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“One of our largest challenges is the payments system in India”- Greg Moran, Zoomcar

Towards the end of the last month, we spoke with Greg Moran, Zoomcar's cofounder and CEO, to understand the self car drive space, payment issues, expansion plans and the competition. This is the second part of the interview. You can read the first part here. MediaNama: Have you faced any issues with authorities with respect to self driven cars? Greg Moran: The challenges are something that come with any new class or segment that comes in India. Whether it's in transport or ecommerce, etc, there's always regulatory challenges where the businesses usually outrun and outpace the regulators. And there's a lot of time where, with the rules, the government has to play catch up. That's what has happened with the taxi industry, with Ola and Uber and even Flipkart, Snapdeal and Amazon. It'll always be there and it’s not unique to India, it happens in the US, Europe, Japan, China, etc. But with our business in particular, it is very heavily licensed and regulated. Some of it dates back to the British, some of it dates back to the 1980s and the sort of archaic laws that kind of came out of that. There's a whole lot of differences around tax law, as it relates to commercially registered vehicles that creates a lot of complication, often times unnecessarily. But that's something you often live with in the end. It just ends up being a little inconvenient but you can manage it. And hopefully, it will be changing over time, over…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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