Zoomcar raises ₹25 crore in debt fund from Trifecta
Six months after raising $40 million in Series C funding led by Mahindra & Mahindra, car rental platform Zoomcar has raised $3.6 million (₹25 crore) from Trifecta Venture Debt Fund. For the year ended March 2017, Zoomcar reported a ₹100.4 crore loss, compared to ₹101.4 crore of loss in FY16. Founded in 2012, Zoomcar has raised $103.8 million till date.
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Zoomcar shifting to a marketplace model
It will sell all vehicles in its fleet over time
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