Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 12

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 12
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 Our platform allows Guests and Hosts to tailor and customize the way cars are used. Longer car trips (above 15 miles), which
    are not economical through ride sharing services, represent the vast majority of bookings on our platform. However, given the numerous
    listed vehicles distributed across nearly all parts of our most populous urban markets, our platform also enables users to book cars
    for shorter, intracity errands or short-duration leisure trips. Our platform also enables Guests to transition seamlessly from short
    duration usage to long duration usage depending on the Guests plans, thus removing the rigidity that comes with a rental car or chauffeured
    transaction.

    ●
    Accessibility and Ease
    of Use. Our online, app-based platform allows Guests to set up accounts and transact in just minutes. Through a higher personalized
    search function, which can filter results by price, location, type of car, rating and other salient features, Guests are afforded
    the ability to bypass tedious phone calls with agents and waiting times that are associated with traditional car rental. Hosts are
    able to install our keyless entry devices within their vehicles at one of our authorized installers in under an hour and can effortlessly
    optimize their vehicle pricing and specific listing terms, thus becoming the Hosts’ “back office” for their car
    sharing.

Competitive Advantages

Zoomcar’s primary
value proposition as a platform stem from the incredible depth and breadth of vehicles offered to Guests combined with an innate ability
to provide consistent hyper-local convenience and flexibility across each transaction:

    ●
    Unique Inventory. As
    on March 31, 2025, we had approximately 542 vehicle models that were listed on our platform by Hosts at thousands of pick-up
    locations mainly in India (which was our main market and is currently our only market). The number, size, model and makes of the
    vehicles listed by Hosts change from time to time but generally include a wide range of different vehicles, including SUVs, compact
    cars, sedans and electric vehicles. As of March 31, 2025, around 49%  of our GBV was generated by trips booked with SUVs or
    other premium-segment vehicles and around 61% of GBV was generated from trips involving newer-model cars (manufactured in 2022,
    2023, 2024 and 2025).We believe that the volume and diversity of vehicles offered by