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HomeStartup Zoomcar, the world’s largest rising market centered automobile sharing platform, declares...

[Zoomcar in GlobeNewswire] Zoomcar, the world’s largest rising market centered automobile sharing platform, declares $10 million monetary funding in reference to the merger with Progressive Worldwide Acquisition Corp. (NASDAQ: IOAC)


BANGALORE, India, Oct. 19, 2022 (GLOBE NEWSWIRE) — As beforehand introduced final week, Zoomcar, Inc. (“Zoomcar”), the world’s largest rising market centered automobile sharing platform, and Progressive Worldwide Acquisition Corp. (“Progressive”) (NASDAQ: IOAC), a publicly traded particular objective acquisition firm, entered right into a definitive merger settlement (the “Merger Settlement”) that may end in Zoomcar changing into a publicly listed firm.

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