StartupFeed — India Startup News, Funding and Policy
India Startup News, Funding and Technology Updates
Why Have Car Rental Startups Failed in India?
Quick Take Drivezy raised about $40 Mn but never closed its $100 Mn Series C in 2019, then liquidated part of its fleet in 2020. Zoomcar survived by switching to a peer-to-peer model, yet still lost $14.62 Mn in the year to March 2026 and was delisted from Nasdaq in July 2025. Revv raised $38.2…

