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Zoomcar history
Zoomcar company history timeline
Zoomcar was founded by Greg Moran and David Back in 2013.
With the debut of car-sharing services in 2013, Zoomcar enjoys the distinction of being India’s first personal mobility platform.
He then became a Summer Associate at Goldman Sachs before co-founding Zoomcar, where he served as the Co-founder and President, who resigned in 2015.
He joined the company in 2016 and scaled up operations and growth of Zoomcar in West India.
The company was founded by Dr Anil Diggiwal in 2018 and is currently a privately owned, bootstrapped organization.
The expenses of the company rose by 35% in the financial year that ended on March 31, 2020, with its income increasing only by 10%. However, after the lockdown rules and strictures were lifted the company started to unwind and is currently hoping to cover its losses in the next year or so.
Zoomcar holds the distinction of being India’s first personal mobility platform, with the introduction of car-sharing services in 2012. It is currently the market leader in the personal mobility space with over 10,000 cars in its fleet, and eyeing to add another 50,000 cars in its fleet by the next fiscal, as reported in March 2020.
The company raised $92 million in its Series E funding round on November 9, 2021, led by New York-based SternAegis Ventures.
Today, Zoomcar already has over 500 EVs on the road making it the largest electric shared mobility fleet in the country with plans to add another 1000 cars within the next year and 10,000 cars by 2021.
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Zippia gives an in-depth look into the details of Zoomcar, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Zoomcar. The employee data is based on information from people who have self-reported their past or current employments at Zoomcar. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Zoomcar. The data presented on this page does not represent the view of Zoomcar and its employees or that of Zippia.
Zoomcar may also be known as or be related to ZoomCar, Inc., Zoomcar, Zoomcar Inc., Zoomcar India Private Ltd and Zoomcar India Private Ltd.