Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 185

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 185
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 vehicle listing.

The devices also facilitate
24/7 GPS monitoring by Zoomcar of in-trip vehicles. GPS tracking is critical to our ability to offer Guests roadside connectivity assistance
services (as further described below) and to help identify and resolve problems in the event of an emergency or damage to a Host vehicle.
Through this GPS monitoring, our propriety technology collects the driving data we use to customize, and continually improve, our platform
tools and capabilities.

Platform Participants: Hosts and Guests

Zoomcar has built a leading
sharing marketplace currently in India. Our peer-to-peer platform connects Hosts and Guests through our marketplace and enables Guests
to book from a wide variety of vehicles that are conveniently located in their community As of January 31, 2025, we had approximately
44,250 registered Host vehicles and 3.2 million active Guests (defined as Guests who have searched our platform for vehicles or bookings
within the preceding twelve (12)-month period) participating in our marketplace.

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Hosts

Our platform provides Hosts,
whether they own a single car or several, to realize their entrepreneurial potential and obtain a new form of financial independence.
We provide a way for Hosts to generate income from their underutilized vehicles. The following are some of the most typical categories
of Hosts using our platform:

| ● | Retail Hosts. Many Hosts list a single car on the Zoomcar platform with the objective of using car-sharing income as a way to reduce their monthly costs associated with car ownership. We refer to such Hosts as “Retail” Hosts. For these Hosts, their monthly vehicle usage is generally low and, therefore, they look to monetize the vehicle’s downtime through listing on the Zoomcar platform. This provides them with an incremental monthly income to supplement their full-time employment. The majority of Zoomcar’s active hosts fall under the category of Retail Hosts. |

| ● | Entrepreneurial Hosts. We refer to Hosts with two to 10 listed vehicles on the Zoomcar platform as “Entrepreneurial” Hosts. Many of these Hosts started out listing just one vehicle part-time and, over time, have come to regard our marketplace as a place where they can fulfil their entrepreneurial ambition and earn a consistent income. In many instances, these Hosts use the Zoomcar platform as an opportunity to build their own small business within their own neighborhoods and broader communities. Over time, Entrepreneurial Hosts may establish long-term “f