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Zoomcar

TMT

23 February, 2018

VC-backed truck rental startup Porter to merge with Mahindra's SmartShift

Mahindra and Mahindra will merge its on-demand logistics platform connecting cargo owners and transporters, SmartShift, with truck rental startup Porter, ......

TMT

21 February, 2018

Mahindra to buy 23% stake in smart car solutions startup CarSense

Mahindra & Mahindra Ltd has agreed to buy a 22.9% stake in Carnot Technologies, which owns and operates smart car ......

TMT

16 February, 2018

Mahindra & Mahindra leads $40 mn Series C round in car rental startup Zoomcar

Automotive major Mahindra & Mahindra Ltd has picked up a 16% stake in self-drive car rental startup Zoomcar for $27.6 ......

TMT

13 January, 2018

VCC Startups Weekly Wrap: Rivigo to enter unicorn club; Zoomcar to sign $50-mn deal

Unicorns – the newest and oldest – continue to make headlines. The biggest newsmaker of the week was online logistics ......

People

05 January, 2018

Zoomcar promotes finance controller Tarun Jain to CFO

Self-drive car rental company Zoomcar has promoted its finance controller Tarun Jain to the post of chief financial officer (CFO), ......

Manufacturing

08 December, 2017

TVS Motor buys into electric two-wheeler startup Ultraviolette

TVS Motor Company Ltd has acquired a 14.78% stake in electric bike maker Ultraviolette Automotive Pvt. Ltd for Rs 5 ......

TMT

30 November, 2017

Ola to launch bicycle sharing, runs pilot on IIT Kanpur campus

Under its ambitious plan of covering a wide spectrum of transportation services, cab-aggregator Ola plans to launch bicycle sharing, and ......

TMT

21 November, 2017

Zoomcar in talks with Mahindra, others to raise $50 mn

Bengaluru-based self-drive car rental startup Zoomcar India Pvt. Ltd is in talks with both new and existing investors, including automobile ......

TMT

04 November, 2017

VCC Startups weekly wrap: Ebix buys Via; Paytm Payments Bank, Zoomcar make key hires

People movement was the highlight of the week gone by, with Paytm Payments Bank and self-drive car rental startup Zoomcar ......

People

01 November, 2017

Zoomcar appoints former Procter & Gamble exec as COO

Bangalore-based self-driven car rental startup Zoomcar has appointed former Procter & Gamble executive Sudhindra Reddy as its new chief operating ......