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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

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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With bookings up 10% YoY and repeat users surging 86%, Zoomcar introduces tech suite for large fleet partners to boost earnings and utilization BANGALORE, India, July 10, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. (OTCQX:ZCAR), India's leading peer-to-peer car-sharing marketplace, today announced the rollout of 'ZoomPro', a powerful new B2B dashboard designed to enable large fleet partners to manage vehicles, pricing, and bookings with ease, without relying solely on the Zoomcar mobile app. This launch marks a significant step in Zoomcar's strategy to consolidate and professionalize the self-drive ecosystem, offering scalable digital infrastructure through ZoomPro for supply partners to gr

BENGALURU, India, July 01, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ('Zoomcar' or the 'Company') (OTCQX:ZCAR), India's largest peer-to-peer car-sharing marketplace, today announced a strategic partnership with CARS24, a leading platform for used car transactions in India, to bring industry-grade vehicle inspection and tracking standards to the self-drive car-sharing space. As part of this collaboration, CARS24 will conduct Pre-Delivery Inspections (PDIs) and install GPS tracking devices on newly onboarded host vehicles, ensuring greater transparency, safety, and guest satisfaction. The pilot will initially cover host vehicles in Delhi, with the potential to expand based on results. With

Host Quality, Repeat Usage, and Cost Optimization Drive Turnaround; Contribution Profit Hits $4.25M, Operating Loss Cut by 67% BANGALORE, India, June 30, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. (OTCQX:ZCAR) ("Zoomcar" or "the Company"), India's leading car-sharing marketplace, today announced financial results for its fiscal year ended March 31, 2025. Deepankar Tiwari, CEO of Zoomcar, said:"FY 2025 was a pivotal year for Zoomcar as we strengthened our marketplace fundamentals and achieved new financial milestones. We continued to see meaningful improvements in Guest repeat behavior and Host retention; core elements that drive scale and sustainability. With a record contribution profit a

BENGALURU, India, June 23, 2025 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (OTCQX:ZCAR), the leading marketplace for self-drive car sharing in India, plans to report its financial and operating results for the fiscal year ending March 31, 2025 before markets open on June 30, 2025. The Company will post the release on its Investor Relations website investor-relations.zoomcar.com. The Company management will host a live Zoom Webinar at 8.00 am Eastern Time (US) on Monday, June 30, 2025 to discuss the financial results and provide corporate updates. A link to the call will be posted on the Company's investor relations website at investor-relations.zoomcar.com prior to

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