Zoomcar is an Indian carsharing platform, headquartered in Bangalore. The company was founded in 2013 by David Back and Greg Moran. It currently operates in 34+ cities.
Official Customer Care & Support Information
| Registered Address | Roppen Transportation Services Pvt Ltd, 3rd Floor, Sai Prithvi Arcade, Megha Hills, Sri Rama Colony, Madhapur, Hyderabad – 500081. |
| Head Office | Roppen Transportation Services Pvt Ltd, #148, 1st Floor, SLV Nilaya, 5th Main 80ft road, HSR Layout 7th Sector, Bangalore 560102. |
| Customer Care Number | 080-6897 5666 |
| Helpline | 080-6897 5666 |
| WhatsApp support Number | – |
| Email ID | [email protected] [email protected] [email protected] |
| Website | https://www.zoomcar.com/ |
| Download App | https://play.google.com/store/apps/details?id=com.zoomcar |
Zoomcar History
American duo David Back & Greg Moran, met while studying at the University of Pennsylvania, where both graduated in 2007. After graduating, Back studied at Harvard Law School and Moran worked on energy financing projects. The pair also attended business school; Moran at the University of Southern California and Back at the Judge Business School at Cambridge University.
Back and Moran both dropped out of business school to move to India and pursue a venture in car rentals. In May 2015, Back resigned from the self-drive car rental company, and decided to move back to the US citing personal reasons.
Zoom officially launched operations in Bangalore in February 2013 using JustShareIt platform. Zoom started with $215,000 in capital and a fleet of seven cars.
Zoom initially raised capital from individual investors including Former US Treasury Secretary Lawrence Summers, Chair of the UK Institute of Directors Lady Barbara Judge, Vice-Dean of International Legal Studies at Harvard Law School William P. Alford, Wharton Statistics Chair Edward George, and the former Director of the Cambridge Centre for Entrepreneurial Studies Shai Vyakarnam. Back met Summers at Harvard University, where Back was a teaching assistant to Summers.
Zoomcar’s institutional investors include: Mahindra&Mahindra, Ford Motor Company, Sequoia Capital, Nokia Growth Partners, FundersClub, Basset Investment Group, Athene Capital, Empire Angels, VentureSouq, OurCrowd, Globevestor., and Cyber Carrier CL. Zoomcar has also raised money from former Infosys CFO T.V. Mohandas Pai and his business partner Abhay Jain.
At Ford’s investor day presentation in September 2016, CEO Mark Fields described difficulties with Ford’s prior strategy in India, but commented “Our new mobility business could be a factor that plays in there. That’s why you saw us about a month ago take an equity position in Zoomcar, which is the largest car sharing service in India.”
Zoomcar has raised a total funding of Rs. 673 Cr. and it has been valued at Rs. 1778 Cr. in its latest round of funding.
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