Today’s Deals – Ford leads $24M investment in India-based vehicle rental company Zoomcar

zoomcar Hot on the heels of a deal with a self-driving sensor technology startup this month, the automotive giant has backed Zoomcar, a Zipcar-like company that operates in India. Subsidiary Ford Smart Mobility led a $24 million Series B round for Zoomcar, with participation from returning investors Sequoia Capital, Nokia Growth Partners (NGP) and Empire Angels. Read More

from TechCrunch

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