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Zoomcar looks to raise over INR 36 Cr after internal cash infusion

Shortpedia

Content Team
Image Credit: shortpedia

Indian self-drive car rental company Zoomcar is chasing new investments in 2021 as it looks to revive its business after the slowdown in 2020. The company has raised over INR 5 Cr from its parent company Zoomcar Inc, registered in the US, the second such internal infusion in the first two months of the year. And it has also made an offer to existing investors to raise further capital and chart a course for revival.