Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 610

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 610
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 the expected growth of our operations and to support
financial reporting requirements, we will need to improve our transaction processing and reporting, operational and financial systems
and reporting, procedures, and controls. These improvements will be particularly challenging to realize if we acquire new operations with
different systems or if we continue to rely on manual financial reporting practices. Our current and planned personnel, systems, procedures,
and controls may not be adequate to support our future operations. If we are unable to expand our operations, improve our financial reporting
processes, and hire additional qualified personnel in an efficient manner, it could adversely affect our business, customer and investor
satisfaction, compliance with regulations and laws, and cause our expenses to grow disproportionately relative to our revenue, and our
financial performance and future prospects will be adversely affected.

Breaches and other types of security incidents
of our networks or systems, or those of our third-party service providers, could negatively impact our business, our brand and reputation,
our ability to retain existing Hosts and Guests and attract new Hosts and Guests, may cause us to incur significant liabilities and adversely
affect our business, results of operations, financial condition, and future prospects. 

In the regular course of
our business, we collect, use, store, transmit, and process data and information about Hosts, Guests, employees, and others, some of which
may be sensitive, personal, or confidential and make us an attractive target and potentially vulnerable to cyberattacks, computer viruses,
electronic break-ins, or similar disruptions. Any actual or perceived unauthorized access to or use of such data and information, or breach
of our security measures or those of our third-party service providers, could adversely affect our business, operations, and future prospects.
While we have taken steps to mitigate our cyberattack risks and protect the confidential information that we have access to, including
but not limited to installation and periodical updates of antivirus software and backup of information on our computer systems, our security
measures could be breached. Because techniques used to sabotage or obtain unauthorized access to systems change frequently and generally
are not recognized until they are launched against a target, we may be unable to anticipate these techniques or to implement adequate
preventative measures. Any cybersecurity incident, accidental or willful security breaches or other unauthorized access to our systems
could cause confidential information to be stolen and used for criminal purposes. Cybersecurity incidents, security breaches or unauthorized
access to confidential information could also expose us to liability related to the loss of the information, time