Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 499

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 4
Chunk 499
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 the functionality of our app, slow the rollout of our app on other app marketplaces, increase the cost of using our app,
impose terms of use that are unsatisfactory to us, require users to opt in to enable marketing or advertising features, or modify their
search or ratings algorithms in ways that are detrimental to us, our Guest growth may be negatively affected. Any of the foregoing risks
could adversely affect our business, financial condition, and results of operations.

Our business depends on attracting and retaining
capable management, technology development and operating personnel. 

Our success depends in large
part on our ability to attract and retain high-quality management, technology development and operating personnel. Competition for qualified
employees is intense in our industry. There can be no assurance that members of our management team will continue to work for Zoomcar,
or that we will be able to continue to attract or retain employees focused on technology development or other important aspects of our
business and operations. Our employees, including members of our management team, could leave our Company with little or no prior notice
and would be free to work for a competitor. The loss of even a few qualified employees, or an inability to attract, retain, and motivate
additional highly skilled employees required to carry out our business plans, could harm our operating results and impair our ability
to grow. If we were to lose key members of our management or technology teams, we would need to replace them with qualified individuals
in a timely manner or else our business, results of operations and financial condition could be adversely impacted. Additionally, certain
of our executive officers and directors may allocate their time to other businesses, thereby causing potential conflicts of interests
which could have a negative impact on our business operations.

We also do not maintain “key
person” life insurance on any of our employees. The departure of one or more of our senior management team members or other key
employees could be disruptive to our business until we are able to hire qualified successors.

87

To attract and retain key
personnel, we use various measures, including an equity incentive program for key executive officers and other employees. These measures
may not be enough to attract and retain the personnel we require to operate and grow our business effectively. If we fail to identify,
hire, train, and retain qualified management or technology personnel in the future, it may materially and adversely affect our business,
financial condition, results of operations and prospects.

We are subject to payment-related risks. 

We accept payments using
a variety of