Zoomcar Holdings, Inc., a leading platform facilitating self-driven car sharing, has collaborated with ACKO Drive, a venture by ACKO dedicated to car purchasing, to support local Zoomcar Hosts in broadening their range of vehicles.
Through this collaboration, ACKO Drive is offering Zoomcar Hosts significant savings of up to INR 85,000 on new car purchases, along with attractive financing offers featuring instant loan approval, express car delivery, and more. This partnership aims to help Hosts broaden their business footprint and substantially increase their earnings potential, as stated by the company.
Zoomcar Hosts, who collectively earned around USD 4 million in Q3 2023 according to Zoomcar’s financial results, are keen on establishing car hosting as popular as car renting. ACKO Drive is leading the way in online car purchases, simplifying the process for customers to compare models, choose financing options, purchase insurance, and access after-sales services through a single platform, as highlighted in a press release.
By joining forces, ACKO Drive will make it easier for Zoomcar Hosts to access exclusive offers, enabling them to further boost their income from car sharing. This partnership presents a significant opportunity for both new and existing Hosts to enhance and expand their business operations, catering to evolving consumer preferences with a range of newer car models, the release stated.
Current Zoomcar Hosts can easily enhance their existing vehicle lineup to cater to the increasing need for a variety of vehicle choices. By embracing newer models, Hosts can improve their competitiveness and tap into the increased earning potential associated with more modern and appealing vehicles.
Greg Moran, CEO and Co-founder of Zoomcar emphasized the company’s commitment to delivering superior experiences to its customers, highlighting the importance of offering a wider range of car options for an exceptional self-drive experience. Moran articulated Zoomcar’s aspiration to notably broaden the car-sharing market, urging additional Hosts to become part of and thrive with the platform. He emphasized that the collaboration with ACKO Drive is crucial in improving affordability and providing more options for users.
Nitin Chadha, Senior Vice President of ACKO Drive, emphasized the evolving travel preferences of Indians and the role of Zoomcar Hosts in fueling individuals’ passion for unique experiences. Chadha highlighted ACKO Drive’s specialization in the online car buying journey and expressed confidence that the partnership with Zoomcar will enable customers to maximize the utility of their owned cars by hosting them on the platform. He reiterated ACKO Drive’s commitment to providing comprehensive support throughout the car-buying journey, including flexible financing options and suitable insurance solutions.
