# ZoomCar funding: rounds and investors

> ZoomCar has raised $120M across 8 rounds since 2013. Investors include Empire Angels, Sequoia Capital and FundersClub. Every round with its source.

Source: https://millionrounds.com/company/zoomcar (Millionrounds; every figure on the page links to its filing or article)

India · [Funded startup](https://millionrounds.com/companies)

# Who invested in *ZoomCar*

8 rounds we have observed, with the 19 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs Internet Logistics

Funding summary Updated 26 Oct 2026

**$120M** raised across 8 rounds since 2013, from 9 sources

**$1.0M** Seed **$1.6M** Seed **$8.0M** Series A **$11M** Venture **$25M** Series C **$24M** Series B **$40M** Series C **$9.2M** Round

- **Latest round:** Round, $9.2M Nov 2024
- **Biggest round:** $40M Series C · Feb 2018
- **Investors:** 19 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021 2023

**$1.0M** Seed

**$1.6M** Seed

**$8.0M** Series A

**$11M** Venture

**$25M** Series C

**$24M** Series B

**$40M** Series C

**$9.2M** Round

- **First round:** Seed, $1.0M
- **Biggest round:** $40M
- **Usual gap between rounds:** 13 months

## The rounds

- **Nov 2024** Round **$9.2M** *4 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Peak XV](https://millionrounds.com/fund/peak-xv) [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) [VentureSouq](https://millionrounds.com/fund/venturesouq) [Max Ventures](https://millionrounds.com/fund/max-ventures-2) Source recorded SEC filing: $9.2M sold, first sale Nov 2024
- **Feb 2018** Series C **$40M** *1 new* *2 returning* Mahindra & Mahindra/ Sequoia Lead [FundersClub](https://millionrounds.com/fund/fundersclub) [Nokia Growth Partners](https://millionrounds.com/fund/nokia-growth-partners) Reported by TechCrunch SEC filing: $4.0M sold, first sale Mar 2018
- **Jul 2016** Series C **$25M** *1 new* Ford Motor Company Reported by Fabnewz SEC filing: $586K sold, first sale Jul 2012
- **Jul 2016** Series B **$24M** *1 new* [Ford Motor Company](https://millionrounds.com/fund/ford-motor-company) Reported by Fabnewz and 1 other SEC filing: $586K sold, first sale Jul 2012
- **Jul 2015** Venture **$11M** *1 new* *3 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Nokia Growth Partners](https://millionrounds.com/fund/nokia-growth-partners) [Basset Investment Group](https://millionrounds.com/fund/basset-investment-group) [Empire Angels](https://millionrounds.com/fund/empire-angels) From a historical funding record SEC filing: $3.3M sold, first sale Apr 2015
- **Oct 2014** Series A **$8.0M** *4 new* *3 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [FundersClub](https://millionrounds.com/fund/fundersclub) [Basset Investment Group](https://millionrounds.com/fund/basset-investment-group) [Empire Angels](https://millionrounds.com/fund/empire-angels) [Mohandas Pai](https://millionrounds.com/fund/mohandas-pai) Abhay Jain Triangle Growth Partners From a historical funding record SEC filing: $8.9M sold, first sale Oct 2014
- **Oct 2013** Seed **$1.6M** *3 new* *1 returning* [M12](https://millionrounds.com/fund/m12) [Blue Cloud Ventures](https://millionrounds.com/fund/blue-cloud-ventures) [Empire Angels](https://millionrounds.com/fund/empire-angels) A. Lloyd Thomas From a historical funding record SEC filing: $994K sold, first sale Oct 2013
- **Oct 2013** Seed **$1.0M** *4 new* [FundersClub](https://millionrounds.com/fund/fundersclub) [Basset Investment Group](https://millionrounds.com/fund/basset-investment-group) [Empire Angels](https://millionrounds.com/fund/empire-angels) [Lady Barbara Judge](https://millionrounds.com/fund/lady-barbara-judge) Reported by vccircle.com SEC filing: $994K sold, first sale Oct 2013

