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Zoomcar to Raise $25 Million from Ford, Reliance

Zoomcar is on the brink of closing a round which will see a capital influx of $25 million, sources close to the deal said. Ford Smart Mobility, Reliance Venture Asset Management and Sequoia Capital will participate in the Series C round. The company had raised $11 million last year. This is Ford’s first investment in India. The company will flush

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