ZoomCar India Raises over $215K in Funding

ZoomCar India Pvt Ltd, a Bangalore-based operator of a car rental service, recently raised over $215k in funding.

Backers included New York-based Empire Angels and a UK group of investors led by Barbara Judge.

The company intends to use the capital to expand to multiple into neighbourhoods in Bangalore, Mumbai and Delhi within 2013.

Co-founded by CEO Greg Moran and president David Back, Zoom offers a membership-based, self-drive car hire service. The club provides members with the opportunity to book cars by the hour or by the day via the web site or the mobile app.
The tariff includes fuel, insurance, and taxes.




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