Zoomcar
ZCAR

$0.15

0.63%

Market Cap: 11.1M

About: Zoomcar Holdings Inc is India's largest marketplace for cars on rent. Zoomcar is a leading emerging-market-focused peer-to-peer car-sharing marketplace, with approximately 21,000 vehicles registered through its platform. The Company derives its revenue principally from short-term self-drive rentals and vehicle subscriptions. The self-drive rental business generates the majority of revenue. Geographically The company operates in India, Egypt, Indonesia, Vietnam, and the Philippines, Out of which the majority of revenue is derived from India.

Employees: 191

Consumer Discretionary Auto Rental & Leasing, without Drivers

0

Funds holding %

of 6,702 funds

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Analysts bullish %

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News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

71% more funds holding

Funds holding: 7 [Q4 2023] → 12 (+5) [Q1 2024]

9.59% less ownership

Funds ownership: 11.38% [Q4 2023] → 1.79% (-9.59%) [Q1 2024]

49% less capital invested

Capital invested by funds: $1.55M [Q4 2023] → $796K (-$751K) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for ZCAR.

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Financial journalist opinion

Why Is Zoomcar (ZCAR) Stock Up 52% Today?

Zoomcar (NASDAQ: ZCAR ) stock is rising higher on Wednesday alongside a couple of pieces of news from the car rental company. First off, traders will note that former Zoomcar president Adarsh Menon has left the company.

Why Is Zoomcar (ZCAR) Stock Up 52% Today?

Zoomcar Holdings, Inc. Announces Closing of Sale of $3.6 Million Notes Private Placement

BANGALORE, India , June 20, 2024 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ: ZCAR) (the "Company"), a marketplace for car sharing in emerging markets, today announces the closing of the purchase and sale of approximately $3.6 million of promissory notes and investor warrants for expected aggregate gross proceeds of $3 million with institutional investors. The offering consisted of the sale of (i) senior non-convertible notes in an aggregate principal amount of $3,600,000 (the "Notes"), and (ii) warrants to purchase approximately 53 million shares of Company common stock with an exercise price of $0.1416 per share (the "Warrants").

Zoomcar Holdings, Inc. Announces Closing of Sale of $3.6 Million Notes Private Placement

Zoomcar Partners with ACKO Drive; Empowers Local Hosts to Increase Car Fleet on its Car-Sharing Marketplace Platform

This Strategic Partnership Will Provide Competitive Offers for Local Zoomcar Hosts to Purchase Additional Vehicles with Industry-Leading Financing Options This Strategic Partnership Will Provide Competitive Offers for Local Zoomcar Hosts to Purchase Additional Vehicles with Industry-Leading Financing Options

Zoomcar Partners with ACKO Drive; Empowers Local Hosts to Increase Car Fleet on its Car-Sharing Marketplace Platform

Why Is Zoomcar (ZCAR) Stock Up 13% Today?

Zoomcar (NASDAQ: ZCAR ) stock is heading higher on Tuesday after the company announced a partnership with India-based online travel platform EaseMyTrip. This is a strategic partnership with EaseMyTrip that brings Zoomcar's fleet of 25,000 units to the platform.

Why Is Zoomcar (ZCAR) Stock Up 13% Today?

EaseMyTrip Partners With Zoomcar to Provide Pre-Booked and On-Demand Self-Drive Cars in India

Partnership Revolutionizes Travel in India, Offering Travelers Convenience and Flexibility in Planning Their Journeys End to End Partnership Revolutionizes Travel in India, Offering Travelers Convenience and Flexibility in Planning Their Journeys End to End

EaseMyTrip Partners With Zoomcar to Provide Pre-Booked and On-Demand Self-Drive Cars in India

Zoomcar to Participate in the 36th Annual ROTH Conference

BANGALORE, India, March 07, 2024 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (Nasdaq: ZCAR) (“Zoomcar,” the “Company,” “we,” or “our”), the leading marketplace for car sharing in emerging markets, will be attending the 36 th Annual ROTH Conference being held on March 17-19, 2024, at The Ritz Carlton Laguna Niguel in Dana Point California.

Zoomcar to Participate in the 36th Annual ROTH Conference

Zoomcar and SPARKCARS Forge Transformative Partnership to Raise EV Car Adoption in Self-Drive Space

Zoomcar and SPARKCARS Aim to Electrify India's Shared Mobility Landscape to Create Robust and Accessible EV Ecosystem Zoomcar and SPARKCARS Aim to Electrify India's Shared Mobility Landscape to Create Robust and Accessible EV Ecosystem

Zoomcar and SPARKCARS Forge Transformative Partnership to Raise EV Car Adoption in Self-Drive Space

Zoomcar Reports Fiscal Third Quarter 2023 Results

BANGALORE, India, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (Nasdaq: ZCAR) (“Zoomcar,” the “Company,” “we,” or “our”), the leading marketplace for car sharing in emerging markets, today reported select financial results for the third fiscal quarter ended December 31, 2023.

Zoomcar Reports Fiscal Third Quarter 2023 Results

Zoomcar Partners with CARS24 to Redefine Car Hosting Landscape

Tailored Offerings from CARS24 on Used Car Purchases and Flexible Financing Options Will Help Zoomcar Host Entrepreneurs Accelerate Their Success and Expand their Fleets Tailored Offerings from CARS24 on Used Car Purchases and Flexible Financing Options Will Help Zoomcar Host Entrepreneurs Accelerate Their Success and Expand their Fleets

Zoomcar Partners with CARS24 to Redefine Car Hosting Landscape

Zoomcar Introduces New Product Category with 50% Lower Pricing

Thrift Store, Zoomcar's Newest Product Offering, Redefines Self-Drive Car Sharing with Unbeatable Pricing Thrift Store, Zoomcar's Newest Product Offering, Redefines Self-Drive Car Sharing with Unbeatable Pricing

Zoomcar Introduces New Product Category with 50% Lower Pricing

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