Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 62

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 62
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. If Guests, in turn,
do not treat Host vehicles with care, engage in reckless driving or other malfeasance during booked trips or violate platform terms and
conditions or use Host vehicles in the commission of crimes or illegal acts, their actions could cause Hosts to withdraw vehicles from
our platform or pursue damages claims against Zoomcar. Events ranging from unanticipated litigation involving Zoomcar to trip cancellations
by Guests may affect perceptions of our business by individual Hosts and Guests or of larger numbers of persons or groups of persons about
our platform and the perceived benefits or risks to booking cars through our platform. Because our ratings and review system encourage
and facilitates public sharing of Hosts’ and Guests’ experience with bookings and with our platform, platform users have a
forum to express describe their individual, subjective experiences with Host vehicles, bookings and any other aspect of our business,
which may not always be favorable. Although we monitor usage of our platform review and ratings systems, we cannot control behaviors of
our customers and from time to time, platform features designed to encourage productive information sharing may lead to dissemination
of information which is misleading, misrepresentative, false and which may be damaging to our reputation. Any of the foregoing, among
other facts and circumstances, may result in unfavorable press coverage of Zoomcar and our reputation and, consequently, our business
may be harmed.

The acceptance of our brand
will depend largely on maintaining a good reputation, minimizing the number of safety incidents, continuing an improved culture and workplace
practices, improving existing functions, feature and technologies, developing new functions, features and technologies of our platform,
maintaining a high quality of customer service and ethical behavior and continuing our marketing and public relations efforts. Our brand
promotion, reputation building, and media strategies involve and will continue to involve significant costs yet may not be successful.
We anticipate that other competitors and potential competitors will scale and expand their business, which will make maintaining and enhancing
our reputation and brand increasingly more difficult and expensive. If we fail to successfully maintain our brand in the current or future
competitive environment or if events occur in the future which negatively affect public perception of our Company, our brand and reputation
would be further damaged, and our business may suffer.

The impact of adverse or changing economic conditions, including the resulting effects on consumer spending or mobility patterns, may adversely affect our business, financial condition, and results of operations.

Our business depends on
the overall demand for vehicle bookings. Any significant weakening of the economy in our operating jurisdictions or of