SlideShare a Scribd company logo
1 of 12
Founded in
February, 2013
Mayur Mittal
Zoooom to the Company
• A Car Rental Company
• Headquarters in Bangalore, India
• Founders – Greg Moran, David Back
• Started with $215,000 in capital and a
fleet of seven cars
• Operates over 5,000 vehicles in 17 cities
across the country
• Currently hold up to 60% of the market
share
Brand Overview - History
• David Back and Greg Morgan graduated from University of Pennsylvania in 2007
• Studied with full scholarships at Cambridge University
• Both dropped out of business school and launched operations in Bangalore in 2013
Why Bangalore?
• Population (Educated, Have lived Abroad)
• Vehicle Ownership (Less than 15% households own a vehicle
• Tech city of India (Easy adaptability to Change)
• Location (Majority from outside Karnataka, Non-car owners)
The Business Model
• ZoomCar buys 75% of the cars in its
network through loans from banks, while
the remaining are leased from large
companies
• ZoomCar initiated a program called ZAP
(Zoomcar Associate Program)
• 30 months lease agreement with ZoomCar
/ 30% cut of the revenue earned /
minimum guarantee of 3% payment of the
vehicle ex-showroom price
The Operations
• Steps to use the service: -
• Sign up
• Booking
• Unlock
• Fuel
• Return
• Safety
• Payment
• #3 attractive pricing
options
• Package for Long
outstation, Multiday - Zoom
Lite (5 free kms/hr)
• Package for General Usage
and Weekend trips – (Zoom
Classic (10free kms/hr)
• Package for the joy of
driving – Zoom XL (15 free
kms/hr)
The Pricing Model
Target Audience
• Tier 1 and Tier 2 metro cities
• Hyperlocal and Dense Network in existing
cities
• Urban Population with a rising disposable
income
• More specifically the middle-income
groups in A grade cities
Partnerships
• Partnership with Ford & Mahindra which enabled them to
offer an electric vehicle for the first time in India
• Tied up with Tata Motor to add 50 brand new Tata Nanos to
their fleet of cars.
• Partnerships with locally established real estate developers,
universities, hotels, and corporate IT parks to secure parking
for its vehicles and offer pick-up points to its members, as
well.
• Partnered with Uber and the Ashoka Foundation to launch a
month-long campaign in Bangalore called RideSmartBLR to
discourage drunk driving for its health, economical and
environmental benefits, and encourage car-rental.
Investments
• Initially raised investments from individual
investors including Former US Treasury
Secretary, Chair of the UK Institute of
Directors Lady, Vice-Dean of International
Legal Studies at Harvard Law School
• Zoomcar raised a total equity funding of $46.2
Million from 18 major Investors, including,
Blue Cloud Ventures, Empire Angels, Ford
Motor Company, Microsoft Accelerator,
Mohandas Pai, Nokia Growth Partners (NGP),
Reliance Venture Asset Management, etc. /
7000 Cars
Business Alliances
• Hotels
• Travel Operators
• Small & Medium
Enterprises
• Railway Station
Operational Alliances
• Car Rental Owners
• Car Accessories Provider
IT System Alliance
• It System Development
• Electronic Payment
Gateway
• Customer Contact Center
Operations
• Tie up with Car Rental owners
• Setup IT infrastructure
IT System
• Technology Infrastructure
availability 24/7
• Up-gradation of system
Marketing Sales
• Increase Mindshare of consumers
• Awareness of New rental plans
• Information of discount vouchers
• Local Sales Force
• Website
• Customer Care 24/7
availability for accepting
booking
• IT Infrastructure such as
PCs, Internet, Printers
• Website
• Mobile App
• Car Rental Owner
• Mobile Application
• Business Customers
• Age group between
18 to 30
• Middle-Income
Group
• Car Rentals
• Online Advertisements
• Cab – Advertisement
• Marketing / Sales Expenses
• Travel Agents / Hotels
• IT Infrastructure
• Vehicle Management
• Salaries
Customers
• Safe and Reliable way
to travel at affordable
prices
• Travel the way they
want, when they want
and whenever they want
Car Rental Owners
• Increase in bottom line
by increasing revenues
and minimizing
maintenance costs
• Cab – Advertisement
• Promotional Fares
• Discount Vouchers
• Free Upgrades to
bigger cars
9 Building Block Canvas
Learning Outcomes
• Positive Customer Relationship
• Market Penetration Pricing
• Research and Market Development
Thank you for Zoooommiiinnn. …!!

