Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 182

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 182
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 rewards and benefits based on repeat bookings. Our referral program, which is currently offered to Guests and Hosts, rewards existing customers for bringing new customers to our platform. |

| ● | Culture and Team. Our team’s commitment to building a marketplace to facilitate better use of personal vehicles through car sharing is critical to our success. Our management team has deep domain experience across marketplaces in our core geographies and the largest addressable markets, including India and Southeast Asia. Over the years, we have been recognized by several publications for our employee-centric work culture, and we view our retention levels, particularly in technical roles, as an indicator of the strength and longevity of our team. |

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Our Technology

The backbone of Zoomcar’s
peer-to-peer car sharing platform is our technology - a mobile-focused platform that connects Hosts and Guests and enables
them to transact in a customer feedback-informed marketplace designed to make better use of community resources. Our applications leverage
data science, machine learning and advanced computer vision capabilities to offer Hosts real-time dynamic pricing capabilities, algorithmically
designed ratings-based listing positioning and enhanced protection through image recognition technology, among other features. With Zoomcar,
Hosts enjoy significant flexibility in listing their vehicles and dynamically adjusting availability and price. The platform also provides
Hosts with powerful tools that help them to understand Guest demand at a granular, near-real-time level so they can better optimize their
offering to prospective Guests. Guests, in turn, are able to search listings by vehicle type, location, price, trip types and other categories
to identify cars to fit specific needs. Our platform does not restrict use cases and, instead, allows for a wide array of trip lengths
ranging from a few hours up to several months.

Core Platform Technologies

Our platform technologies
are comprised of several key elements that underpin the essence of the customer experience that our platform provides for Hosts and Guests:

Catalogue and Filtering.We structure our listed vehicle “catalogue” in a manner designed to allow Hosts to easily add new vehicle listings and
which places listed vehicles in the categories designed to enables Guests to search for cars that meet their needs quickly and efficiently.
The vehicle catalogue is highly personalized for each Guest based on previous booking and search history on the platform, thereby augmenting
the likelihood of an ultimate booking conversion.

Search and Sort Relevance.Our search-and-ranking-based algorithms are powered by back-end data science models that take into consideration Guest preferences
based on historical bookings