Zoomcar eyes deeper penetration in Indian market

Vaishnavi Gupta
Vaishnavi Gupta Feb 24 2020 - 3 min read
Zoomcar eyes deeper penetration in Indian market
Zoomcar’s primary target is to have over 1,00,000 vehicles on road in 18-24 months.

Zoomcar, India’s leading self-drive mobility platform, is eyeing at a deeper penetration in the Indian market and owing to superior technology, Zoomcar has democratised accessibility to cars. Zoomcar’s primary target is to have over 1,00,000 vehicles on road in 18-24 months and to continue to empower its customers with better mobility alternatives at scale.

Zoomcar plans to deploy its investment into growth, technology & data science with a strong focus on enhancing an industry-leading IoT layout in addition to its shared subscription service. 

Zoomcar is the market leader in the self-drive space with over 10,000 cars in its fleet. With a strong focus on the mobile experience, Zoomcar allows users to rent cars by the hour, day, week, or month. Zoomcar operates in 45+ cities across India.

In 2018, Zoomcar introduced India’s first peer2peer-based marketplace for cars with the launch of its shared subscription mobility model and currently commands over 90% market share in this space.

Recent Appointment of Markish Arun as VP of Engineering

Aiming to build robust top management, Zoomcar has recently announced the appointment of Markish Arun as its Vice President (VP) of Engineering. In his new role, Markish will be responsible for all engineering initiatives and will also build respective teams with high levels of motivation and competency.

A veteran in the engineering segment with close to two decades of experience, Markish has been a techno-functional executive for over 15 years. His rich and dynamic profile indicates the value he brings to the table.

Greg Moran, CEO and Co-Founder, Zoomcar, said, “We’re thrilled to welcome Markish on board. Cutting edge technology has always been our priority and Markish’s appointment will further our already dominant lead on the technical platform side as we are doubling down on investing for 100k + cars on the platform.”

“Markish brings a wealth of relevant industry knowledge to the company that is highly valued. I believe that under his leadership, the teams will become highly efficient and am confident that he will drive the brand to the top and help in transforming the paradigm of self-drive mobility in India,” Moran further stated.

Markish Arun, VP of Engineering, Zoomcar, added “I am very pleased to start this new phase of my career with Zoomcar and excited to see what urban mobility has in the store for me. The kind of market, demand, and value proposition that Zoomcar has created across the country is commendable. I look forward to further enhance the brand’s market trajectory with my contributions.”

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