Why Zoomcar is in Siddharth Ladsariya’s anti-portfolio
25 Dec 2018 9:36 AM GMT
Angel investor Siddharth Ladsariya wasn?t confident of the potential of self-driving car rental in India and thus chose not to invest in Zoomcar
- I had got onto a call with the founders of Zoomcar , Greg Moran and David Back , around 2012-13.
- I was impressed with the founders and the valuation was fine for a pre-Series A round.
- Today, they are growing quite fast, have a slew of investors, including auto giant Mahindra .
- What I know now, which I did not know then, is this: global trends get replicated in India, but after a few years.
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