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Zoom is the first car-sharing company in India.

News and Press

Ford Contributes More Funding to India’s Zoomcar

Auto Rental News • Aug. 6, 2016

Zoomcar, an India-based carsharing service, has raised another $25 million in a Series C round of funding, according to a report by Tech Story. Among the investors, Ford Motor Co. led in funding during this current round. This investment has increased Ford’s total equity investment to $46.5 million, says the report.

Zoomcar changes track to marketplace model, aims for profitability by 2017

Economic Times • June 16, 2016

Self-drive car rental startup Zoomcar, which last year had raised $11million from various investors such as Nokia Growth Partners and Sequoia Capital, has pivoted to a marketplace model as part of a broader strategy to drive efficiencies in its business, as it aims to hit profitability by next year, expand into new markets and raise a fresh round of funding over the next 2-3 months.

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Founders / Key Team

Greg Moran
Greg Moran
CEO & Co-Founder

Greg has dedicated his entire career to sustainable development across the globe. His primary focal areas within the sector included solar power, wind power, and energy storage. Greg previously held positions in investment banking, private equity, corporate business development, and energy policy formulation with Fieldstone Private Capital Group, Cerberus Capital, International Power, and the City of New York respectively. Prior to co-founding Zoom with David, Greg studied at USC's Marshall School of Business, where he was the Founder and President of the USC Energy Club, Southern California's largest such club. Greg is also a graduate of the University of Pennsylvania, where he holds a degree in International Relations.

Prashant Verma
Prashant Verma

15 years in technology; most recently led search efforts for Flipkart

Paritosh Gupta
Paritosh Gupta

Paritosh has a significant track record in capital raising, sales, partnerships, strategy, M&A, investments and an entrepreneurial experience in the education industry. Prior to joining Zoom, Paritosh helped build the Nui Phao tungsten poly-metallic mine in Vietnam from a greenfield mine to an operating project valued at $1 billion as the CFO of Masan Resources. Paritosh assumed various responsibilities beyond the traditional CFO role to ensure that the project was successful. He also has work experience at Nomura and Lehman Brothers. Paritosh is a  IIT Bombay and IIM Bangalore graduate, specializing in Chemical engineering and also holds international experience as a student (Germany, Spain, USA) as well as a professional (Vietnam). 

David Back
David Back
Board member & Co-Founder

David co-founded Zoom with Greg in 2010. As of May 2015, David has stepped down from an operating role but remains on the board. Prior to Zoom, David was a teaching fellow for Larry Summers at Harvard University, as well as a consultant at McKinsey. David received his JD from Harvard Law School, MBA from Cambridge University, and undergraduate degree University of Pennsylvania.