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Zoomcar raises $40 mn in Series C round led by Mahindra & Mahindra

Retrieved on: 2018-02-15 13:36:07

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Zoomcar raises $40 mn in Series C round led by Mahindra & Mahindra. View article details on hiswai:

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<div>Its backers include Ford, <b>Sequoia Capital</b>, and angel investors such as former chief financial officer and HR head of Infosys TV Mohandas Pai and former US treasury secretary Lawrence Summers. For Zoomcar. the fresh funding comes at a time of overseas expansion and business diversification.</div>

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