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词条 Zoomcar
释义

  1. History

  2. Investors

  3. Competition

  4. Partnerships

  5. Opposition

  6. Controversy

  7. See also

  8. References

{{Use dmy dates|date=October 2018}}{{Use Indian English|date=October 2018}}{{Multiple issues|{{Advert|date=January 2017}}{{You|date=April 2018}}
}}{{Infobox company
| name = Zoomcar
| logo = Zoomcar logo.png
| type = Private
| founder = Greg Moran, David Back
| areas_served = All India[1]
| industry = Car rental
| services = "Self-drive" car rental
| homepage = www.zoomcar.com
| foundation = {{start date and age|df=yes|2013|02}}
| location = Bangalore, India
}}

Zoomcar is a self-drive car rental company headquartered in Bangalore, India. The company was founded in 2013 by David Back and Greg Moran .[2] As of April, the company operates in 45 cities across the country.

History

American duo[3] David Back & Greg Moran, met while studying at the University of Pennsylvania,[4] where both graduated in 2007. After graduating, Back studied at Harvard Law School[5] and Moran worked on energy financing projects.[6] The pair also went on to business school with full scholarships, 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.[7] In May 2015, Back resigned from the self-drive car rental company, and decided to move back to the US citing personal reasons.[8]

Zoom officially launched operations in Bangalore in February 2013.[9] Zoom started with $215,000 in capital and a fleet of seven cars.[10]

Investors

Zoom initially raised capital from individual investors including Former US Treasury Secretary Lawrence Summers,[11] Chair of the UK Institute of Directors Lady Barbara Judge,[12] Vice-Dean of International Legal Studies at Harvard Law School William P. Alford,[13] Wharton Statistics Chair Edward George,[14] and the former Director of the Cambridge Centre for Entrepreneurial Studies Shai Vyakarnam.[15] Back met Summers at Harvard University, where Back was a teaching assistant to Summers.[16]

Zoomcar's institutional investors include: Mahindra&Mahindra,[17] Ford Motor Company,[18] Sequoia Capital,[19] Nokia Growth Partners,[20] FundersClub,[21] Basset Investment Group,[22] Athene Capital,[23] Empire Angels, Venture Souk,[23] OurCrowd,[24] Globevestor.,[25] and Cyber Carrier CL.[26] Zoomcar has also raised money from former Infosys CFO T.V. Mohandas Pai and his business partner Abhay Jain.[27]

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."[28]

Competition

Zoomcar faces competition from Drivezy, MylesCars (backed by Carzonrent) and other similar car rental companies.

Partnerships

Zoom partners with the auto manufacturers like Ford & Mahindra which allowed them to become the first car rental company in India to offer an electric vehicle (the Mahindra REVA E2O by Mahindra) and the Ford EcoSport "urban SUV by Ford" in 2013.[29] Zoom also works with locally established real estate developers, universities, hotels, and corporate IT parks to secure parking for its vehicles and offer pick-up points to its members.[30]

In November 2013, Zoom, Uber, and the Ashoka Foundation launched a month-long campaign in Bangalore called RideSmartBLR to encourage car-rental and discourage drunk driving for its health, economical and environmental benefits.[31]

Zoom was a member of Microsoft's Accelerator Plus program in Bangalore in Spring 2014.[32] This program is designed to provide more tailored assistance to later-stage start-ups as they scale their business and raise capital.[33]

Opposition

In July 2015, Zoomcar issued caution information to its customers following opposition from the Ladakh taxi union. Following an incident in which a convoy of 15 cars rented from the company was reportedly attacked by members of the union with stones and iron rods, Zoomcar issued a cautionary mail to customers traveling to Khardung La and Nubra valley.[34] The following week Zoom issued an update stating that the situation had aggravated and the company urged extreme caution to customers traveling to the region.[35] The taxi unions of Gulmarg and Ladakh continue to resist entry of non-local commercial cars in the region.[36]

Controversy

In December 2015, the Advertising Standards Council of India (ASCI) banned 54 controversial Indian ads which included a video advertisement by Zoomcar.[37] The ad was found to be in violation of India's Dowry Prohibition Act, 1961 by the council, following which the advertisement was pulled off by the company.

