India’s Zoomcar raises $40M led by automotive giant Mahindra & Mahindra

 India’s Zoomcar — which operates an on-demand automotive rental service — has raised a $40 million Sequence C spherical led by Mahindra & Mahindra, the 70-year-old Indian company that makes a speciality of automotive. Ford and different present buyers additionally took half within the spherical, Zoomcar confirmed. CEO and co-founder Greg Moran added that the spherical remains to be open and could also be prolonged… Read More

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