Zoomcar to Raise $500 Mn in A Funding Lead by Mahindra

Within few days after Indian cab-hailing firm Ola has announced to enter self-drive car rental market with fleet of 10,000 cars, Bengaluru-based car rental startup Zoomcar is said to be raising around $500 million in a fresh funding round led by automaker Mahindra and Mahindra Ltd, reported Livemint citing sources;