Figuring Out • 5m
How Zoomcar Transformed Car Rentals in India Back in 2013, Greg Moran and David Back saw a huge gap in India's transportation market: there was a lack of a platform to rent self-drive cars. So, they decided to create a platform that would allow users to rent cars directly from the app. Imagine you want to recreate the JNMD Spain trip, but don't have a car. With Zoomcar, you can simply select the date, rent any car, and begin your trip. But it wasn't easy to start! They needed a government license to begin, but were initially rejected. So, they had to partner with a company that already had the license, and that’s how they started. After that, it didn’t take long for the idea to take off. By 2015, they had expanded to 15 cities, and by 2017, they had raised a whopping $24 million in Series C funding. They later shifted to an asset-light model, where anyone could host their vehicles. This increased the number of available cars and made it easier to scale. Today, Zoomcar is a $460M company, has listed over 25,000 cars across 45+ cities, and generates $12 million in revenue. Do you think the rise of car rentals will increase in India?
Hey I am on Medial • 1y
Got an idea What if we could rent an area to park the car and they could park there by giving a small sum to the owner of the land through the app Like we could find areas where they r willing to rent the parking spot And if a guy needs to park his c
See More"Unlock Luxury – Any... • 4m
Hey! I’m building a peer-to-peer luxury car rental platform, where individual owners can rent out their cars for weddings, business trips, and travel—just like Turo in the US. Why This Works: ✅ Growing demand for luxury experiences ✅ Car owners ear
See MoreSenior Software Engi... • 1y
In recent days i have faced a one pain point. See, this is my idea... Wanted to build a application where people list their vechiles in application. Here is the marketplace... Ramu : locates in Hyderabad and he had a own car and listed in applica
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