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David BackCo-founder of Zoomcar, the first Western-style car rental company in India
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David Back is the co-founder of Zoomcar, the first car rental company in India to focus on “western-style” rentals with no chauffeur. Zoomcar launched in February 2013 with 7 cars in Bangalore. By the time Back left day-to-day management at the end of May 2015, it had grown to about 1,500 cars in 6 cities. The business continues to grow, and now has over 3,000 vehicles in more than 25 Indian cities. Zoom is helping India’s cities grow in a smarter, more sustainable way, with diverse transportation options for different needs.
Zoomcar’s investors include Ford Motor Company, Sequoia Capital, Nokia Growth Partners, FundersClub, EmpireAngels, Former Infosys CFO Mohandas Pai, British politician and businesswoman Lady Barbary Judge, Former US Treasury Secretary Larry Summers, as well as professors at Wharton, Harvard Law School, and Cambridge University’s Judge School of Business.
Zoomcar emerged as one of India’s most innovative brands. It also overtook many western car rental companies as a world-leader in technology and customer success: Zoomcar’s mobile app on the Android Playstore has more downloads and reviews, and a higher rating than the global apps for Hertz, Avis, Enterprise, Zipcar, Budget, Dollar, Thrifty, Turo, Getaround, and Myles (India's distant-2nd biggest car rental company) combined.
David Back received a full scholarship to pursue an MBA at the Judge School of Business at Cambridge University. He dropped out after one term to launch Zoomcar in India.
David Back has worked as a consultant at McKinsey & Co, as an investment manager at Goldman Sachs, and as a research analyst for the General Counsel at the Kauffman Foundation. He also served as the Director of Government Relations for The Hydrogen Expedition – an attempt to circumnavigate the globe in a hydrogen fuel cell powered boat to raise awareness about alternative fuels. Back is an “Entrepreneur-In-Residence” for Idein Ventures, a UAE-India private equity and venture capital fund. He serves on the board of advisors of several start-ups in the US, India, and UK.
Back is also the editor of 365 Of The Wittiest, Most Cutting Insults From History, a page-a-day desk calendar sold to Barnes & Noble Publishing. It features insults from the likes of Winston Churchill, Mark Twain, Voltaire, and even Gandhi!