See also

  • Carzonrent

References

1. ^{{cite web|url=http://www.zoomcar.com|title=Self Drive Car Rental in India - Car Hire - Rent a car - Zoomcar|first=Zoomcar India Private|last=Ltd.|website=Zoomcar.com|accessdate=24 April 2018}}
2. ^{{cite web|title=14 startups to look forward to in 2014|url=http://economictimes.indiatimes.com/slideshows/biz-entrepreneurship/14-startups-to-look-forward-to-in-2014/zoom/slideshow/27778004.cms|publisher=The Economic Times|accessdate=11 March 2014}}
3. ^{{cite web|url=http://www.financialexpress.com/article/industry/companies/india-calling-expat-preneurs/62910/|archive-url=https://web.archive.org/web/20150413074950/http://www.financialexpress.com/article/industry/companies/india-calling-expat-preneurs/62910/|dead-url=yes|archive-date=13 April 2015|title=Business News, India Stock Market, Personal Finance, IPO, Financial News Headlines - The Financial Express|website=Financialexpress.com|accessdate=24 April 2018}}
4. ^{{cite web|title=High-tech entrepreneurs flock to India|url=https://www.pbs.org/newshour/bb/high-tech-entrepreneurs-flock-india/|publisher=PBS NewsHour|accessdate=11 March 2014}}
5. ^{{cite web|title=President's challenge finalists selected|url=http://www.thecrimson.com/article/2012/4/13/presidents-challenge-finalists-selected/|publisher=The Crimson}}
6. ^{{cite web|title=Zoom Creates Self Drive Car Market Segment in India|url=http://vyapaari.in/zoom-creates-self-drive-car-market-segment-in-india/|publisher=vyapaari.in|accessdate=11 March 2014|author=Radhika Koppanur}}
7. ^{{cite web|title=Indian Drivers Attract Larry Summers|url=https://blogs.wsj.com/indiarealtime/2013/08/08/indian-drivers-attract-fed-hopeful-larry-summers/?mg=blogs-wsj&url=http%253A%252F%252Fblogs.wsj.com%252Findiarealtime%252F2013%252F08%252F08%252Findian-drivers-attract-fed-hopeful-larry-summers|publisher=Wall Street Journal India|accessdate=11 March 2014|author=Mark Bergen|date=8 August 2013}}
8. ^{{Cite news|url=http://www.livemint.com/Companies/FbBqXR43mcegiaZEyzjkbI/Zoomcar-cofounder-David-Back-resigns.html|title=Zoomcar co-founder David Back resigns|last=Ambre|first=Ashna|date=2015-05-29|work=www.livemint.com/|access-date=2017-09-05}}
9. ^{{cite web|title=Zoom Inc. lets its customers enjoy the benefits of using a car without having to own it|url=http://entrepreneurindia.in/start-ups/zoom-inc-lets-its-customers-enjoy-the-benefits-of-using-a-car-without-having-to-own-it/18597/|publisher=Entrepreneur|accessdate=11 March 2014|author=Pranbihanga Borpuzari|date=23 March 2013}}
10. ^{{cite web|title=Attacking a $3 billion rent a car market|url=https://www.forbes.com/sites/karstenstrauss/2013/04/01/attacking-a-3-billion-rent-a-car-market/|publisher=forbes.com|accessdate=11 March 2014}}
11. ^{{cite news|url=http://timesofindia.indiatimes.com/business/india-business/Larry-Summers-fuels-Bangalore-car-hire-startup/articleshow/21735220.cms|title=Larry Summers fuels Bangalore car hire startup |newspaper=Times of India|accessdate=24 April 2018}}
12. ^{{cite web|url=http://techcircle.vccircle.com/2013/04/01/self-drive-car-rental-startup-zoom-raises-215k-in-angel-funding-targets-3b-rent-a-car-market/|title=Self-drive car rental startup Zoom raises $215K in angel funding; targets $3B rent-a-car market|date=1 April 2013|website=Techcircle.vccircle.com|accessdate=24 April 2018}}
