Zoomcar, India’s car rental platform lists on Nasdaq

Zoomcar Inc, an Indian car rental company, has gone public after being acquired by Innovative International Acquisition Corp. Zoomcar Holdings has commenced trading on the Nasdaq stock exchange following the acquisition, under the ticker symbol ZCAR.

Innovative International Acquisition Corporation (NASDAQ: IOAC, or “IOAC”), formerly a Cayman Island registered blank-check special purpose acquisition company, and Zoomcar, Inc. (“Zoomcar”), an emerging market focused peer2peer car sharing company, had announced the closing (“Closing”) of their previously announced merger (the “Business Combination”).