ZCAR on OTC
Zoomcar Holdings, Inc.
American auto rental and leasing services company based in Bangalore.
Price unavailable
Last updated Oct 18, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Facilitation Revenue brought in 50% of the revenue Zoomcar Holdings, Inc. broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2025 | 2026 |
|---|---|---|
| Facilitation Revenue | $9.0M | $9.1M |
| Revenues From Services | $9.0M | $9.1M |
| Other Operating Revenues | $81.3K | $83.8K |
| Other Revenues | $81.3K | $83.8K |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue48¢$4.4M
- Research and development29¢$2.7M
- Other costs23¢$2.1M
Out of $9.2M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Total revenue | $9.2M | $9.1M |
| Cost of revenue | $4.4M | $5.3M |
| Technology and development | $2.7M | $3.0M |
| Sales and marketing | $657.0K | $1.5M |
| General and administrative | $8.2M | $9.8M |
| Total costs and expenses | $15.9M | $19.5M |
| Loss from operations before income tax | -$6.8M | -$10.4M |
| Finance costs | $3.2M | $8.6M |
| Gain on troubled debt restructuring | -$72.9K | -$1.2M |
| Other (income)/expense, net | $4.7M | $7.8M |
| Loss before income taxes | -$14.6M | -$25.6M |
| Net loss attributable to common stockholders | -$14.6M | -$25.6M |
| Basic (in Dollars per share) | -$1.28 | -$52.28 |
| Diluted (in Dollars per share) | -$1.28 | -$52.28 |
| Basic (in Shares) | 11.5M shares | 490.1K shares |
| Diluted (in Shares) | 11.5M shares | 490.1K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2026-03-31 | 2026-01-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $328.6K | $1.1M | ||
| Accounts receivable, net of allowance for credit losses | $100.2K | $200.7K | ||
| Assets held for sale | $267.3K | |||
| Prepaid expenses | $727.8K | $1.0M | ||
| Balances with government authorities | $187.5K | |||
| Other current assets | $103.6K | $261.2K | ||
| Total current assets | $1.3M | $3.0M | ||
| Property and equipment, net of accumulated depreciation $720,261 and $2,855,236 respectively | $153.5K | $327.1K | ||
| Operating lease right-of-use assets | $739.7K | $1.0M | ||
| Intangible assets, net of accumulated amortisation of $12,859 and $10,941 respectively | $2.0K | $5.5K | ||
| Long term investments | $21.1K | $25.7K | ||
| Prepaid expenses | $189.7K | $257.4K | ||
| Other non-current assets, net of allowance for credit losses | $838.1K | $705.8K | ||
| Total assets | $3.2M | $5.4M | ||
| Accounts payable | $22.5M | $12.4M | ||
| Accounts payable towards related parties | $152.4K | $152.4K | ||
| Current maturities of long-term debt | $2.5M | $2.9M | ||
| Current portion of operating lease liabilities | $225.7K | $316.8K | ||
| Finance lease liabilities | $2.1M | $4.0M | ||
| Contract liabilities | $515.9K | $471.7K | ||
| Current portion of pension and other employee obligations | $177.5K | $152.9K | ||
| Unsecured notes | $811.2K | |||
| Convertible Redeemable note | $451.3K | |||
| Unsecured convertible note | $6.6M | $6.0M | ||
| Other current liabilities (Refer Note 28- VIE) | $1.6M | $3.2M | ||
| Total current liabilities | $37.5M | $29.5M | ||
| Operating lease liabilities, less current portion | $601.8K | $802.0K | ||
| Pension and other employee obligations, less current portion | $370.4K | $394.0K | ||
| Total liabilities | $38.5M | $30.7M | ||
| Common stock, $0.0001 par value per share, 250,000,000 shares authorized as of March 31, 2026 and March 31, 2025; 7,433,991 shares and 2,462,418 shares issued and outstanding as of March 31, 2026 and March 31, 2025 respectively | $743 | $246 | ||
| Shares pending issuance | $166.5K | |||
| Additional paid-in capital | $309.9M | $305.7M | ||
| Accumulated deficit | -$347.8M | -$333.2M | ||
| Accumulated other comprehensive income | $2.4M | $2.1M | ||
| Total stockholders deficit | -$35.3M | -$25.3M | -$33.7M | |
| Total liabilities and stockholders deficit | $3.2M | $5.4M | ||
| Property and equipment, net of accumulated depreciation | $720.3K | $2.9M | ||
| Intangible assets, net of accumulated amortisation | $12.9K | $10.9K | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.06 | $0.00 | |
