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Zoomcar Holdings

Closed (deSPAC)

Consumer Discretionary · emerging market car sharing platform · founded 2013

What it is
Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is the leading marketplace for car sharing across India, Southeast Asia and the MENA region, with over 25,000 cars currently available to guests using its platform
What it’s doing now
Merging with Innovative International Acquisition Corp. (IOAC) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is the leading marketplace for car sharing across India, Southeast Asia and the MENA region, with over 25,000 cars currently available to guests using its platform. The Zoomcar community connects vehicle owners with guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in growing markets. Uri Levine, the co-founder of mobility unicorns Waze and Moovit, currently serves as Chairman of Zoomcar’s Board of Directors.

Source: S-4/A, accession 0001104659-23-102909

What the company says about itself

Web research — not audited

Zoomcar is India’s Largest Car Sharing Marketplace, founded in 2013 and headquartered in Bengaluru, India. It connects Hosts with Guests to provide affordable self-drive car options, promoting sustainable transportation. The company was listed on OTCQX in 2025.

Markets:
Car Sharing | Marketplace | Sustainable Transportation
Products:
Self-Drive Car Rental | Car Hosting Platform
Customers:
Wego
What our web check found

[WEB-INTEL 2026-08-26] 5 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Zoomcar and IOAC entered into a definitive merger agreement dated October 13, 2022" [https://www.prnewswire.com/news-releases/innovative-international-acquisition-corp-and-zoomcar-the-worlds-largest-emerging-market-focused-car-sharing-platform-announce-effectiveness-of-registration-statement-on-form-s-4-date-of-ioacs-extraordinary-general-meeting-t-301945819.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Innovative International announced its $456 million deal with Zoomcar in October 2022" [https://www.spacinsider.com/news/de-spac-votes-redemptions/innovative-international-completes-zoomcar-deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raising gross proceeds of approximately $1,143,000 in an initial closing. It sold 1,143 Units at $1,000 each" [https://www.stocktitan.net/sec-filings/ZCAR/8-k-zoomcar-holdings-inc-reports-material-event-cad20b36014d.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "the company raised approximately $1.143 million through the sale of 1,143 units, as part of an offering that can reach up to $5 million" [https://www.theglobeandmail.com/investing/markets/markets-news/Tipranks/2343714/zoomcar-launches-private-placement-of-series-a-units/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "securing approximately $537,000 in gross proceeds at $1,000" [https://www.tradingview.com/news/tradingview:87f236aa244bc:0-zoomcar-raises-0-54-million-in-second-closing-of-5-million-series-a-unit-offering/]

Source: https://investor-relations.zoomcar.com/in/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Zoomcar Holdings is merging with Innovative International Acquisition Corp. (IOAC) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $9M · unsourced

Structure per SEC accession(s) 0001213900-26-065928. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Zoomcar Holdings going public?

Zoomcar Holdings has an approved merger with the SPAC Innovative International Acquisition Corp. (IOAC). Deal status: Closed (deSPAC).

Does Zoomcar Holdings have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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