Mumbai: Zoomcar is India’s largest marketplace for cars on rent. From short road trips to quick in-city drives for groceries, supply pick-up, food runs, Zoomcar have the cheapest car rental options for all needs.
With Zoomcar, customers can experience the convenience of online booking. The cars listed on their platform come with all-India permits that include vehicle insurance. It is extremely easy to pick up the car from the host location.
Indiantelevision.com caught up with Zoomcar country head-India Naveen Gupta to know more about the platform…
Edited excerpts
On Zoomcar’s innovative platform and turning our car into a source of passive income
Zoomcar’s car sharing platform enables individual vehicle owners to list their cars on Zoomcar and earn a revenue share on each booking. With our host program Zoomcar is creating a network of micro-entrepreneurs & making individuals economically independent. Zoomcar’s unique platform facilitates car sharing. Owners of personal/ private vehicles (hosts) can list their vehicles on the platform, and eligible users (guests) can book these vehicles for personal use. Presently Zoomcar has 20,000+ hosts & about 5 Mn Guests
Hosting on Zoomcar is easy & convenient: hosts can sign up for free & within 30 minutes they can make their listing live. The car is then fitted with a safety monitoring device and is then ready to list on the platform and earn income for the host once the car starts receiving bookings. Hosts have complete flexibility to share their car whenever it’s convenient. Zoomcar directly credits earnings to the hosts’ bank account in a weekly manner.
Zoomcar empowers host entrepreneurs to safely and easily share their cars to earn additional passive income. The average host shares their vehicle for 15 days in a month and earns up to Rs 50,000/- per month. Zoomcar hosts are a mix of entrepreneurs, corporate employees, and small business owners with approximately 15 per cent of the hosts listing multiple cars on the Zoomcar sharing marketplace. Hosts inspire to create a secondary source of income from existing/new vehicles to create a car sharing business of their own. The marketplace now also offers a selection of luxury cars from Audi, Mercedes and Mini Cooper, and new 7-seater vehicles like the Tata Safari and MG Hector Plus. Luxury car hosts have earned more than Rs five lakhs on Zoomcar in the last six months, earning on average more than Rs 70,000 a month.
On Zoomcar offering home delivery to customers?
Yes, with our home delivery product launch we have 1000+ hosts that are currently offering home delivery to guests.
On Zoomcar’s host and guest model contributing to a more sustainable future and the environmental impact of underutilised cars
At Zoomcar our aim is to fundamentally transform the urban landscape in India and emerging markets through the introduction of affordable, shared personal mobility solutions that address the pressing problems of congestion, affordability, and air quality at scale. India currently possesses one of the lowest private car utilisation rates in the world and through our host programme, we seek to transform this idle vehicle capacity to create better utilisation. We expect this programme at scale to dramatically reduce on-road congestion and urban air pollution. Our mission is to democratise car access across the world’s high growth urban centres. The very business model of Zoomcar is centred on reducing the burden of increasing vehicles on the infrastructure and the environment. In my opinion, a car share takes 20 other cars off the road.
On Zoomcar’s host and guest model empowering car owners to monetize their vehicles effortlessly
The host program ensures a simple process, starting from a free vehicle sign up. Post this your car can be listed with a few steps in about 30 minutes & it is ready to earn income for the owner. The host program provides the vehicle owner with total flexibility to share whenever it’s most convenient. To further simplify the car sharing process, Zoomcar directly credits earnings on a near real-time basis to the vehicle owner’s bank account.
On the success stories of car owners who have experienced a significant boost in their income
Shashi Shekhar, from Bangalore, became a car host at Zoomcar after coming across a Facebook advertisement. The advertisement came at the right time, since Shashi, who was working in the automobile sector, had lost his job due to the pandemic. He decided to try earning additional income and has now become a full-time host in Zoomcar with four cars earning over one lakh each month.
Another host who is on Zoomcar, Jagdish Jawar, the owner of an Ayurvedic factory, discovered Zoomcar when he was looking to multiply his income. He currently has four cars on the platform and each car generates around Rs 40,000 per month, so with his four cars, he earns around 1.5 lakhs per month.
Vivian Pinto, a 26-year-old Banker from Mangalore, who discovered Zoomcar while looking for options to earn more, says that it is one of the best platforms for car hosts and those who wish to book a car for personal use . He also currently has four cars on the platform and plans to add more in the future.
On Zoomcar’s growth YoY
Zoomcar has 90 per cent market share in the Indian market and has the first mover and first to scale advantage. At its core, Zoomcar’s primary advantage stems from its continuing focus, from inception, on investing across core technologies such as IoT and machine learning to create a seamless, frictionless user experience for guests and hosts.
Zoomcar is the leading marketplace for car sharing in emerging markets and has more than five million guests and a 20,000+ strong Host Community; As a platform, we’ve witnessed exceptional growth in the number of hosts using our platform and we expect this to grow even more as more car owners understand the economic benefits of hosting on Zoomcar. Our team continues to be focused on delivering delightful customer experiences for our hosts and guests on the Zoomcar platform. We have seen tremendous growth in business volumes compared to last year as we got out of covid-19.
On the platform supporting local economies and providing affordable transportation options for guests
For Zoomcar, customer obsession is deeply rooted in our DNA, customer centricity is an integral part of all the Zoomcar initiatives. Our number one priority will always be to create the most seamless, frictionless, user-friendly self-drive experience on the planet. With over 20,000 cars on its technology-driven platform across India, Indonesia and Egypt, Zoomcar is transforming the urban mobility landscape with the introduction of affordable, sustainable and convenient transportation solutions. Zoomcar currently operates across more than 45 cities globally and plans to continue building smart, convenient and sustainable transport solutions for emerging market consumers.
On Zoomcar making a positive impact on the economy while reducing the financial burden of car ownership
Zoomcar has morphed into an asset-light business model by leveraging technology and its market leadership position to drive user adoption and acceptance. What sets the company apart is the intense focus on technology, product, and infusing data science to create a disproportionately robust customer experience, which helps create a very sticky customer cohort, both on the guest/demand side and host/supply side. Through its host program, Zoomcar seeks to transform idle vehicle capacity by leasing private vehicles to create better utilisation and dramatically reduce on-road congestion and urban air pollution in cities.
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