Mobile App Investment Opportunity in Kushinagar, India

Mobile application to book cabs and hyperlocal pick-up and drop services.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Kushinagar
Local Time 3:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 160 thousand for 10.0% stake (Native Currency: USD 160,000)
Reason: Funds will be used for marketing, hiring team and office expenses. We plan to use this funds to meet... View More
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Business Overview

- Mobile application that will allow users to book cabs, shuttles and e-rickshaws. The app will also allow users to book hyperlocal pick-up and drop services.

- Our app will list vehicle operators who will provide both services i. e. passenger transportation and hyperlocal delivery.

- Have already built the mobile app and tested it in the market but it's yet to launch on Android store. We are currently rectifying bugs in the app. Have outsourced 4 developers for the mobile app.

- In order to on-board the vehicle operators, we have built a database of 200+ operators across Delhi NCR. We will launch our app once we have built the database of at least 500+ operators.

- All the vehicle operators will be verified by us before listing them on our app. To generate revenue, we will charge a commission of 20% per booking.

- Company was registered 2 years back but we are yet to start our operations.

- We currently operate from home and we plan to set up an office in Delhi NCR.

Products & Services Overview

Mobile application to book cabs and hyperlocal delivery services.

Assets Overview

Do not own any physical assets at the moment.

Facilities Overview

Operate out of home based office.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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