Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024
Revenues10.2m12.8m8.8m9.9m
% growth-25 %(31 %)12 %
EBITDA(14.9m)(33.3m)(37.6m)(27.9m)
% EBITDA margin(146 %)(261 %)(425 %)(282 %)
Profit(27.7m)(31.0m)(62.0m)(34.3m)
% profit margin(271 %)(243 %)(703 %)(346 %)
R&D budget3.0m4.2m5.2m4.3m
R&D % of revenue30 %33 %59 %44 %
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DateInvestorsAmountRound
-

N/A

-
N/A

$600k

Convertible

$1.6m

Seed
N/A

$1.3m

Debt

$8.0m

Series A

$11.0m

Series B

$4.6m

Late VC

$24.0m

Series B

$1.4m

Valuation: $120m

Early VC

N/A

Series B
*

$40.0m

Valuation: $130m

Series C

$1.1m

Valuation: $200m

Early VC

$3.6m

Debt

N/A

Early VC

$2.0m

Early VC

$2.6m

Late VC

$30.0m

Series D

$39.8m

Late VC

$17.6m

Series E
*

$92.0m

Series E
*

$200m

Valuation: $456m

44.6x EV/LTM Revenues

SPAC IPO
*
N/A

$3.6m

Post IPO Debt
Total Funding€251m

Recent News about Zoomcar

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More about Zoomcarinfo icon
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Zoomcar is a self-drive car rental company that provides a diverse fleet of vehicles for various needs including shopping, travel, daily commutes, and outstation trips. Operating primarily in urban markets across India, Zoomcar serves individual customers who prefer the flexibility and convenience of driving themselves without the long-term commitment of owning a car. The business model revolves around a straightforward booking process where customers select a car, pay a rental fee, and drive the vehicle for a specified period before returning it. Revenue is generated through rental fees and a small security deposit. Zoomcar differentiates itself with excellent customer service, well-maintained vehicles, and a user-friendly app that simplifies the rental process. The company has a strong presence in major Indian cities and aims to expand its network of pick-up points to enhance accessibility for its customers.

Keywords: self-drive, car rental, urban markets, individual customers, flexible, convenient, well-maintained vehicles, user-friendly app, excellent customer service, India.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Zoomcar

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Zoomcar
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