Khaitan advises Ford on ZoomCar stake

Khaitan & Co advised Ford Motor Company in relation to its acquisition of minority stake in ZoomCar, Inc. through Ford Smart Mobility, the automobile investment arm of Ford for around $15m.

ZoomCar is a self-drive car rental company, founded by David Back and Greg Moran in February 2013 in Bengaluru, India.

Vinay Joy (Associate Partner); Pallavi Thacholi (Senior Associate), Prashanth Ramdas (Associate), Aniruddha Basu (Associate) and Aishwarya Giridhar (Associate) represented the client on the transaction.