| Common stock, shares authorized (in Shares) | 250.0M shares | 250.0M shares | ||
| Common stock, shares issued (in Shares) | 7.4M shares | 2.5M shares | ||
| Common stock, shares outstanding (in Shares) | 7.4M shares | 2.5M shares |
| Period ending | 2026-03-31 | 2026-01-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $328.6K | $1.1M | ||
| Accounts receivable, net of allowance for credit losses | $100.2K | $200.7K | ||
| Assets held for sale | $267.3K | |||
| Prepaid expenses | $727.8K | $1.0M | ||
| Balances with government authorities | $187.5K | |||
| Other current assets | $103.6K | $261.2K | ||
| Total current assets | $1.3M | $3.0M | ||
| Property and equipment, net of accumulated depreciation $720,261 and $2,855,236 respectively | $153.5K | $327.1K | ||
| Operating lease right-of-use assets | $739.7K | $1.0M | ||
| Intangible assets, net of accumulated amortisation of $12,859 and $10,941 respectively | $2.0K | $5.5K | ||
| Long term investments | $21.1K | $25.7K | ||
| Prepaid expenses | $189.7K | $257.4K | ||
| Other non-current assets, net of allowance for credit losses | $838.1K | $705.8K | ||
| Total assets | $3.2M | $5.4M | ||
| Accounts payable | $22.5M | $12.4M | ||
| Accounts payable towards related parties | $152.4K | $152.4K | ||
| Current maturities of long-term debt | $2.5M | $2.9M | ||
| Current portion of operating lease liabilities | $225.7K | $316.8K | ||
| Finance lease liabilities | $2.1M | $4.0M | ||
| Contract liabilities | $515.9K | $471.7K | ||
| Current portion of pension and other employee obligations | $177.5K | $152.9K | ||
| Unsecured notes | $811.2K | |||
| Convertible Redeemable note | $451.3K | |||
| Unsecured convertible note | $6.6M | $6.0M | ||
| Other current liabilities (Refer Note 28- VIE) | $1.6M | $3.2M | ||
| Total current liabilities | $37.5M | $29.5M | ||
| Operating lease liabilities, less current portion | $601.8K | $802.0K | ||
| Pension and other employee obligations, less current portion | $370.4K | $394.0K | ||
| Total liabilities | $38.5M | $30.7M | ||
| Common stock, $0.0001 par value per share, 250,000,000 shares authorized as of March 31, 2026 and March 31, 2025; 7,433,991 shares and 2,462,418 shares issued and outstanding as of March 31, 2026 and March 31, 2025 respectively | $743 | $246 | ||
| Shares pending issuance | $166.5K | |||
| Additional paid-in capital | $309.9M | $305.7M | ||
| Accumulated deficit | -$347.8M | -$333.2M | ||
| Accumulated other comprehensive income | $2.4M | $2.1M | ||
| Total stockholders deficit | -$35.3M | -$25.3M | -$33.7M | |
| Total liabilities and stockholders deficit | $3.2M | $5.4M | ||
| Property and equipment, net of accumulated depreciation | $720.3K | $2.9M | ||
| Intangible assets, net of accumulated amortisation | $12.9K | $10.9K | ||
| Common stock, par value (in Dollars per share) | $0.00 | $0.06 | $0.00 | |
| Common stock, shares authorized (in Shares) | 250.0M shares | 250.0M shares | ||
| Common stock, shares issued (in Shares) | 7.4M shares | 2.5M shares | ||
| Common stock, shares outstanding (in Shares) | 7.4M shares | 2.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Net loss | -$14.6M | -$25.6M |
| Depreciation and amortization | $91.8K | $433.9K |
| Interest on redeemable promissory note | $2.0M | |
| Amortisation of discount and debt issuance cost on redeemable promissory notes | $1.8M | |
| Interest on unsecured loans | $229.6K | |
| Interest on Convertible notes | $56.8K | |
| Interest on finance leases | $279.7K | $550.9K |
| Loss on modification of finance leases | $456.7K | |
| Change in fair value of Unsecured Convertible Note | $539.8K | -$1.7M |
| Change in fair value of derivative financial instruments | -$9.0M | |
| Issuance cost towards issue of warrants | $3.3M | |
| Gain on sale and disposal of assets, net | $2.2K | -$114 |
| Gain on sale and disposal of assets held for sale, net | -$10.8K | -$1.1K |
| Gain on derecognition of subsidiary, net | -$1.7M | |
| Stock based compensation | $1.5M | $52.5K |
| Assets written off | $110.7K | $853.2K |
| Liabilities written off | -$1.3M | -$219.3K |
