Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1734

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 5
Chunk 1734
---
 with a derivative suit brought
by shareholders of Stamps.com in exchange for (i) payment of $30 million of insurance proceeds to Stamps.com on behalf of certain of the
shareholders from D&O insurance policies purchased by Stamps.com for the benefit of its directors and officers and Stamps.com; and
(ii) implementation of certain corporate governance changes by Stamps.com. n August 2021, Stamps.com agreed to pay $100 million to settle
claims in connection with a class action lawsuit brought by investors alleging Stamps.com misled investors about Stamps.com’s relationship
with the United States Postal Service to artificially inflate its stock price. Dr. Ananda also has been instrumental in entering into
a definitive agreement for Stamps.com (STMP) to be acquired by Thoma Bravo, LP, a leading software investment firm, in an all-cash transaction
that values Stamps.com at approximately $6.6 billion. Under the terms of the agreement, Stamps.com stockholders will receive $330.00 per
share. Dr. Ananda was also the founder and director of a European-based investment firm, JAB Holdings Limited (“JAB”).
JAB’s capital was raised through a public offering in the Alternative Investment Market of the London Stock Exchange in the United
Kingdom. Dr. Ananda was also a founder of Envestnet, Inc. (NYSE:ENV) (“Envestnet”), which is a leading provider of
solutions to financial advisors and institutions. Dr. Ananda served as a director on Envestnet’s board for a number of years. He
is also the Chairman and CEO of Ananda Enterprises, Inc. a California company that provides technology and management consulting services.
Dr. Ananda has been a managing partner in the law firm of Ananda & Krause, since 1986 and is the founding Chairman and CEO of Ananda
Foundation (ananda-foundation.org). Ananda Foundation is a non-profit organization committed to bringing innovation in healthcare management
to the lives of people by providing medical services online (telemedicine) for Neurology/Neurosurgery, Internal Medicine & Pediatric/Adolescent
Medicine patients from all over the world. This includes clinical knowledge exchange, health technology implementation, and patient treatment
in collaboration with the areas of telemedicine, tele-radiology services, and remote medical opinions/second opinions.

Dr. Ananda is also the Chairman
of Paanini Foundation. The Paanini Foundation is focused on