India: Car rental Zoomcar raises $24m in funding round led by Ford Motor unit

India: Car rental Zoomcar raises $24m in funding round led by Ford Motor unit

Car rental start-up Zoomcar has raised $24 million in a Series B funding round led by Ford Smart Mobility Llc, a unit of Ford Motor Co., the firm said in a statement on Wednesday. Existing investors Sequoia Capital, Nokia Growth Partners and Empire Angels also participated in the round.

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