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Zoomcar implements debt restructuring for the next long drive

Zoomcar is actively restructuring its debt to reduce obligations of $31 million by June 30, 2024. The company has negotiated with lenders and vendors to convert 75% of its debt into deferred payments or reduced settlements.

News Track · 3d

Zoomcar Steers Toward Success with Major Debt Restructuring Plan

Zoomcar, a prominent self-drive car-sharing platform, has taken significant steps to restructure its debt as part of its efforts to reduce f..|News Track

Your Story · 3d

Zoomcar announces debt restructuring with focus on financial stability

Zoomcar plans to finish its restructuring exercise by November 2024 to decrease cash outflow and invest in strategic initiatives for long-term sustainability and stakeholder value.

YAHOO!Finance · 3d

Zoomcar Announces Debt Restructuring Amidst Continued Growth and Leadership Focus on Financial Stability

Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, hit a major milestone in the debt restructuring process that is aimed at reducing the company's debt obligations of approximately $31 MM out of the total outstanding debt ("debt" and "payables") as on June 30,

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Zoomcar's New AI Assistant: Ramps Up Car-Sharing In India With 24/7 Host Support

Zoomcar Holdings, Inc. (NASDAQ:ZCAR) reported the launch of its Generative AI (Gen AI) Assistant. Based in Bengaluru, India, Zoomcar is a marketplace for car sharing focused in India. Now ...

Seeking Alpha3d

ZCAR Zoomcar Holdings, Inc.

Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. The company connects hosts with guests, who choose from a selection of cars for use at affordable ...

Nasdaq1mon

Zoomcar Pioneers AI Innovation: Unveils Beta AI Assistant to Enhance Host and Guest Experience

BENGALURU, India, Aug. 30, 2024 /PRNewswire/ -- Zoomcar, Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for ...

Investing4d

Zoomcar shareholders approve reverse stock split, elect directors

Zoomcar Holdings, Inc., a Delaware-incorporated auto rental and leasing services provider, announced the outcomes of its annual meeting of stockholders on October 8, 2024. The meeting, which had ...

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Zoomcar Launches New All-in-One App To Boost Car Sharing Experience

Zoomcar, the leading self-drive car sharing platform listed on NASDAQ (ZCAR), has just launched an upgraded unified app, promising to transform the car sharing experience for both Guests and Hosts.

Benzinga.com10d

Zoomcar Holdings (NASDAQ:ZCAR) Stock Quotes, Forecast and News Summary

Zoomcar's New AI Assistant: Ramps Up Car-Sharing In India With 24/7 Host Support Zoomcar launched a beta version of its Generative AI Assistant, which enhances Host support and will soon aid ...

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