Hotline: 1800 102 2007
Hotline: 1800 102 2007
Feb, 24 2020

Zoomcar eyes deeper penetration in Indian market

Zoomcar’s primary target is to have over 1,00,000 vehicles on road in 18-24 months.

By Features Writer
Zoomcar eyes deeper penetration in Indian market

Zoomcar, India’s leading self-drive mobility platform, is eyeing at a deeper penetration in the Indian market and owing to superior technology, Zoomcar has democratised accessibility to cars. Zoomcar’s primary target is to have over 1,00,000 vehicles on road in 18-24 months and to continue to empower its customers with better mobility alternatives at scale.

Zoomcar plans to deploy its investment into growth, technology & data science with a strong focus on enhancing an industry-leading IoT layout in addition to its shared subscription service. 

Zoomcar is the market leader in the self-drive space with over 10,000 cars in its fleet. With a strong focus on the mobile experience, Zoomcar allows users to rent cars by the hour, day, week, or month. Zoomcar operates in 45+ cities across India.

In 2018, Zoomcar introduced India’s first peer2peer-based marketplace for cars with the launch of its shared subscription mobility model and currently commands over 90% market share in this space.

Recent Appointment of Markish Arun as VP of Engineering

Aiming to build robust top management, Zoomcar has recently announced the appointment of Markish Arun as its Vice President (VP) of Engineering. In his new role, Markish will be responsible for all engineering initiatives and will also build respective teams with high levels of motivation and competency.

A veteran in the engineering segment with close to two decades of experience, Markish has been a techno-functional executive for over 15 years. His rich and dynamic profile indicates the value he brings to the table.

Greg Moran, CEO and Co-Founder, Zoomcar, said, “We’re thrilled to welcome Markish on board. Cutting edge technology has always been our priority and Markish’s appointment will further our already dominant lead on the technical platform side as we are doubling down on investing for 100k + cars on the platform.”

“Markish brings a wealth of relevant industry knowledge to the company that is highly valued. I believe that under his leadership, the teams will become highly efficient and am confident that he will drive the brand to the top and help in transforming the paradigm of self-drive mobility in India,” Moran further stated.

Markish Arun, VP of Engineering, Zoomcar, added “I am very pleased to start this new phase of my career with Zoomcar and excited to see what urban mobility has in the store for me. The kind of market, demand, and value proposition that Zoomcar has created across the country is commendable. I look forward to further enhance the brand’s market trajectory with my contributions.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • WE HAVE ENTIRE RANGE OF BAKERY PRODUCTS LIKE BREADS, COOKIES,..
    Locations looking for expansion Uttar pradesh
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
  • Others Health Care & Fitness
    About Us: Protein Shoppe India has been in the nutritional supplement..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Education Supplies
    About Us: Siddshree Publication is a privately held company, dedicated to..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 50000 - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Juices / Smoothies / Dairy Parlors
    About Us: Jugo Cafe started as Fresh Juice Outlet in major..
    Locations looking for expansion Delhi
    Establishment year 2007
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities