Companies · Other

ZoomCar, Inc.

Kodihalli, Bangalore · Other

Diligence memoA one-page analyst read on ZoomCar, Inc. — recommendation, valuation, rhythm, risks.
$136.2M
Total raised · real
11
Rounds
1.0×
Latest step-up
Top 4%
Sector rank · raised
Series B
Latest stage · inferred · Thu Mar 23 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

ZoomCar, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.44× the median modeled value of Series B Other companies in 2022–2024 (465 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.3 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

ZoomCar, Inc. is one of 25015 Other companies tracked from Kodihalli, Bangalore. By capital raised it ranks among the largest (ahead of 97% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
50
Investors (latest)
2023-03-23
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BPre-Seed · 2012-07-23 Raised $586K (real) Modeled valuation $14M (est)Pre-Seed2012Seed · 2013-10-02 Raised $1.1M (real) Modeled valuation $20M (est)Seed2013Pre-Seed · 2013-10-02 Raised $994K (real) Modeled valuation $23M (est)Pre-Seed2013Seed · 2013-10-02 Raised $1.0M (real) Modeled valuation $19M (est)Seed2013Seed · 2014-03-03 Raised $1.3M (real) Modeled valuation $24M (est)Seed2014Series A · 2014-10-31 Raised $8.9M (real) Modeled valuation $134M (est)Series A2014Series A · 2015-04-23 Raised $3.3M (real) Modeled valuation $51M (est)Series A2015Series B · 2016-08-19 Raised $24M (real) Modeled valuation $394M (est)Series B2016Series B · 2018-03-05 Raised $4.0M (real) Modeled valuation $66M (est)Series B2018Series B · 2020-12-03 Raised $40M (real) Modeled valuation $596M (est)Series B2020Series B · 2021-03-26 Raised $37M (real) Modeled valuation $520M (est)Series B2021Series B · 2021-08-17 Raised $7.9M (real) Modeled valuation $99M (est)Series B2021Series B · 2023-03-23 Raised $8.1M (real) Modeled valuation $69M (est)Series B2023Cumulative $138M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$586K · 2012
Seed$1.1M · 2013
Bridge · Seed-stage$994K · 2013smaller follow-on
Seed extension$1.0M · 2013
Seed extension$1.3M · 2014
Series A$8.9M · 2014
Series A extension$3.3M · 2015
Series B$23.7M · 2016
Series B extension$4.0M · 2018
Series B extension$39.8M · 2020
Series B extension$37.5M · 2021
Series B extension$7.9M · 2021
Series B extension$8.1M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$68.8M
Base estimate est.
$20.3M
Conservative case
$157.2M
Upside case
$45.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $13.5M · 2012-07-232012Seed · modeled $20.1M · 2013-10-02Pre-Seed · modeled $23.0M · 2013-10-02Seed · modeled $19.2M · 2013-10-02Seed · modeled $24.4M · 2014-03-03Series A · modeled $134.0M · 2014-10-31Series A · modeled $50.7M · 2015-04-23Series B · modeled $394.4M · 2016-08-19Series B · modeled $66.5M · 2018-03-05Series B · modeled $596.1M · 2020-12-03Series B · modeled $519.8M · 2021-03-26Series B · modeled $99.3M · 2021-08-17Series B · modeled $68.8M · 2023-03-232023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$12.8M/yr
Capital velocity
13.9 yr
On record since
2012
First round
13
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 67× above median
This company$136.2M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.4× of median
This company$8.1M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 3.9× above median
This company$68.8M
Sector median$17.7M

