Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has signed an agreement for investing in Zoom Car India and Zoom Car Inc., USA. Zoom Car India is 100% subsidiary of Zoom Car Inc., USA (collectively Zoom Car).

Zoom Car India is a self - drive Mobility Company based out of Bangalore, India. It operates in the shared mobility space in India by providing vehicles, and recently also bicycles, on a self-driven shared usage basis. It operates a fleet of over 2,500 vehicles in 27 cities across India. It has team strength of over 200 people.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.