13. ^{{Cite web |url=https://www.microsoftaccelerator.com/blog/entry/GlobalStartupStoriesZoomCar%7C1058 |title=Archived copy |access-date=24 August 2016 |archive-url=https://web.archive.org/web/20160920222235/https://www.microsoftaccelerator.com/blog/entry/GlobalStartupStoriesZoomCar%7C1058 |archive-date=20 September 2016 |dead-url=yes |df=dmy-all }}
14. ^{{cite web|url=https://www.techinasia.com/ola-backer-sequoia-funds-zoomcars-hyperlocal-selfdrive-car-rental-disruptor-india|title=Tech in Asia - Connecting Asia's startup ecosystem|website=Techinasia.com|accessdate=24 April 2018}}
15. ^{{cite web|url=http://qz.com/458266/how-two-americans-zoomed-into-indias-self-driven-car-rental-market/|title=How two Americans zoomed into India’s car rental market — Quartz|first=Itika Sharma|last=Punit|website=qz.com|accessdate=24 April 2018}}
16. ^{{cite web|title=Indian Drivers Attract Larry Summers|url=https://blogs.wsj.com/indiarealtime/2013/08/08/indian-drivers-attract-fed-hopeful-larry-summers/?mg=blogs-wsj&url=http%253A%252F%252Fblogs.wsj.com%252Findiarealtime%252F2013%252F08%252F08%252Findian-drivers-attract-fed-hopeful-larry-summers|publisher=Wall Street Journal India|author=Mark Bergen|date=8 August 2013}}
17. ^{{Cite web|url=http://social.techcrunch.com/2018/02/16/zoomcar-raises-40m/|title=India’s Zoomcar raises $40M led by automotive giant Mahindra & Mahindra|website=TechCrunch|language=en-US|access-date=2019-04-04}}
18. ^{{cite web|url=https://techcrunch.com/2016/08/24/ford-leads-24m-investment-in-india-based-vehicle-rental-company-zoomcar/|title=Ford leads $24M investment in India-based vehicle rental company Zoomcar – TechCrunch|website=techcrunch.com|accessdate=24 April 2018}}
19. ^{{Cite web |url=http://articles.economictimes.indiatimes.com/2014-10-31/news/55631379_1_zoomcar-basset-investment-group-empire-angels |title=Archived copy |access-date=24 August 2016 |archive-url=https://web.archive.org/web/20160916105054/http://articles.economictimes.indiatimes.com/2014-10-31/news/55631379_1_zoomcar-basset-investment-group-empire-angels |archive-date=16 September 2016 |dead-url=yes |df=dmy-all }}
20. ^{{cite web|url=http://www.nokiagrowthpartners.com/news/press-releases-media/ngp-invests-in-zoomcar/|title=News|date=26 August 2017|website=Nokiagrowrthpartners.com|accessdate=24 April 2018}}
21. ^{{cite web|url=https://fundersclub.com/companies/zoom/|title=FundersClub|website=fundersclub.com|accessdate=24 April 2018}}
22. ^{{cite web|url=https://www.pehub.com/2013/10/empire-angels-leads-round-indian-car-rental-startup-zoomcar/|title=Empire Angels leads round for Indian car rental startup Zoomcar - PE Hub|date=3 October 2013|website=Pehub.com|accessdate=24 April 2018}}
23. ^1 {{cite web|url=https://www.crunchbase.com/organization/zoomcar-india|title=ZoomCar - Crunchbase|website=Crunchbase.com|accessdate=24 April 2018}}
24. ^{{Cite web |url=https://www.ourcrowd.com/Startup/zoomcar |title=Archived copy |access-date=24 August 2016 |archive-url=https://web.archive.org/web/20160609225442/https://www.ourcrowd.com/Startup/zoomcar |archive-date=9 June 2016 |dead-url=yes |df=dmy-all }}
25. ^{{cite web|url=http://techcircle.vccircle.com/2015/01/16/we-will-invest-in-10-12-startups-this-year-ankur-shrivastava-of-crowdfunding-site-globevestor/|title=We will invest in 10-12 startups this year: Ankur Shrivastava of crowdfunding site Globevestor|date=16 January 2015|website=Techcircle.vccircle.com|accessdate=24 April 2018}}
