Zoomcar to launch cab rental product in India to test demand in larger market

Zoomcar is launching a chauffeur-driven cab rental service in Bengaluru, India, expanding beyond its self-drive model. Facing competition from Ola and Uber, Zoomcar will offer rentals from two hours to a month, aiming to capture the larger market for cars with drivers. The company, recently struggling financially, is raising funds to address debt and invest in this new venture.