More Related Content

What's hot

Careem Ride Share Presentation May 2016
Careem Ride Share Presentation May 2016Careem Ride Share Presentation May 2016
Careem Ride Share Presentation May 2016Aakif Ahmad
 
UBER-Current Strategy, Competition Analysis and Global Expansion
UBER-Current Strategy, Competition Analysis and Global ExpansionUBER-Current Strategy, Competition Analysis and Global Expansion
UBER-Current Strategy, Competition Analysis and Global ExpansionShaminder Saini
 
Ola business model
Ola business modelOla business model
Ola business modelAnil Bharti
 
Uber's Market Strategy - An example of modern day business models
Uber's Market Strategy - An  example of modern day business modelsUber's Market Strategy - An  example of modern day business models
Uber's Market Strategy - An example of modern day business modelsRahul Shaha
 
EV smartcar Marketing Campaign 2012
EV smartcar Marketing Campaign 2012EV smartcar Marketing Campaign 2012
EV smartcar Marketing Campaign 2012Panos Anadiotis
 
Expansion Strategy of Zoom Car in a Tier 2 City
Expansion Strategy of Zoom Car in a Tier 2 CityExpansion Strategy of Zoom Car in a Tier 2 City
Expansion Strategy of Zoom Car in a Tier 2 CityAbdullah Saghir Ahmad
 
The case of uber (a)
The case of uber (a)The case of uber (a)
The case of uber (a)Gunjan Gujral
 
A project report on automobile industry
A project report on automobile industryA project report on automobile industry
A project report on automobile industryProjects Kart
 
Business Model Canvas of Ola Cabs by Akshay Nahar
Business Model Canvas of Ola Cabs by Akshay NaharBusiness Model Canvas of Ola Cabs by Akshay Nahar
Business Model Canvas of Ola Cabs by Akshay NaharAkshay nahar
 
Automobile industry project report
Automobile industry project reportAutomobile industry project report
Automobile industry project reportPrasoon Agarwal
 
Tesla Marketing Strategy
Tesla Marketing StrategyTesla Marketing Strategy
Tesla Marketing StrategyRenny Saldanha
 
Competitor analysis Meru vs Uber
Competitor analysis Meru vs UberCompetitor analysis Meru vs Uber
Competitor analysis Meru vs UberNarendraAnguluri
 
Bajaj Auto Co Introduction
Bajaj Auto Co IntroductionBajaj Auto Co Introduction
Bajaj Auto Co IntroductionPraful Metange
 
Bajaj Auto Limited
Bajaj Auto LimitedBajaj Auto Limited
Bajaj Auto LimitedAnand Dube
 
Uber Analysis with details 2017
Uber Analysis with details 2017 Uber Analysis with details 2017
Uber Analysis with details 2017 Lexi Jacobs
 

What's hot (20)

Careem Ride Share Presentation May 2016
Careem Ride Share Presentation May 2016Careem Ride Share Presentation May 2016
Careem Ride Share Presentation May 2016
 
UBER-Current Strategy, Competition Analysis and Global Expansion
UBER-Current Strategy, Competition Analysis and Global ExpansionUBER-Current Strategy, Competition Analysis and Global Expansion
UBER-Current Strategy, Competition Analysis and Global Expansion
 
Bajaj auto
Bajaj autoBajaj auto
Bajaj auto
 
Ola business model
Ola business modelOla business model
Ola business model
 
Uber Case Study
Uber Case StudyUber Case Study
Uber Case Study
 
GrabTaxi Strategy
GrabTaxi StrategyGrabTaxi Strategy
GrabTaxi Strategy
 
Uber Case Presentation
Uber Case PresentationUber Case Presentation
Uber Case Presentation
 
Uber's Market Strategy - An example of modern day business models
Uber's Market Strategy - An  example of modern day business modelsUber's Market Strategy - An  example of modern day business models
Uber's Market Strategy - An example of modern day business models
 
EV smartcar Marketing Campaign 2012
EV smartcar Marketing Campaign 2012EV smartcar Marketing Campaign 2012
EV smartcar Marketing Campaign 2012
 
Expansion Strategy of Zoom Car in a Tier 2 City
Expansion Strategy of Zoom Car in a Tier 2 CityExpansion Strategy of Zoom Car in a Tier 2 City
Expansion Strategy of Zoom Car in a Tier 2 City
 
The case of uber (a)
The case of uber (a)The case of uber (a)
The case of uber (a)
 
A project report on automobile industry
A project report on automobile industryA project report on automobile industry
A project report on automobile industry
 
Business Model Canvas of Ola Cabs by Akshay Nahar
Business Model Canvas of Ola Cabs by Akshay NaharBusiness Model Canvas of Ola Cabs by Akshay Nahar
Business Model Canvas of Ola Cabs by Akshay Nahar
 
Automobile industry project report
Automobile industry project reportAutomobile industry project report
Automobile industry project report
 
Tesla Marketing Strategy
Tesla Marketing StrategyTesla Marketing Strategy
Tesla Marketing Strategy
 
