A week ago it was being reported that self-drive car portal Zoomcar is in talks with Mahindra and other investors to raise a $500 million round.
Meanwhile, Zoomcar has been picking up debt funds since March this year. Trifecta invested Rs 10 crore via the purchase of 100 non-convertible debentures a month ago. Now, Blacksoil Capital and Mahavir Dwellers have invested Rs 15 crore and Rs 5 lakh each respectively. (Source: MCA)
Literature major from Delhi University, I am trying to bring in fresh and relevant perspective in the events occurring in this budding space for entrepreneurs. The time spent working towards bringing across – to our readers – transparent information regarding the companies that contribute to the growth of our startup economy is the most exciting part of being an author at Entrackr.
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