Zoomcar lands $40 million funding from Mahindra & Mahindra

Date posted: Monday 19 February 2018

Self-drive car rental company Zoomcar India has raised $40 million (Rs.255.4 cr.) in its latest round of funding, which was led by automotive major Mahindra & Mahindra. Zoomcar stated that the new funding round will enable it to hit over 15,000 subscriber vehicles on the platform before the end of 2018.

(ET Tech)