Competitor analysis Meru vs Uber
Competitor analysis Meru vs UberCompetitor analysis Meru vs Uber
Competitor analysis Meru vs Uber
 
Bajaj Auto Co Introduction
Bajaj Auto Co IntroductionBajaj Auto Co Introduction
Bajaj Auto Co Introduction
 
IMC Plan - Tesla
IMC Plan - Tesla IMC Plan - Tesla
IMC Plan - Tesla
 
Bajaj Auto Limited
Bajaj Auto LimitedBajaj Auto Limited
Bajaj Auto Limited
 
Uber Analysis with details 2017
Uber Analysis with details 2017 Uber Analysis with details 2017
Uber Analysis with details 2017
 

Similar to Zoomcar - In and Out

Should You Become A Car Sharing Operator - Introduction
Should You Become A Car Sharing Operator - IntroductionShould You Become A Car Sharing Operator - Introduction
Should You Become A Car Sharing Operator - IntroductionMetavera
 
Mobile app marketing plan manish bhatia
Mobile app marketing plan manish bhatiaMobile app marketing plan manish bhatia
Mobile app marketing plan manish bhatiaManish Bhatia
 
Competitor Analysis Meru vs Ola cabs _Amit Katyayan
Competitor Analysis Meru vs Ola cabs _Amit KatyayanCompetitor Analysis Meru vs Ola cabs _Amit Katyayan
Competitor Analysis Meru vs Ola cabs _Amit KatyayanAmit Katyayan
 
Zipcar presentation r2
Zipcar presentation r2Zipcar presentation r2
Zipcar presentation r2Agung Habeahan
 
Clean car final presentation
Clean car final presentationClean car final presentation
Clean car final presentationSravya Vsv
 
Get A Drive - Investor Deck
Get A Drive - Investor DeckGet A Drive - Investor Deck
Get A Drive - Investor DeckSidharth Vijayan
 
Competitor analysis meru cabs vs other taxi services
Competitor analysis meru cabs vs other taxi servicesCompetitor analysis meru cabs vs other taxi services
Competitor analysis meru cabs vs other taxi servicesvipul80
 
ola-160307164127.pdf
ola-160307164127.pdfola-160307164127.pdf
ola-160307164127.pdfAmoghLavania1
 
Ola Business Model
Ola Business ModelOla Business Model
Ola Business ModelPran Mahato
 
Android-Based Vehicle Diagnostic System
Android-Based Vehicle  Diagnostic System Android-Based Vehicle  Diagnostic System
Android-Based Vehicle Diagnostic System Asif Razzaq
 

Similar to Zoomcar - In and Out (20)

Should You Become A Car Sharing Operator - Introduction
Should You Become A Car Sharing Operator - IntroductionShould You Become A Car Sharing Operator - Introduction
Should You Become A Car Sharing Operator - Introduction
 
competitor analysis
competitor analysiscompetitor analysis
competitor analysis
 
Tt
TtTt
Tt
 
Mobile app marketing plan manish bhatia
Mobile app marketing plan manish bhatiaMobile app marketing plan manish bhatia
Mobile app marketing plan manish bhatia
 
Competitor Analysis Meru vs Ola cabs _Amit Katyayan
Competitor Analysis Meru vs Ola cabs _Amit KatyayanCompetitor Analysis Meru vs Ola cabs _Amit Katyayan
Competitor Analysis Meru vs Ola cabs _Amit Katyayan
 
Zipcar presentation r2
Zipcar presentation r2Zipcar presentation r2
Zipcar presentation r2
 
Clean car final presentation
Clean car final presentationClean car final presentation
Clean car final presentation
 
Bike panda
Bike pandaBike panda
Bike panda
 
Final
FinalFinal
Final
 
Get A Drive - Investor Deck
Get A Drive - Investor DeckGet A Drive - Investor Deck
Get A Drive - Investor Deck
 
Competitor analysis meru cabs vs other taxi services
Competitor analysis meru cabs vs other taxi servicesCompetitor analysis meru cabs vs other taxi services
Competitor analysis meru cabs vs other taxi services
 
Ola
OlaOla
Ola
 
ola-160307164127.pdf
ola-160307164127.pdfola-160307164127.pdf
ola-160307164127.pdf
 
Taxi for sure
Taxi for sureTaxi for sure
Taxi for sure
 
Tata nano
Tata nanoTata nano
Tata nano
 
Apps4 driving
Apps4 drivingApps4 driving
Apps4 driving
 
PPT.pptx
PPT.pptxPPT.pptx
PPT.pptx
 
Ola Business Model
Ola Business ModelOla Business Model
Ola Business Model
 
Android-Based Vehicle Diagnostic System
Android-Based Vehicle  Diagnostic System Android-Based Vehicle  Diagnostic System
Android-Based Vehicle Diagnostic System
 
