Car rental startup Zoomcar enters Indonesia and Vietnam before US listing
Image Credit: Inc42
Launched in 2013, Zoomcar was India’s first mobility platform which now claims to have over 7,000 cars on its platform and a presence in nearly five countries. Headquartered in Bengaluru, the startup claims to employ over 300 people and has its operations in 50+cities across India. With the onset of the pandemic, the startup was muddled amid controversies and faced a poor financial state in terms of unit economics.