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Showing Result for Tag #Zoomcar

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Search Result for Tag (2 Results)

Showing Result for Tag #Zoomcar

  • Mahindra World City, Chennai becomes India’s first integrated city to introduce eco-friendly, intra-city cycle sharing

    Partners with PEDL by Zoomcar to facilitate convenient and healthy rides within MWC Chennai

    Chennai, February 22, 2018: Mahindra World City, Chennai (MWC Chennai) has introduced a cycle sharing service for residents and visitors within and around the integrated city. As part of this initiative to promote environment-friendly and healthy commutes, 200 GPS-tracked PEDL bicycles have been deployed for an initial trial phase at MWC Chennai. A user can book these bicycles with inbuilt smart locks via a mobile app.

  • Mahindra to Invest in Zoomcar

    • Investment in keeping with Mahindra’s thrust on Shared Mobility Business
    • To invest up to Rs 176 crore

    February 15, 2018 Mumbai: Mahindra & Mahindra Ltd., part of the USD 19 billion Mahindra Group, today announced that it would be investing in Zoomcar India Private Limited and in Zoomcar Inc., its US incorporated holding parent company, in keeping with Mahindra’s thrust on the Shared Mobility Business.

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