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August 24, 2016 09:05 pm GMT
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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/42iAqUehvpw/
Ford leads $24M investment in India-based vehicle rental company 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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/42iAqUehvpw/
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