Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 48

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 48
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 liquidity and capital resources;                                   |
| ● | facilitate sufficient bookings to become profitable in the near-term           
 if at all;                                                                     |
| ● | attract increasing numbers of Hosts and Guests within our current market       
 and future potential additional markets;                                       |
| ● | increase penetration within our current markets through continued improvements 
 in vehicle density, platform features and strategic marketing efforts;         |
| ● | enable us to successfully execute our business plans;                          |
| ● | enhance our brand recognition and awareness;                                   |

21

| ● | acquire new Hosts and Guests by increasing our market penetration with 
 deeper market coverage;                                                |

| ● | develop new platform functionality and features that enhance our ability    
 to retain Guests and Hosts;                                                 |
| ● | develop, improve or innovate our proprietary technology that allows         
 for a sustainable competitive advantage;                                    |
| ● | attract, retain, and manage a sufficient staff of management and technology 
 personnel; or                                                               |
| ● | respond effectively to competitive pressures.                               |

Our operating and financial forecasts are subject to various known and unknown contingencies and factors outside of our control and may not prove accurate, and we may not achieve results consistent with management’s expectations. Our quarterly and annual operating results have fluctuated in the past and are likely to fluctuate in the future. During any given period, our operating and financial results may be influenced by numerous factors, many of which are unpredictable or are outside of our control. Additionally, our limited operating history with our current peer-to-peer car sharing business model makes it difficult for us to forecast our future results and subjects us to a number of uncertainties, including our ability to plan for and anticipate future growth. As a result, you should not rely upon our past quarterly and annual operating results as indicators of future performance. We have encountered, and will continue to encounter, risks and uncertainties frequently experienced by growing companies in rapidly evolving markets, such as the risks and uncertainties described herein. The market for online platforms for peer-to-peer car sharing is relatively new and rapidly evolving. If we fail to successfully adapt to developments in our market, or if peer-to-peer car sharing online platforms do not achieve general acceptance, it could adversely affect our business, financial condition and operating results. In December 2021, we transitioned to our current peer-to-peer cash sharing business model. The market for online peer-to-peer car sharing platforms is relatively new and unproven and the data and research available regarding the market or the industry may be limited and unreliable. It is uncertain whether the