ZCAR
ZoomcarZCAR
ZCAR
Delisted
ZCAR was delisted on the 23rd of March, 2025.
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
Financial journalist opinion
Neutral
PRNewsWire
1 week ago
Zoomcar and Wego Join Forces to Unlock Self-Drive Travel for Global Tourists in India
A timely partnership for today's global traveler navigating rising tariffs, airfare hikes, and a return to local-first exploration BENGALURU, India , May 13, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ: ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing in India, has partnered with Wego,the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), to offer seamless access to self-drive rentals for travelers exploring India. This partnership comes at a pivotal moment in global tourism.
Neutral
PRNewsWire
1 week ago
Zoomcar Welcomes Deepankar Tiwari as CEO to Drive Next Phase of Growth
BANGALORE, India , May 12, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (OTCQX: ZCAR), the leading marketplace for self-drive car sharing in India, today announced the appointment of Mr. Deepankar Tiwari as its Chief Executive Officer, effective May 9, 2025.
Neutral
PRNewsWire
1 month ago
Zoomcar Introduces Prepaid Vouchers; Confirms Its India-First Operating Model Unaffected by US-India Tariffs
BENGALURU, India , April 8, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ: ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announces the launch of Zoomcar Vouchers, enabling users to prepay for future trips on the app. With the repeat booking rate doubling and bookings from repeat users now exceeding bookings from new users, Zoomcar expands its product range to include prepaid vouchers, which is expected to improve user retention and encourage repeat user behavior.
Neutral
PRNewsWire
1 month ago
Mobility Pioneer Uri Levine Returns to Zoomcar as Chairman to Accelerate Growth in India
BENGALURU, India, March 31, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (Nasdaq: ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announced today the appointment of Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective today March 31, 2025. This strategic move signals Zoomcar's renewed focus on driving rapid expansion, leveraging Mr.
Neutral
Business Wire
1 month ago
NOTICE TO POTENTIAL CREDITORS OF ZCAR: Morris Kandinov LLP Announces Investigation Of Zoomcar Holdings Inc.
NEW YORK--(BUSINESS WIRE)--The law firm of Morris Kandinov LLP announces that it is investigating the insolvency of Zoomcar Holdings Inc. (“Zoomcar” or the “Company”) (NASDAQ: ZCAR) in connection with its disclosed defaults on multiple debt obligations owed to multiple lenders. The Company has disclosed that, since at least November 2023, it has been in violation of scheduled lease payment obligations to Ayvens Group, which has (i) initiated the process of repossession of all vehicles and (ii).
Neutral
GlobeNewsWire
2 months ago
Zoomcar Holdings, Inc. Announces 1-for-20 Reverse Stock Split
Bangalore, India, March 19, 2025 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (Nasdaq: ZCAR) (“Zoomcar” or the “Company”), a Nasdaq-listed leading marketplace for self-drive car sharing, announced today that it will effect a reverse stock split of its issued and outstanding shares of common stock, par value $0.0001 per share, at a ratio of 1-for-20. The reverse stock split will become effective at 4:30 p.m. Eastern Time on March 21, 2025, and the Company's common stock will begin trading on a split-adjusted basis when the market opens on March 24, 2025. The Company's common stock will continue to trade on the Nasdaq Global Market (“Nasdaq”) under the symbol “ZCAR.” The new CUSIP number for the Company's common stock following the reverse stock split will be 45784G309.
Neutral
PRNewsWire
2 months ago
TechBullion and Citybiz Interviews with CEO Hiroshi Nishijima of Zoomcar
BENGALURU, India , March 5, 2025 /PRNewswire/ -- TechBullion, a news platform dedicated to finance, technology, and company features, as well as Citybiz, a leading digital business news platform delivering local and national coverage across key industries, including finance, real estate, technology, and startups, both published yesterday interviews with Hiroshi Nishijima, Chief Executive Officer of Zoomcar Holdings, Inc. ('Zoomcar' or the 'Company') (NASDAQ: ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing. In the TechBullion interview, Mr.
Neutral
Accesswire
2 months ago
Zoomcar Holdings, Inc. Chief Executive Officer Hiroshi Nishijima to Present at the Investor Summit Virtual on March 11
BENGALURU, IN / ACCESS Newswire / March 5, 2025 / Hiroshi Nishijima, Chief Executive Officer of Zoomcar Holdings, Inc., will be presenting at this year's Investor Summit Virtual on March 11th. About Zoomcar Holdings, Inc. Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused in India.
Neutral
PRNewsWire
2 months ago
Asset-Light Model Transforming Mobility Solutions for Customers in India: Zoomcar
BENGALURU, India , Feb. 24, 2025 /PRNewswire/ -- A recent article published by ET Now News, India's leading English business news website, discussed the evolving transportation landscape in India, and how peer to peer car sharing models are transforming the future of mobility by making self-drive accessible without having to operate a large fleet. The "asset light model", as they call it, is game-changing for the mobility market in India, enabling sustainable and cost efficient transportation options.
Neutral
PRNewsWire
3 months ago
Zoomcar Reports its Fiscal Third Quarter Financial 2024 Results
Contribution Profit continues to increase in FQ3, reaching all time high Bookings growth of 19% vs prior year Achieved record Repeat User Rates and High Quality Host Retention Rates Debt restructuring under way BANGALORE, India , Feb. 14, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. (Nasdaq: ZCAR) ("Zoomcar," or "we," or "our"), the leading marketplace for car sharing in India, today announced results for its fiscal third quarter ended December 31, 2024. Hiroshi Nishijima, CEO of Zoomcar stated,.
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