Industry Overview - The transportation landscape in India is evolving with peer-to-peer car sharing models transforming the future of mobility, making self-drive accessible without the need for large fleets [1] - The "asset-light model" is considered game-changing for the mobility market in India, enabling sustainable and cost-efficient transportation options [1] Company Insights - Zoomcar Holdings, Inc. is a leading marketplace for self-drive car sharing, allowing vehicle owners to connect with users seeking rental vehicles, similar to the Airbnb model [2] - The asset-light strategy employed by Zoomcar minimizes capital expenditures, allowing for organic growth in supply while optimizing operational costs and enhancing sustainability [2] - Founded in 2013 and headquartered in Bengaluru, India, Zoomcar promotes sustainable and smart transportation solutions by connecting Hosts with Guests for affordable car rentals [3]
Asset-Light Model Transforming Mobility Solutions for Customers in India: Zoomcar