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Seed** 2013 **Series A** 2014 **Venture** 2015 **Series C** 2016 **Series B** 2016 **Series C** 2018 **Round** 2024 [Empire Angels](https://millionrounds.com/fund/empire-angels) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [FundersClub](https://millionrounds.com/fund/fundersclub) [Basset Investment Group](https://millionrounds.com/fund/basset-investment-group) [Nokia Growth Partners](https://millionrounds.com/fund/nokia-growth-partners) Mahindra & Mahindra/ Sequoia L [Peak XV](https://millionrounds.com/fund/peak-xv) [M12](https://millionrounds.com/fund/m12) [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) [VentureSouq](https://millionrounds.com/fund/venturesouq)

## Everyone who backed them

[Empire Angels](https://millionrounds.com/fund/empire-angels) Angel network **4** rounds

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds

[FundersClub](https://millionrounds.com/fund/fundersclub) VC firm **3** rounds

[Basset Investment Group](https://millionrounds.com/fund/basset-investment-group) VC firm **3** rounds

[Nokia Growth Partners](https://millionrounds.com/fund/nokia-growth-partners) VC firm **2** rounds

Mahindra & Mahindra/ Sequoia no record of our own yet **1** round, led 1

[Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round

[M12](https://millionrounds.com/fund/m12) Corporate VC **1** round

[Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) Corporate VC **1** round

[VentureSouq](https://millionrounds.com/fund/venturesouq) VC firm **1** round

[Max Ventures](https://millionrounds.com/fund/max-ventures-2) VC firm **1** round

[Blue Cloud Ventures](https://millionrounds.com/fund/blue-cloud-ventures) VC firm **1** round

[Ford Motor Company](https://millionrounds.com/fund/ford-motor-company) Growth equity **1** round

[Mohandas Pai](https://millionrounds.com/fund/mohandas-pai) Angel **1** round

[Lady Barbara Judge](https://millionrounds.com/fund/lady-barbara-judge) VC firm **1** round

A. Lloyd Thomas no record of our own yet **1** round

Abhay Jain no record of our own yet **1** round

Ford Motor Company no record of our own yet **1** round

Triangle Growth Partners no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=zoomcar).

## Also claim to have backed them

These 6 firms list ZoomCar as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[DOT Capital](https://millionrounds.com/fund/dot-capital) VC firm Per its own site

[Globevestor](https://millionrounds.com/fund/globevestor) VC firm Per its own site

[Core91 VC](https://millionrounds.com/fund/core91-vc) VC firm Per its own site

[Forefront Venture Partners](https://millionrounds.com/fund/forefront-venture-partners) VC firm Per its own site

[MVC](https://millionrounds.com/fund/mvc-2) VC firm Per its own site

[RM Venture Partners](https://millionrounds.com/fund/rm-venture-partners) VC firm Per its own site

## Quick answers about ZoomCar

### Who invested in ZoomCar?

ZoomCar's investors include Empire Angels, Sequoia Capital, FundersClub, Basset Investment Group and Nokia Growth Partners, and 14 more on record.

### How much has ZoomCar raised?

ZoomCar has raised $120M across 8 rounds since 2013.

### When did ZoomCar last raise?

ZoomCar's most recent round was an Undisclosed round of $9.2M in Nov 2024.

### What was ZoomCar's biggest round?

ZoomCar's largest round on record is $40M (Series C), in Feb 2018, led by Mahindra & Mahindra/ Sequoia.

### Who backed ZoomCar first?

ZoomCar's first round on record, in Oct 2013, was backed by FundersClub, Basset Investment Group and Empire Angels and 1 others.

### What stage is ZoomCar at?

ZoomCar's latest named round is an Undisclosed round, in Nov 2024.

### Where is ZoomCar based?

ZoomCar is based in India.

### Who led ZoomCar's rounds?

Mahindra & Mahindra/ Sequoia led the Series C in 2018.

## Companies like ZoomCar

In the same sector, and raised in the last eighteen months.

[**Onto** $125M · Oct 2026](https://millionrounds.com/company/onto)[**Battery Smart** $10M · Oct 2026](https://millionrounds.com/company/battery-smart)[**GreenCell Mobility** $124M · Oct 2026](https://millionrounds.com/company/greencell-mobility)[**Ionage** $1.3M · Oct 2026](https://millionrounds.com/company/ionage)[**Ultraviolette Automotive** $39M · Sept 2026](https://millionrounds.com/company/ultraviolette-automotive)[**Airbound** $46M · Aug 2026](https://millionrounds.com/company/airbound)

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