| Payable to customers and provision written back | -$102.8K | -$227.6K |
| Gain on recovery of goods and service tax receivable | -$439.2K | |
| Interest on subcontractor liability | $91.9K | |
| Liquidated damages | $2.6M | $570.9K |
| Bad debts against receivables from car sale | $452.0K | |
| Loss on extinguishment of liability | $3.5M | |
| Gain on troubled debt restructuring | -$72.9K | -$1.2M |
| Impairment on assets held for sale | $23.8K | $448.5K |
| Host receivable written off | $55.0K | $202.9K |
| Loss on litigation settlement | $5.3M | $12.7M |
| Loss on settlement | $42.6K | |
| Unrealized foreign currency exchange loss, net | $15.2K | $2.1K |
| Loss on withdrawal of lease waiver | $1.1M | |
| Adjustments to reconcile net loss to net cash used in operating activities | -$6.4M | -$10.6M |
| Decrease/(Increase) in accounts receivable | $87.1K | -$13.7K |
| Decrease in balances with government authorities | $620.5K | $200.8K |
| Decrease in prepaid expenses | $350.3K | $481.5K |
| (Increase) in other assets | -$65.1K | -$230.3K |
| Increase in accounts payables | $3.5M | $1.6M |
| Increase in other liabilities | $410.7K | $615.5K |
| Increase/(Decrease) in pension and other employee obligations | $9.6K | -$267.9K |
| Decrease in operating lease right of use asset | $198.5K | $239.3K |
| (Decrease) in operating lease liabilities | -$198.4K | -$224.9K |
| Increase/(Decrease) in contract liabilities | $94.7K | -$229.0K |
| Net cash used in operating activities (A) | -$1.4M | -$8.5M |
| Payment for purchase of property and equipment, including intangible assets | -$4.7K | -$12.0K |
| Proceeds from sale of asset held for sale | $17.3K | $144.5K |
| (Investments in) / proceeds from fixed deposits | -$1.5K | $359.6K |
| Net cash generated from investing activities (B) | $11.0K | $492.1K |
| Proceeds from issue of equity and warrants (including prepayment of exercise price on pre funded warrants) | $16.1M | |
| Payment of issuance cost towards issue of common stock and warrants | -$2.4M | |
| Proceeds from issue of redeemable promissory notes | $3.0M | |
| Payment of redeemable promissory note issue expenses | -$491.5K | |
| Repayment of redeemable promissory note | -$3.8M | |
| Proceeds from Unsecured notes | $1.3M | |
| Payment of Unsecured notes issuance cost | -$97.0K | |
| Repayment of Unsecured notes | -$596.4K | |
| Proceeds from Convertible notes | $409.5K | |
| Payment of Convertible notes issuance cost | -$15.0K | |
| Proceeds from issue of debt | $595.5K | $1.1M |
| Principal repayment of debt | -$674.0K | -$3.1M |
| Principal payment of finance lease obligation | -$289.2K | -$2.7M |
| Net cash generated from financing activities (C) | $608.4K | $7.7M |
| Net decrease in cash and cash equivalents and restricted cash (A+B+C) | -$739.9K | -$314.7K |
| Effect of foreign exchange on cash and cash equivalents. | -$103.0K | -$9.4K |
| Cash paid for income taxes | -$4.1K | |
| Interest paid on debt | -$190.8K | -$307.4K |
| Issue of Common stock upon conversion of unsecured convertible Note | $2.3M | |
| Issue of Common Stock and warrants | $16.2M | |
| Reclassification of warrants from liability to equity | $8.4M | |
| Issue of Common Stock upon cashless exercise of warrants | $92.8K | |
| Issue of warrants to redeemable promissory note holders | $2.0M | |
| Issue of common stock upon exercise of warrants issued with redeemable promissory notes | $5 | |
| Conversion of unsecured promissory note into equity (shares pending issuance) | $2.0M | |
| Warrants issued to placement agents towards issue of redeemable promissory notes | $418.2K | |
| Warrants issued to placement agents | $1.5M | |
| Acquisition of assets held for sale by incurring a liability | $238.7K | |
| Issue of common stock upon exercise of warrants | $634 | |
| Issue of prefunded warrants in exchange of common stock | $240 | |
| Issue of prefunded warrants in lieu of liquidated damages payable | $2.9M | |
| Warrants pending issuance in lieu of placement agent fees | $14.1K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Zoomcar Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
Chief financial officer
