Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 347

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 347
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 in certificate 
 of deposits*               |       | $ | 91,947 |     | $ | 158,455 |
|                            |       |   | 91,947 |     |   | 158,455 |

| * | Investments includes fixed                 
 deposits and interest accrued on the same. |

(This space has been left intentionally blank) F-84 ZOOMCAR HOLDINGS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

| 14 (b) | Investments with related parties |

The components of investments were as follows:

(In USD)

| As at                              |     | March 
 31,   
 2024  |   |     | March 
 31,   
 2023  |        |
|:-----------------------------------|:----|:------|:--|:----|:------|-------:|
| Long term investments              |     |       |   |     |       |        |
| Investments in certificate         
 of deposits with related parties*

# |     |       | - |     |       | 95,577 |
|                                    |     |       | - |     |       | 95,577 |

| * | these certificate of deposits                                                                                          
 have a maturity of more than 12                                                                                        
 months and hence have been considered under long term. However, these have been given under lien against debt availed. |

| 15 | Other non-current assets |

The components of other non-current assets were as follows:

(In USD)

|                              | As at |   |   March 
     31, 
    2024 |     |   |   March 
     31, 
    2023 |
|:-----------------------------|:------|:--|--------:|:----|:--|--------:|
| Security deposits*           |       | $ | 350,149 |     | $ | 425,669 |
| Receivables from car sale ** |       |   | 458,590 |     |   |       - |
| Other non current assets     |       |   | 808,739 |     |   | 425,669 |

| * | (i)                                                                                                                            
 includes deposit amounting to $130,238                                                                                         
 made as a pre deposit in court for Indian indirect tax appeal filed in FY 2021-22 and 2022-23 in the state of West Bengal and; 
 (ii)                                                                                                                           
 $25,804                                                                                                                        
 made as a deposit under