2183:
2181:
2173:
2172:
2167:
2162:
2157:
2152:
2147:
2142:
2137:
2132:
2122:
2121:
2115:
2114:
2112:
2111:
2099:
2086:
2083:
2082:
2080:
2079:
2074:
2069:
2064:
2059:
2054:
2052:PhillyCarShare
2049:
2044:
2039:
2034:
2029:
2024:
2019:
2014:
2009:
2004:
1999:
1994:
1988:
1986:
1982:
1981:
1979:
1978:
1973:
1968:
1963:
1958:
1953:
1947:
1945:
1939:
1938:
1936:
1935:
1930:
1928:United Rentals
1925:
1920:
1915:
1910:
1905:
1900:
1895:
1890:
1884:
1882:
1876:
1875:
1873:
1872:
1870:Wicked Campers
1867:
1862:
1857:
1852:
1850:Cruise America
1846:
1844:
1838:
1837:
1835:
1834:
1829:
1824:
1819:
1814:
1809:
1804:
1799:
1794:
1789:
1784:
1779:
1774:
1769:
1764:
1759:
1754:
1749:
1744:
1739:
1734:
1729:
1724:
1719:
1714:
1709:
1704:
1699:
1694:
1689:
1684:
1679:
1674:
1668:
1666:
1660:
1659:
1657:
1656:
1651:
1646:
1641:
1636:
1631:
1626:
1621:
1616:
1611:
1609:Fox Rent a Car
1606:
1601:
1596:
1591:
1586:
1581:
1576:
1571:
1570:
1569:
1564:
1554:
1549:
1544:
1539:
1534:
1530:
1528:
1522:
1521:
1518:
1516:
1515:
1508:
1501:
1493:
1485:
1484:
1458:
1436:
1402:
1368:
1343:
1318:
1293:
1268:
1245:
1226:
1200:
1186:
1164:
1138:
1112:
1101:on 9 June 2016
1086:
1067:
1041:
1016:
990:
964:
952:techcrunch.com
939:
914:
899:
873:
861:Techinasia.com
848:
822:
811:. 1 April 2013
796:
783:Times of India
769:
758:. 27 June 2024
756:Business Today
743:
718:
692:
667:
656:. Entrepreneur
644:
621:
598:
595:. The Crimson.
584:
573:. PBS NewsHour
562:
532:
507:
485:
460:
434:
433:
431:
428:
427:
426:
419:
416:
410:
407:
401:
398:
393:
390:
377:
374:
372:
369:
355:
352:
324:
321:
300:
297:
253:
250:
200:
197:
180:
179:
174:
170:
169:
158:
154:
153:
148:
144:
143:
130:
127:
124:
123:
110:
106:
105:
103:
102:
99:
95:
93:
89:
88:
75:
71:
70:
65:
61:
60:
51:
46:
43:
42:
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
2182:
2171:
2168:
2166:
2163:
2161:
2158:
2156:
2153:
2151:
2148:
2146:
2143:
2141:
2138:
2136:
2133:
2131:
2128:
2127:
2125:
2110:
2109:
2100:
2098:
2097:
2088:
2087:
2084:
2078:
2075:
2073:
2070:
2068:
2065:
2063:
2060:
2058:
2055:
2053:
2050:
2048:
2045:
2043:
2040:
2038:
2035:
2033:
2030:
2028:
2025:
2023:
2020:
2018:
2015:
2013:
2010:
2008:
2007:City CarShare
2005:
2003:
2000:
1998:
1995:
1993:
1990:
1989:
1987:
1983:
1977:
1974:
1972:
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311:(backed by
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