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Zoomcar starts buying and selling on Nasdaq

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February 27, 2025
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Automotive sharing corporate Zoomcar made its public marketplace debut following its merger with clean test corporate Cutting edge World Acquisition Corp.

The blended corporate, now known as Zoomcar Holdings, started buying and selling on Nasdaq on December 29 below the ticker ZCAR.

Zoomcar, which used to be based in 2014, introduced its goal to head public by means of particular objective acquisition corporate in October. The transaction worth of the blended corporate used to be mentioned to be $456 million on the time.

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Greg Moran, co-founder and CEO of Zoomcar, mentioned, “This marks the start of the most important new section in our corporate’s expansion as we embark on achieving new heights for our rising marketplace centered peer-to-peer automobile sharing platform.”

Mohan Ananda, chairman and CEO of Cutting edge World Acquisition Corp., who is predicted to function the preliminary chairman of the Zoomcar Holdings board, mentioned: “As an leading edge peer-to-peer car-sharing corporate, Zoomcar holds immense attainable to determine a world group of vehicle house owners and renters. With Zoomcar’s remarkable control staff, we’re poised to make a transformative have an effect on on conventional industries. Our collaborative efforts purpose to problem norms, create alternatives for lively participation within the sharing economic system, and redefine the way forward for mobility on a world scale.”

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Automotive sharing corporate Zoomcar made its public marketplace debut following its merger with clean test corporate Cutting edge World Acquisition Corp.

The blended corporate, now known as Zoomcar Holdings, started buying and selling on Nasdaq on December 29 below the ticker ZCAR.

Zoomcar, which used to be based in 2014, introduced its goal to head public by means of particular objective acquisition corporate in October. The transaction worth of the blended corporate used to be mentioned to be $456 million on the time.

Subscribe to our publication under

Greg Moran, co-founder and CEO of Zoomcar, mentioned, “This marks the start of the most important new section in our corporate’s expansion as we embark on achieving new heights for our rising marketplace centered peer-to-peer automobile sharing platform.”

Mohan Ananda, chairman and CEO of Cutting edge World Acquisition Corp., who is predicted to function the preliminary chairman of the Zoomcar Holdings board, mentioned: “As an leading edge peer-to-peer car-sharing corporate, Zoomcar holds immense attainable to determine a world group of vehicle house owners and renters. With Zoomcar’s remarkable control staff, we’re poised to make a transformative have an effect on on conventional industries. Our collaborative efforts purpose to problem norms, create alternatives for lively participation within the sharing economic system, and redefine the way forward for mobility on a world scale.”

Tags: beginsNasdaqtradingZoomcar

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