Zoomcar announced that its revenue has grown 40% compared to this quarter last year, according to an article by Indian CEO. The startup plans to expand to more Southeast Asian and African countries in 2018.
Additionally, Zoomcar recently announced the launch of PEDL, a private cycle-sharing service in Bangalore. The service is available across residential areas, corporate office parks and universities for about 15 cents per hour.
Zoomcar was founded in 2013 by David Back and Greg Moran.