Greg Moran, co-founder and CEO of Zoomcar told MediaNama that the company has received over 5,000 inquiries since late last quarter, when it started the program. Moran added that Zoomcar can scale this model to over 100,000 cars over the next 3 years. Earlier: 4 April: Zoomcar, the self drive car rental company has launched a Zoomcar Associate Program (ZAP) which lets Zoomcar’s users as well as other individuals buy one or more vehicles which can be leased to Zoomcar and operate on a revenue sharing model. This was announced via an email to Zoomcar users. We've written to the company for further details and will update this once we hear from them. Zoomcar will provide monthly earnings to car owners, as well as offer 25% off on all their weekday bookings for the duration of 30 months lease of the ZAP program. The company will offer bank loans through its lending partners or let users buy a car with cash. Zoomcar claims that it will undertake all of the operations once the car signs up on the ZAP platform. More details can be found by emailing firstname.lastname@example.org. Maruti Ritz and Swift offered in ZAP: Some vehicle enthusiasts on the forum TBHP have expressed concerns over accident liability, the condition of the car post the 30 month lease and if it would be a commercial car etc. A user who got further details stated that Zoomcar is letting users invest in a Maruti Ritz on Maruti Swift for Rs 5.1 and Rs…
- 5G is leading to higher data speeds in India, but how long will the average user enjoy these speeds for free? December 4, 2023
- Earnings Call: Mamaearth’s parent company sees 53% rise in earnings December 4, 2023
- ONDC November Round-Up: Paytm, Ola, Metro Tickets, WhatsApp chatbot, and more December 4, 2023
- G7 Countries Agree on International Guidelines for Generative AI: Report December 4, 2023
- Delhi HC to Decide If Google’s Warnings Before Downloading WinZO’s apk File Violate WinZO’s Trademarks December 4, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Straw man fallacy: IT Ministers’ defence of government exemptions in data protection law misses the point
Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...
The Central Board of Film Certification found power outside the Cinematograph Act and came to be known as the Censor Board. Are OTT self-regulating...
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...