Zoomcar raises $40 million in Series C funding

Zoomcar, a leading self-drive mobility platform offering car and cycle sharing services, has announced that it has closed $40 million in a Series-C investment round. Mahindra & Mahindra led the new round. Zoomcar also saw participation from a variety of existing investors. Zoomcar said the capital raised would be used to accelerate its marketplace supply growth, improving its lead within…