Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 85

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 85
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 forms of political or economic instability
in our markets may harm our business, financial condition and operating results.

46

We are subject to risks associated with
operating in rapidly evolving emerging markets. 

To continue growing our
business, we plan, in the future, to strengthen our operations and presence in existing emerging markets and to expand into other emerging
markets, which may include, without limitation, markets in Southeast Asia, Middle East/North Africa, and Latin America. We have limited
experience operating in jurisdictions outside India and plan to continue our efforts to expand into other jurisdictions. Business operations
in multiple jurisdictions and markets is difficult, time consuming and expensive, and any international expansion efforts that we may
undertake may not be successful. In addition, conducting international operations subjects us to risks associated with operating in emerging
markets, including but not limited to the following:

    ●
    operational and compliance
    challenges caused by distance, language, and cultural differences, including but not limited to the additional cost and resources
    required to localize our services, the translation of our mobile app, website and platform into foreign languages, and the adaptation
    of our operations to local cultures and practices, and any changes in such cultures and practices;

    ●
    unexpected and more restrictive
    laws and regulations, as amended from time to time, including those laws and regulations governing internet activities, peer-to-peer
    car sharing platforms, leasing or renting cars, insurance requirements, licensing and usage of vehicles, employment, tax, licensing
    and permitting, identify verification and screening, email and text messaging, collection and use of personal information, privacy
    and data protection, payment processing, currency regulation, auto insurance scores, or other third-party data sources for trust
    and safety screening purposes, and other activities important to our online business practices;

    ●
    differing levels of technological
    compatibility with our platform and social acceptance of our brand and platform, and competition with companies that understand the
    local market better than we do or that have preexisting relationships with potential Hosts and Guests in those markets;

    ●
    legal uncertainty regarding
    our liability for the actions of Hosts and Guests, including uncertainty resulting from unique local laws or a lack of clear precedent
    of applicable law;

    ●
    dependency on third-party
    suppliers for the provision of essential business products/services including but not limited to IoT devices and software integrations
    in different jurisdictions.

    ●
    difficulties in managing