Bangalore-based self-drive car rental venture Zoomcar has reportedly raised $25 Mn in Series C funding led by Ford Motor Company. Its existing investor Sequoia Capital along with new investor, Reliance Ventures also participated in the round. With this, the self-driving car rental company has a total equity of $46.2 Mn.
Source: Zoomcar Raises $25 Mn From Ford Motors, Sequoia & Reliance Ventures – Inc42 Media