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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. …!!

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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. …!!