Used Car Dealers Company Investment Opportunity in Pune, India

- We aim to be a B2B & C2C marketplace to buy and sell vehicles through a transparent live bidding system.

- Have a website and mobile application on Android for provision of services.

- Platform does not maintain inventory or provide logistics. It is powered by automated inspection and machine learning.

- We have two types of clients: those who list individual vehicles for auction and retail vehicle dealer listing.

- Have hosted more than 1,000 auctions of individual customers and have had more than 2,000 vehicles listed by retail vehicle dealers.

- Recently tied up with banks such as ICICI and Axis to sell vehicles that they were pledged to them, that they plan to auction.

- Promoters have combined experience of 30+ years in tech development and operations business.

- Have won the best startup award in Pune in an event held by Cisco and IIT Kanpur.

- Our revenue model is a flat subscription based fee for listing the vehicles.

We provide live auction services for buying and selling vehicles. Plan to introduce additional services such as insurance, loan, servicing and accessories.

Tabs, IP, computers, furniture and fixtures, goodwill.

We have leased office space of 5,000 sq. ft. in Bavdhan, Pune.