It has done so in a Series B funding led by Ford Smart Mobility LLC with participation from existing investors Sequoia Capital, Nokia Growth Partners and Empire Angels. Ford was its first OEM partner in 2013, when Zoomcar launched in India. It is also the largest supplier of vehicles to the self drive company. Zoomcar will use the funds for scaling its Zoomcar Associate Program, the marketplace model and on technology.

Zoomcar raises $24 mn

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