Zoomcar co-founder David Back to drive strategy at Idein Ventures

David Back, co-founder, ZoomcarEarly-stage venture capital firm Idein Ventures has hired David Back, co-founder of self-drive car rental startup Zoomcar, as entrepreneur-in-residence. Back will advise Idein and its portfolio companies on strategy, growth, hiring, compensation, legal structure, customer acquisition, monetisation approach, and fundraising, the investment company said in a press statement. Founded by Rajeshwar Prasad, Mahesh Vellaboyina and […]

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Self-drive car rental firm Zoomcar tops up Series B round

Zoomcar1Self-drive car rental startup Zoomcar has raised an undisclosed amount of investment from Chinese venture capital firm Cyber Carrier CL, expanding its Series B round. Zoomcar Inc. had raised $24 million from Ford Smart Mobility LLC and existing investors Sequoia Capital, Empire Angels, OurCrowd and Nokia Growth Partners. Greg Moran, cofounder and CEO of Zoomcar […]

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Self-drive car rental firm Zoomcar tops up Series B round

Zoomcar1Self-drive car rental startup Zoomcar has raised an undisclosed amount of investment from Chinese venture capital firm Cyber Carrier CL, expanding its Series B round. Zoomcar Inc. had raised $24 million from Ford Smart Mobility LLC and existing investors Sequoia Capital, Empire Angels, OurCrowd and Nokia Growth Partners. Greg Moran, cofounder and CEO of Zoomcar […]

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Zoomcar names ex-FreeCharge exec Rajesh Bysani chief product officer

Rajesh Bysani, CPO, ZoomcarSelf-drive car rental startup Zoomcar India Pvt. Ltd has appointed Rajesh Bysani as its chief product officer. Prior to joining Zoomcar, Bysani led product and growth at digital payments firm FreeCharge. He also worked as AVP for products at bus ticketing platform redBus, where he was leading the B2C product and helped launch the mobile […]

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What startups expect from PM Modi’s ‘Startup India’ action plan

Untitled-10India’s startup ecosystem has grown by leaps and bounds over the past couple of years and now attracts the world’s biggest investment firms. Nonetheless, January 16 would probably mark the next phase of growth for the Indian startup ecosystem when Prime Minister Narendra Modi announces the much-awaited action plan for the ‘Startup India’ initiative that […]

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