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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Car rental startup Revv raises $9 mn in institutional funding

FUND_raise_feThe company did not reveal how much it raised in equity but said it was a Series A round, led by Edelweiss Private Equity. The undisclosed debt funding was raised from financing partners Mahindra & Mahindra Financial Services and car leasing partner LeasePlan India. With the acquired funds, the on-demand car rental startup plans to […]

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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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Snapdeal hires ex-Zoomcar exec Mayank Jain as head of growth

SnapdealE-commerce marketplace Snapdeal, run by Gurgaon-based Jasper Infotech Pvt Ltd, has appointed former Zoomcar executive Mayank Jain as head of growth. Jain will lead user growth strategy and focus on harnessing the value of analytics, it said in a statement. “He brings on board a rich understanding of using analytics for growth,” said Rohit Bansal, […]

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