Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 143

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 143
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 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 methods, including credit or debit cards, or digital payment alternatives like UPI or other specific digital wallet platforms.
As our payment policies are subject to change from time to time in accordance with evolving legal requirements and market availability
of mobile and other payment systems in different jurisdictions where we operate, we offer new payment options to Hosts and Guests from
time to time, subject to additional regulations, compliance requirements, and fraud risks. For certain payment methods, including credit
and debit cards, we pay interchange and other fees that may increase over time and may increase our operating costs and lower profitability.

We rely on third-party payment
processors to process payments, refunds, and reimbursements. Under our commercial agreements with these third parties, they may terminate
the relationships with us at any time in their sole discretions. If one of these third parties terminates its relationship with us or
refuses to renew its agreement with us on commercially reasonable terms, we could incur substantial delays and expenses in locating and
integrating an alternative payment service provider to process payments