BANGALORE, India, May 12, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (OTCQX:ZCAR), the leading marketplace for self-drive car sharing in India, today announced the appointment of Mr. Deepankar Tiwari as its Chief Executive Officer, effective May 9, 2025. This change in leadership sets the stage for Zoomcar to deepen its market presence while driving strategic initiatives and elevating the user experience. Mr. Tiwari brings over 25 years of leadership experience in the automotive and mobility sectors. He spent more than two decades with the Tata Group, serving in various leadership roles within Tata Motors' Passenger Vehicle division, and later at Tata Sons, the

BENGALURU, India, March 31, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announced today the appointment of Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective today March 31, 2025. This strategic move signals Zoomcar's renewed focus on driving rapid expansion, leveraging Mr. Levine's unparalleled expertise in revolutionizing mobility. Mohan Ananda, current Chairman, will remain an active member of the Board and will assume the title of Chairman Emeritus upon this transition. Mr. Levine, a globally recognized visionary in the mobility technolog

BENGALURU, India, March 27, 2024 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, has partnered with ACKO Drive, a car buying platform by ACKO, to empower local Zoomcar Hosts to expand their car fleet. With this partnership, ACKO Drive is offering Zoomcar Hosts substantial savings of up to INR 85,000 on new car purchases along with attractive offers on car financing with instant loan approval, express car delivery and more. This partnership allows Hosts to expand their business presence and significantly increase their earnings. The demand for car sharing in the Indian travel l

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A timely partnership for today's global traveler navigating rising tariffs, airfare hikes, and a return to local-first explorationBENGALURU, India, May 13, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing in India, has partnered with Wego,the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), to offer seamless access to self-drive rentals for travelers exploring India. This partnership comes at a pivotal moment in global tourism. With rising airfares, currency fluctuations, and tariff tensions between major economies causing uncertain

BANGALORE, India, May 12, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (OTCQX:ZCAR), the leading marketplace for self-drive car sharing in India, today announced the appointment of Mr. Deepankar Tiwari as its Chief Executive Officer, effective May 9, 2025. This change in leadership sets the stage for Zoomcar to deepen its market presence while driving strategic initiatives and elevating the user experience. Mr. Tiwari brings over 25 years of leadership experience in the automotive and mobility sectors. He spent more than two decades with the Tata Group, serving in various leadership roles within Tata Motors' Passenger Vehicle division, and later at Tata Sons, the

Bangalore, India, May 08, 2025 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (OTCQX:ZCAR), a leading marketplace for self-drive car sharing in India, announced that its common shares and warrants are transitioning from the Nasdaq Global Markets to trading on the OTCQX Best Market and the OTCQB Venture Market, respectively, under the ticker symbols of "ZCAR" and "ZCARW", respectively. The OTCQX Market represents the highest market of OTC Markets Group's offerings and is designed for established, investor-focused U.S. and international companies. Trading on OTCQX enables Zoomcar to provide the greatest transparency, increased visibility, and accessibility to invest

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Zoomcar Holdings, Inc. (OTCQX:ZCAR) ("Zoomcar"), leading marketplace for self-drive car sharing in India, has qualified to trade on the OTCQX® Best Market. Zoomcar previously traded on NASDAQ. Zoomcar begins trading today on OTCQX under the symbol "ZCAR." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. For companies listed on a quali

BENGALURU, India, April 8, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announces the launch of Zoomcar Vouchers, enabling users to prepay for future trips on the app. With the repeat booking rate doubling and bookings from repeat users now exceeding bookings from new users, Zoomcar expands its product range to include prepaid vouchers, which is expected to improve user retention and encourage repeat user behavior. Zoomcar Vouchers, launching in the mid-April across three major cities, empowers users to plan travel in advance while providing a modest bonus credit upon purchase. Hiros

BENGALURU, India, March 31, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, announced today the appointment of Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective today March 31, 2025. This strategic move signals Zoomcar's renewed focus on driving rapid expansion, leveraging Mr. Levine's unparalleled expertise in revolutionizing mobility. Mohan Ananda, current Chairman, will remain an active member of the Board and will assume the title of Chairman Emeritus upon this transition. Mr. Levine, a globally recognized visionary in the mobility technolog

Bangalore, India, March 19, 2025 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar" or the "Company"),  a Nasdaq-listed leading marketplace for self-drive car sharing, announced today that it will effect a reverse stock split of its issued and outstanding shares of common stock, par value $0.0001 per share, at a ratio of 1-for-20. The reverse stock split will become effective at 4:30 p.m. Eastern Time on March 21, 2025, and the Company's common stock will begin trading on a split-adjusted basis when the market opens on March 24, 2025. The Company's common stock will continue to trade on the Nasdaq Global Market ("Nasdaq") under the symbol "ZCAR." The new CUSIP number for

BENGALURU, India, March 5, 2025 /PRNewswire/ -- TechBullion, a news platform dedicated to finance, technology, and company features, as well as Citybiz, a leading digital business news platform delivering local and national coverage across key industries, including finance, real estate, technology, and startups, both published yesterday interviews with Hiroshi Nishijima, Chief Executive Officer of Zoomcar Holdings, Inc. ('Zoomcar' or the 'Company') (NASDAQ:ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing. In the TechBullion interview, Mr. Nishijima addresses questions about the transformation of the company from asset heavy to the leading car-sharing marketplace in In

BENGALURU, India, Feb. 24, 2025 /PRNewswire/ -- A recent article published by ET Now News, India's leading English business news website, discussed the evolving transportation landscape in India, and how peer to peer car sharing models are transforming the future of mobility by making self-drive accessible without having to operate a large fleet. The "asset light model", as they call it, is game-changing for the mobility market in India, enabling sustainable and cost efficient transportation options. Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ:ZCAR), the Nasdaq

In the news release, Zoomcar Reports its Fiscal Third Quarter Financial 2024 Results, issued 14-Feb-2025 by Zoomcar over PR Newswire, we are advised by the company that the tables contain errors which were originally issued inadvertently. The complete, corrected release follows: Zoomcar Reports its Fiscal Third Quarter Financial 2024 Results Contribution Profit continues to increase in FQ3, reaching all time high Bookings growth of 19% vs prior year Achieved record Repeat User Rates and High Quality Host Retention Rates Debt restructuring under way BANGALORE, India, Feb. 14, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar," or "we," or "our"), the leading marketplace

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BENGALURU, India, Aug. 16, 2024 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ:ZCAR) ("Zoomcar," the "Company," "we," or "our"), the leading marketplace for car sharing in emerging markets, today reported select financial results for the first fiscal quarter ended June 30, 2024. Management Commentary "Our first fiscal quarter results reflect a robust performance in our ongoing efficiency efforts. We achieved record non-GAAP gross profit and contribution profit, while also laying the groundwork for substantial revenue growth in the coming quarters," stated Hiroshi Nishijima, CEO of Zoomcar. "This period also marked a significant milestone with the third consecutive quarter of contribution pr