Raised more than 97% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #373 of 465.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Ever/Body, Inc. · Series B Raised $64.2M · modeled $430.5M (est)Financeware Holdings LLC · Series B Raised $59.7M · modeled $413.3M (est)American Cricket Enterprises Inc. · Series B Raised $39.0M · modeled $409.5M (est)Xlerate Ultimate Holdings, Lp · Series B Raised $62.2M · modeled $406.2M (est)MDME Ultimate Holdings, LP · Series B Raised $39.9M · modeled $395.7M (est)aXiomatic, LLC · Series B Raised $138.8M · modeled $389.6M (est)Moov Financial, Inc. · Series B Raised $69.2M · modeled $378.6M (est)NovaVision Holdings, LLC · Series B Raised $38.4M · modeled $374.2M (est)Ttxa Ii 2022, Lp · Series B Raised $35.0M · modeled $369.6M (est)Encamp, Inc. · Series B Raised $54.0M · modeled $363.4M (est)JAF Communications Holdings, LLC · Series B Raised $36.8M · modeled $358.9M (est)Enboarder Inc. · Series B Raised $39.7M · modeled $357.3M (est)ZoomCar, Inc. (this company) Raised $136.2M · modeled $68.8M (est)ZoomCar, Inc.
CompanyStageRaised · realValue · estvs peer med.
Ever/Body, Inc.Series B$64.2M$430.5M2.73×
Financeware Holdings LLCSeries B$59.7M$413.3M2.62×
American Cricket Enterprises Inc.Series B$39.0M$409.5M2.59×
Xlerate Ultimate Holdings, LpSeries B$62.2M$406.2M2.57×
MDME Ultimate Holdings, LPSeries B$39.9M$395.7M2.51×
aXiomatic, LLCSeries B$138.8M$389.6M2.47×
Moov Financial, Inc.Series B$69.2M$378.6M2.40×
NovaVision Holdings, LLCSeries B$38.4M$374.2M2.37×
Ttxa Ii 2022, LpSeries B$35.0M$369.6M2.34×
Encamp, Inc.Series B$54.0M$363.4M2.30×
JAF Communications Holdings, LLCSeries B$36.8M$358.9M2.27×
Enboarder Inc.Series B$39.7M$357.3M2.26×
ZoomCar, Inc. this companySeries B$136.2M$68.8M0.44×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$586K2012-07-23$3.3M$13.5M85%
Seed$1.1M2013-10-02$5.4M$20.1M85%
Pre-Seed$994K2013-10-02$5.5M$23.0M85%
Seed$1.0M2013-10-02$5.2M$19.2M85%
Seed$1.3M2014-03-03$6.5M$24.4M85%
Series A$8.9M2014-10-31$40.2M$134.0M85%
Series A$3.3M2015-04-23$15.2M$50.7M85%
Series B$23.7M2016-08-19$131.9M$394.4M85%
Series B$4.0M2018-03-05$22.2M$66.5M90%
Series B$39.8M2020-12-03$221.3M$596.1M90%
Series B$37.5M2021-03-26$208.3M$519.8M90%
Series B$7.9M2021-08-17$43.8M$99.3M90%
Series B$8.1M2023-03-23$45.1M$68.8M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$586K2012-07-23
    • First recorded raise — entered as Pre-Seed.
    • 22 investors on this round.
  2. Seed$1.1M2013-10-02
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 28 investors on this round.
  3. Pre-Seed$994K2013-10-02
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 25 investors on this round.
  4. Seed$1.0M2013-10-02
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 27 investors on this round.
  5. Seed$1.3M2014-03-03
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 32 investors on this round.
  6. Series A$8.9M2014-10-31
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 6.8× larger than the prior — scaling up.
    • 35 investors on this round.
  7. Series A$3.3M2015-04-23
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 2.6× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  8. Series B$23.7M2016-08-19
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 7.1× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 13 investors on this round.
  9. Series B$4.0M2018-03-05
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 5.9× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 1 investor on this round.
  10. Series B$39.8M2020-12-03
    • Raised again after 33 mo — slower than the ~11 mo sector norm.
    • Round 10.0× larger than the prior — scaling up.
    • 26 investors on this round.
  11. Series B$37.5M2021-03-26
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 270 investors on this round.
  12. Series B$7.9M2021-08-17
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 4.8× smaller than the prior — bridge or down round.
    • 117 investors on this round.
  13. Series B$8.1M2023-03-23
    • Raised again after 19 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 50 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~11mo cadence
$8.3M
Modeled next size est.range $8.1M$13.3M
1.0×
Last step-up
$12.8M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Gregory Moran3 other2012-07
Tarun Jain2 other2018-03
David Back1 other2012-07
David Ishag1 other2021-08
Graham Gullans1 other2012-07
Hiroshi Nishijima1 other2023-03
Paritosh Gupta1 other2012-07
Uri Levine1 other2021-03
Amit Kumar Sharma2013-10
Arpan Kumar Srivastava2020-12
Bharath Kumar Nathan2013-10
C.V. Ramachandran2020-12
Geiv Dubash2021-08
Graham Kumar Gullans2013-10
Harish Rawat2018-03
Hemanth Aluru2020-12
Ketan Doshi2020-12
Lisbeth McNabb2023-03
Mahadevan Ramamurthy2016-08
Markish Ram2020-12
Mayank Kumar Jain2015-04
Paritosh Kumar Gupta2015-04
Rajesh Bysani2018-03
Ramamurthy Mahadevan2020-12
Registry & provenance

ZoomCar, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1588864
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
SimpleBet, Inc.OtherSeries B$106.3M$70.8Msame sector · same stage
Axcient IncOtherSeries B$86.3M$66.5Msame sector · same stage
Nanosteel Company, IncOtherSeries B$75.5M$67.7Msame sector · same stage
Lincolnshire Powerhouse Holdings, LlcOtherSeries B$74.7M$68.6Msame sector · same stage
Lightyear Acquisition Company, LLCOtherSeries B$68.7M$66.5Msame sector · same stage
Zeno Moto CorpOtherSeries A$24.3M$27.9Mnetwork1 shared operator · same sector
Percapita Group, Inc.OtherSeries B$54.7M$66.0Msame sector · same stage
Seacoast Service Partners, LLCOtherSeries B$53.0M$70.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Zoomcar Enterprises Corp.OtherSeries A$152.9M98%
Zoomcar Holdings, Inc.OtherSeries A$21.7M96%
Zoom Companies Inc.OtherPre-Seed$8.1M88%
Zoomies, Inc.OtherPre-Seed$325K87%
Zoomi, Inc.Other TechnologySeries A$25.0M85%
CareCar, Inc.OtherSeries A$50.9M85%
SimpleCar, Inc.OtherSeed$21.0M84%
ZoomTown, Inc.Other TechnologyPre-Seed$6.3M84%
Frequently asked
How much funding has ZoomCar, Inc. raised?
ZoomCar, Inc. has raised approximately $136.2M in disclosed capital across 11 recorded financing rounds, aggregated from public filings.
What is ZoomCar, Inc.'s estimated valuation?
Provath's modeled valuation for ZoomCar, Inc. is approximately $68.8M (modeled range $20.3M–$157.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ZoomCar, Inc. at?
ZoomCar, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Mar 23.
What does ZoomCar, Inc. do and where is it based?
ZoomCar, Inc. operates in the Other sector, based in Kodihalli, Bangalore.
Explore related

See where ZoomCar, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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