Ford Motor company led Ford Smart Mobility firm, mainly, a subsidiary has invested a hefty amount of $24 million in self-driving sensor technology startup Zoomcar,a zip-car like business which operates from Bengaluru, India. The following funding was raised in a Series B round along with other participants such as Sequoia Capital, Nokia Growth Partners, and Empire Angels. Though, the sum …

A self-drive car rental company, Zoomcar has raised a whopping amount of 25 million USD Through Series C funding from Ford Motor Co. as well as two other equity investors on Monday, July 25, 2016. The total equity funding has settled down to amount $46.5 million.The other twofundraisers apart from Ford are Sequoia Capital and Reliance Venture Management. Founded in …