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Pranav Alonay

studypartnerfinder.c... • 1y

The idea this startup is built on doesn't seem to be that bad of an idea, so what do you guys think is the issue here?

https://medial.app/news/zoomcar-india-posts-rs-237-cr-loss-on-rs-69-cr-revenue-in-fy23-e8b2b4fd14109

5 replies16 likes

Replies (5)

Rohan Mehta

Co-Founder at Unswee... • 1y

bad company, poor customer support, poor processe

1 replies1 like

Havish Gupta

Figuring Out • 1y

Issue to pata nahi, but i have one suggestion for them. They should also add an option to hire a driver. I know zoomcar is especially for self driving, though, cars at available at as low as 80 per hour (in mumbai). So if they also start providing an option for driver, they can Start rental service like ola and uber has (at much cheaper rates). Correct me of I'm wrong

1 replies1 like

Anonymous 2

Hey I am on Medial • 1y

People use rented cars roughly. The unit economics are tough too.

0 replies1 like

Anonymous 1

Hey I am on Medial • 1y

Idea does not equal revenue. Basically they are unable to scale their idea to the common people. Like Elon says - Prototypes are exciting, scale is difficult

0 replies1 like

Havish Gupta

Figuring Out • 1y

The idea was great, for both customer as well as car owner. Owner got extra income, customer got cars at affordable rate easily (the prices are very affordable) and the business model seems perfect. It's a Win Win Win situation. Revenue falling is a different thing.

0 replies

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A great idea but doesn't seem profitable, making it not worthy of building it.

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