Ford Smart Mobility led the car sharing company's $24m funding round, confirming initial reports in July 2016, with participation from Nokia Growth Partners.
India-based car rental service Zoomcar has raised $24m in a funding round led by Ford Smart Mobility, a subsidiary of automotive manufacturer Ford, YourStory reported yesterday.
Nokia Growth Partners, the corporate venturing division of technology company Nokia, Sequoia Capital and Empire Angels also took part in the round, which is now being referred to as a series B round despite earlier reports that it is a series C.
Ford Smart Mobility was said to be providing $15m for the company…
