Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 705

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 705
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 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 from Hosts and Guests, and the quality and reliability of any
such alternative payment service provider may not be comparable. Further, the software and services provided by these third parties may
not meet our expectations, may contain errors or vulnerabilities, and could be compromised or experience outages. Additionally, payment
processing software is complex and involves automated processes implemented by us and the third parties that we engage. Therefore, the
payment processing software can be misinterpreted and may be susceptible to errors. These risks could cause us, to lose our ability to
accept and account for online payment or other payment transactions, make timely payments to Hosts, or result in over- or underpayments
to Hosts, any of which could disrupt our business for an extended period of time, make our platform less convenient and attractive to
users, expose user information to unauthorized disclosures and abuse, and adversely affect our ability to attract and retain Hosts and
Guests, or materially adversely affect our business,