Machine-learned allocation is reshaping how supply and demand meet on India’s largest self-drive marketplace, and pulling a new class of professional operators onto the platform

Bengaluru, India, September 23, 2026 – Zoomcar Holdings, Inc. (OTCQB: ZCAR), India’s largest peer-to-peer self-drive car-sharing marketplace, today described how AI-powered matching has become the core technology of its platform, turning fragmented individual car supply into a network guests can rely on.

Peer-to-peer supply is the greatest strength of this model. Thousands of individually owned cars give guests range, price, and reach no owned fleet can match. The task is to connect each guest to the car most certain to show up, across a supply base that large and that varied. That is a matching problem, and matching is what machine learning is built for.

Zoomcar’s allocation engine reads every vehicle and host as a set of learned signals: ratings, fulfilment behaviour, booking patterns, completion records. It predicts which supply will deliver a completed trip and routes demand accordingly. Supply that performs earns preferential allocation, and the rest is ranked accordingly. Every trip makes the next prediction sharper.

Trip cancellations declined 11% on a relative basis in the quarter ended June 30, 2026, against the same quarter a year earlier.

“Every marketplace faces the challenge of fulfillment as it scales. Most try to solve it with more rules and penalties. We chose a different path: build an AI-powered engine that predicts fulfillment risk before it becomes a customer problem and back that intelligence with our Trip Guarantee,” said Vishal Ramrakhyani, Chief Product and Technology Officer of Zoomcar. “Our models predict, with increasing accuracy, which cars will complete trips before a guest ever taps book. And when the algorithm reliably pays for quality, running cars on Zoomcar stops being a side activity and becomes a business. We are not just matching better. We are building a professional supply base that did not exist in this category.”

That base is Zoomcar’s Professional Host network: operators running vehicles with multiple cars, disciplined maintenance, and fulfillment standards they manage deliberately. The model rewards exactly the behaviour they already practice.

The loop runs both ways. Matching directs demand to Professional Host supply, lifting utilization and earnings per vehicle. Those economics justify reinvestment, and hosts add cars. A larger professional base gives the engine better supply to route to.

Professional Host vehicles now hold a rising share of Zoomcar’s active fleet and take a disproportionate share of bookings relative to that share. Professional Hosts also carry a guarantee no other supply on the platform does. Under Zoomcar’s Trip Guarantee, available only on Professional Host bookings, a trip cancelled for host unavailability or vehicle condition returns 150% of the booking amount issued as cash / platform credits.

Zoomcar continues to invest in matching, allocation, and the Professional Host network, building a marketplace where reliability is engineered, not only promised.

About Zoomcar
Founded in 2013 and headquartered in Bengaluru, Zoomcar is India’s largest peer-to-peer car-sharing marketplace. Read about Zoomcar’s journey at https://investor-relations.zoomcar.com/in/.

Forward Looking Statement
This press release contains certain historical data and forward-looking statements under the Private Securities Litigation Reform Act of 1995 regarding future operations, strategy, and performance. Words such as “believes,” “expects,” “intends,” “plans,” “will,” or similar expressions identify these statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially. Key risk factors are detailed in Zoomcar’s SEC filings, including its latest Form 10-K and Form
10-Q, available at www.sec.gov. Zoomcar assumes no obligation to update these statements, except as required by law.