Levine, former Chairman of Zoomcar’s Board, rejoins the company to provide strategic guidance, focusing on operational excellence and growth. His return includes the possibility of resuming the Chairman role, pending Board approval.
22 Oct 2024 | 1753 Views | By Autocar Professional Bureau
Zoomcar Holdings, Inc. (Nasdaq: ZCAR), a Nasdaq-listed company specializing in self-drive car sharing, has announced the return of Waze Co-Founder Uri Levine as its Strategic and Financial Advisor. Levine previously served as Chairman of the Board at Zoomcar from 2021 to 2023, prior to the company’s public listing.
In ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
Zoomcar Holdings, Inc. (Nasdaq: ZCAR), a Nasdaq-listed company specializing in self-drive car sharing, has announced the return of Waze Co-Founder Uri Levine as its Strategic and Financial Advisor. Levine previously served as Chairman of the Board at Zoomcar from 2021 to 2023, prior to the company’s public listing.
In his new role, he will provide strategic guidance to the Zoomcar team, focusing on problem solving, operational improvements, and capital growth. Additionally, Levine may have the opportunity to return as Chairman of Zoomcar, pending Board approval.
Commenting on his return, Levine said, "I am pleased to rejoin Zoomcar and contribute to its next phase of growth. The goal is to improve mobility solutions in emerging markets, ensuring that growing demand is met efficiently and sustainably."
Zoomcar’s Interim CEO, Hiroshi Nishijima, highlighted Levine’s expertise, noting, "Uri has a solid track record in addressing customer challenges and scaling businesses. His insights will be valuable as we continue to drive Zoomcar’s growth."
Uri Levine is a serial entrepreneur with significant experience in the technology and mobility sectors. In 2007, he co-founded Waze, a widely used traffic and navigation app that was acquired by Google in June 2013 for $1.1 billion. Waze currently has over 140 million monthly active users across 185 countries. Levine was also an early board member and investor in Moovit, an app often referred to as the "Waze for public transportation." Moovit, which is used by over 750 million people globally, was acquired by Intel in 2020 for $1 billion.
Founded in 2013 and based in Bengaluru, India, Zoomcar operates as a marketplace for car sharing with a primary focus on India. The platform connects car owners (Hosts) with individuals (Guests) seeking to rent vehicles, offering a range of options at competitive prices. Zoomcar promotes sustainable and efficient transportation solutions in the country.