Chief operating officer
2025
- Chief executive officerHiroshi Nishijima Jan 6, 2025 to Jul 15, 202511
- Chief executive officerDeepankar Tiwari Jul 15, 2025 to now12
- Chief executive officerGregory Bradford Moran Jan 10, 2024 to Jan 10, 202413
- Chief executive officerMohan P. Ananda Nov 1, 2021 to Nov 1, 202114
- ChairMohan P. Ananda Oct 26, 2021 to Oct 26, 202115
- PresidentGregory Bradford Moran Jan 10, 2024 to Jan 10, 202413
- PresidentAdarsh Menon Apr 23, 2024 to Apr 23, 202416
- Chief financial officerGeiv Dubash Jan 10, 2024 to Jan 10, 202417
- Chief financial officerElaine Price Oct 26, 2021 to Oct 26, 202118
- Chief operating officerHiroshi Nishijima Jan 10, 2024 to Jan 10, 202419
- Chief operating officerMadan Menon Oct 26, 2021 to Oct 26, 202120
Board members and other officers (16)
- Board memberUri Levine Apr 10, 2025 to now21
- Board memberAn Evelyn D. Jan 10, 2024 to Jan 10, 202422
- Board memberDavid Ishag Jan 10, 2024 to Jan 11, 202423
- Board memberGraham Gullans Jan 10, 2024 to Jan 10, 202424
- Board memberGregory Bradford Moran Jan 10, 2024 to Jan 10, 202413
- Board memberSwatick Majumdar Jan 10, 2024 to Jan 10, 202425
- Board memberJohn R. Clarke Dec 3, 2024 to Dec 3, 202426
- Board memberMark F. Bailey Sr. Dec 4, 2024 to Dec 4, 202427
- Board memberAnuradha George Oct 26, 2021 to Oct 26, 202128
- Board memberElaine Price Oct 26, 2021 to Oct 26, 202118
- Board memberFernando Garibay Oct 26, 2021 to Oct 26, 202129
- Board memberMadan Menon Oct 26, 2021 to Jan 2, 202420
- Board memberNisheet Gupta Oct 26, 2021 to Oct 26, 202130
- Board memberValarie L. Sheppard Oct 26, 2021 to Oct 26, 202131
- Board memberMohan P. Ananda Nov 1, 2021 to Jan 2, 202414
- General counselShachi Singh Jan 16, 2025 to now32
Former names
- Innovative International Acquisition Corp.Jul 6, 2021 to Dec 29, 20233
Timeline
Filings
293 filings to the SEC since October 2021: 7 annual reports, 16 quarterly reports, 99 major events, 38 insider forms, 17 large holders, 2 private raises, 114 other. The latest 20:
- Oct 8, 20268-K CURRENT REPORT EDGAR
- Sep 18, 20268-K CURRENT REPORT EDGAR
- Sep 8, 20268-K CURRENT REPORT EDGAR
- Aug 31, 20268-K CURRENT REPORT EDGAR
- Aug 31, 2026SC TO-I/A AMENDMENT NO. 10 TO FORM SC TO-I EDGAR
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- Aug 14, 20268-K CURRENT REPORT EDGAR
- Jul 24, 2026SC TO-I/A AMENDMENT NO. 9 TO FORM SC TO-I EDGAR
- Jul 23, 20268-K CURRENT REPORT EDGAR
- Jul 16, 202610-K/A ANNUAL REPORT EDGAR
- Jul 15, 20264 EDGAR
- Jul 15, 20264 EDGAR
- Jul 14, 202610-K ANNUAL REPORT EDGAR
- Jul 10, 2026SEC STAFF ACTION EDGAR
- Jul 10, 2026DEFR14A REVISED DEFINITIVE PROXY STATEMENT EDGAR
- Jul 6, 20268-K CURRENT REPORT EDGAR
- Jun 29, 2026NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Jun 26, 2026DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
- Jun 26, 20268-K/A AMENDMENT NO. 1 TO FORM 8-K EDGAR
- Jun 25, 20268-K CURRENT REPORT EDGAR
The 293 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 17 such filings since October 2021, the latest 10:
- Feb 12, 2026SCHEDULE 13D
- May 21, 2025SCHEDULE 13D
- May 21, 2025SCHEDULE 13G
- May 15, 2025SCHEDULE 13G/A
- Nov 13, 2024SC 13G
- Feb 13, 2024SC 13G/A
- Feb 8, 2024SC 13G/A
- Feb 2, 2024SC 13G/A
- Feb 14, 2023SC 13G
- Feb 14, 2023SC 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Money raised
Private offerings the company reported to the SEC on Form D.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARMohan P. Ananda, Chair
- 16SEC EDGARAdarsh Menon, President
- 17SEC EDGARGeiv Dubash, Chief financial officer
- 18
- 19
- 20SEC EDGARMadan Menon, Chief operating officer
- 21SEC EDGARUri Levine, Board member
- 22SEC EDGARAn Evelyn D., Board member
- 23SEC EDGARDavid Ishag, Board member
- 24SEC EDGARGraham Gullans, Board member
- 25SEC EDGARSwatick Majumdar, Board member
- 26SEC EDGARJohn R. Clarke, Board member
- 27SEC EDGARMark F. Bailey Sr., Board member
- 28SEC EDGARAnuradha George, Board member
- 29SEC EDGARFernando Garibay, Board member
- 30SEC EDGARNisheet Gupta, Board member
- 31SEC EDGARValarie L. Sheppard, Board member
- 32SEC EDGARShachi Singh, General counsel