BMC and VPC - Lyft
BMC and VPC - LyftBMC and VPC - Lyft
BMC and VPC - Lyft
 

Recently uploaded

Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Pereraictsugar
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 

Recently uploaded (20)

Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Kenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith PereraKenya Coconut Production Presentation by Dr. Lalith Perera
Kenya Coconut Production Presentation by Dr. Lalith Perera
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 

Zoomcar - In and Out

  • 2. Zoooom to the Company • A Car Rental Company • Headquarters in Bangalore, India • Founders – Greg Moran, David Back • Started with $215,000 in capital and a fleet of seven cars • Operates over 5,000 vehicles in 17 cities across the country • Currently hold up to 60% of the market share
  • 3. Brand Overview - History • David Back and Greg Morgan graduated from University of Pennsylvania in 2007 • Studied with full scholarships at Cambridge University • Both dropped out of business school and launched operations in Bangalore in 2013 Why Bangalore? • Population (Educated, Have lived Abroad) • Vehicle Ownership (Less than 15% households own a vehicle • Tech city of India (Easy adaptability to Change) • Location (Majority from outside Karnataka, Non-car owners)
  • 4. The Business Model • ZoomCar buys 75% of the cars in its network through loans from banks, while the remaining are leased from large companies • ZoomCar initiated a program called ZAP (Zoomcar Associate Program) • 30 months lease agreement with ZoomCar / 30% cut of the revenue earned / minimum guarantee of 3% payment of the vehicle ex-showroom price
  • 5. The Operations • Steps to use the service: - • Sign up • Booking • Unlock • Fuel • Return • Safety • Payment
  • 6. • #3 attractive pricing options • Package for Long outstation, Multiday - Zoom Lite (5 free kms/hr) • Package for General Usage and Weekend trips – (Zoom Classic (10free kms/hr) • Package for the joy of driving – Zoom XL (15 free kms/hr) The Pricing Model
  • 7. Target Audience • Tier 1 and Tier 2 metro cities • Hyperlocal and Dense Network in existing cities • Urban Population with a rising disposable income • More specifically the middle-income groups in A grade cities
  • 8. Partnerships • Partnership with Ford & Mahindra which enabled them to offer an electric vehicle for the first time in India • Tied up with Tata Motor to add 50 brand new Tata Nanos to their fleet of cars. • Partnerships with locally established real estate developers, universities, hotels, and corporate IT parks to secure parking for its vehicles and offer pick-up points to its members, as well. • Partnered with Uber and the Ashoka Foundation to launch a month-long campaign in Bangalore called RideSmartBLR to discourage drunk driving for its health, economical and environmental benefits, and encourage car-rental.
  • 9. Investments • Initially raised investments from individual investors including Former US Treasury Secretary, Chair of the UK Institute of Directors Lady, Vice-Dean of International Legal Studies at Harvard Law School • Zoomcar raised a total equity funding of $46.2 Million from 18 major Investors, including, Blue Cloud Ventures, Empire Angels, Ford Motor Company, Microsoft Accelerator, Mohandas Pai, Nokia Growth Partners (NGP), Reliance Venture Asset Management, etc. / 7000 Cars
  • 10. Business Alliances • Hotels • Travel Operators • Small & Medium Enterprises • Railway Station Operational Alliances • Car Rental Owners • Car Accessories Provider IT System Alliance • It System Development • Electronic Payment Gateway • Customer Contact Center Operations • Tie up with Car Rental owners • Setup IT infrastructure IT System • Technology Infrastructure availability 24/7 • Up-gradation of system Marketing Sales • Increase Mindshare of consumers • Awareness of New rental plans • Information of discount vouchers • Local Sales Force • Website • Customer Care 24/7 availability for accepting booking • IT Infrastructure such as PCs, Internet, Printers • Website • Mobile App • Car Rental Owner • Mobile Application • Business Customers • Age group between 18 to 30 • Middle-Income Group • Car Rentals • Online Advertisements • Cab – Advertisement • Marketing / Sales Expenses • Travel Agents / Hotels • IT Infrastructure • Vehicle Management • Salaries Customers • Safe and Reliable way to travel at affordable prices • Travel the way they want, when they want and whenever they want Car Rental Owners • Increase in bottom line by increasing revenues and minimizing maintenance costs • Cab – Advertisement • Promotional Fares • Discount Vouchers • Free Upgrades to bigger cars 9 Building Block Canvas
  • 11. Learning Outcomes • Positive Customer Relationship • Market Penetration Pricing • Research and Market Development
  • 12. Thank you for Zoooommiiinnn. …!!