Founders: David Back and
Greg Moran
Founded: 2012
Zoomcar is a Self-Drive car rental service which allows you to rent cars by the hour, day, week, or month. Basically, they save you the cost and hassle of owning a car while giving you all the good parts: convenience, mobility, and independence.
The company currently operates in Bengaluru, Pune, NCR, Hyderabad, Mumbai and Chennai.
Funding: $8 Mn Series A round of funding from Sequoia Capital in October 2014. $1 Mn Seed funding from Basset Investment Group, FundersClub, Empire Angels and Lady Barbara Judge, $1.6 Mn Seed funding from A. Lloyd Thomas and Blue Cloud Ventures on Oct 4, 2013. $600k in Convertible Note in April 2013 from Rajkumar Elango, Lady Barbara Judge and Empire Angels.