26. ^{{cite web|url=http://www.livemint.com/Companies/6UnSOssZy1628OveKTkfRN/Zoomcar-raises-funds-from-Chinese-VC-firm-Cyber-Carrier.html|title=Zoomcar raises funds from Chinese VC firm Cyber Carrier|first=Sayan|last=Chakraborty|date=20 December 2016|website=Livemint.com|accessdate=24 April 2018}}
27. ^{{Cite web |url=http://www.delhicar.in/ |title=Archived copy |access-date=20 November 2018 |archive-url=https://web.archive.org/web/20180901121929/http://www.delhicar.in/ |archive-date=1 September 2018 |dead-url=yes |df=dmy-all }}
28. ^{{cite web|url=http://www.fool.com/investing/2016/10/16/why-fords-ceo-is-having-second-thoughts-about-indi.aspx|title=Why Ford's CEO Is Having Second Thoughts About India|first=John|last=Rosevear|website=Fool.com|accessdate=24 April 2018}}
29. ^{{cite web|url=http://www.at.ford.com/news/cn/Pages/Zoom%20Chooses%20Ford%20to%20Pioneer%20Innovative%20Car%20Rental%20Service%20in%20India.aspx|title=Zoom Chooses Ford to Pioneer Innovative Car Rental Service in India|date=24 April 2013|publisher=@Fordonline|accessdate=11 March 2014}}
30. ^{{cite web|url=https://bangalore.tie.org/article/8/featured-member-greg-moran|title=Featured Member : Greg Moran|publisher=TIE Bangalore Chapter}}
31. ^{{cite web|url=http://timesofindia.indiatimes.com/tech/enterprise-it/services-apps/ZoomCar-Uber-launch-smart-riding-campaign-in-Bangalore/articleshow/26125804.cms|title=ZoomCar, Uber launch smart riding campaign in Bangalore|author=Shilpa Phadnis|date=21 November 2013|publisher=The Times Of India|accessdate=11 March 2014}}
32. ^{{Cite web|url=https://techcrunch.com/2014/02/11/microsoft-accelerator-launches-new-program-for-late-stage-startups-in-india/|title=Microsoft Accelerator Launches New Program For Late Stage Startups In India}}
33. ^{{cite web|url=http://articles.economictimes.indiatimes.com/2014-02-11/news/47235579_1_startups-boutline-batch|title=16 tech startups selected for Microsoft Ventures Accelerator Program's latest batch|author=Economictimes.com|date=11 February 2014|publisher=The Economic Times|accessdate=11 March 2014}}
34. ^{{Cite web|title = Updated: Zoomcar & Myles advise caution after Ladakh taxi union revolts against self-drive rental cars|url = http://www.medianama.com/2015/07/223-zoomcar-ladakh-taxi-union/|website = MediaNama|accessdate = 2015-12-30}}
35. ^{{Cite web|title = "The situation has aggravated"; Zoomcar advises extreme caution as taxi unions damage cars in Ladakh|url = http://www.medianama.com/2015/07/223-zoomcar-ladakh-taxi-union-cars/|website = MediaNama|accessdate = 2015-12-30}}
36. ^{{Cite web|title = Self drive rental service cos offer a string of benefits|url = http://www.businesstoday.in/magazine/features/self-drive-rental-service-companies-like-revv-zoomcar-myles-offers-a-string-of-benefits/story/226510.html|website = www.businesstoday.in|accessdate = 2015-12-30}}
37. ^{{Cite web|title = ASCI bans 54 ads, including HUL, Godrej, Marico, Airtel 4G, Flipkart, Bennett Coleman & Co, HT Media, Shoppers Stop, HDFC Bank, Max Bupa, in September - Moneylife|url = http://www.moneylife.in/article/asci-bans-54-ads-including-hul-godrej-marico-airtel-4g-flipkart-bennett-coleman-co-ht-media-shoppers-stop-hdfc-bank-max-bupa-in-september/44495.html|website = www.moneylife.in|accessdate = 2015-12-21}}
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