Ford leads $24 million investment in Zoomcar
Automaker Ford has led a $24 million funding round in Bengaluru-based Zoomcar, a self-drive-focused car rental company, with participation from returning investors Sequoia Capital, Nokia Growth Partners and Empire Angels. This takes the four-year-old startup's total funding to over $45 million. According to Zoomcar, Ford provides most of the vehicles on its platform.