Zoomcar Accelerates Margin Expansion with AI 'Fraud Shield,' Cuts Fraud 38% QoQ and Prevents High-Risk Bookings at Scale

Contribution margin reaches ~ $20 per booking in January 2026, the highest in company history, based on preliminary internal estimates (unaudited and unreviewed) BANGALORE, India, April 8, 2026 /PRNewswire/ -- Zoomcar Holdings, Inc. (OTCQB: ZCAR), India's largest peer-to-peer car-sharing marketplace, today announced a 38% quarter-on-quarter reduction in fraud and theft incidents, driven by its AI-powered risk engine, 'Fraud Shield,' marking a key step in the company's ongoing margin expansion. The company reduced fraud incidents from 94 in the October–December 2025 quarter to 59 in January–March 2026, driven by the scale-up of real-time, AI-led decisioning at the booking stage.