Empire Angels leads round for Indian car rental startup Zoomcar
ZoomCar said Thursday that it has closed its seed funding in a round led by New York based Empire Angels. No financial terms were disclosed, although this funding does bring Zoom's outside capital to over $1.6 million. Other investors in this latest round include Funders Club, Basset Investment Group and former SEC Commissioner Lady Barbara Judge. Based in India, ZoomCar, which is also backed by former US Treasury Secretary Larry Summers (who's a member of the company's board), is a car rental company.
3 October 2013•3 mins read
