Small Taxi Company Investment Opportunity in Bangalore, India
Start up which developed a mobile app which provides travel solutions to corporates seeking investment.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 43 thousand |
| EBITDA Margin | Nil |
| Industries | Taxi + 1 more |
| Locations | Bangalore |
| Local Time | 2:42 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
70 thousand
for
25.0%
stake
(Native Currency: INR 6,000,000)
Reason: To expand to other cities and also to introduce other products.
Includes physical assets worth
USD
6 thousand
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- Providing cab services for corporates: employees can book cab services through the mobile app.
- 8 corporates have signed up with the business so far: Samsung, Prop Tiger, Mobile Iron, AOL (Art Of Living, and IIM-B are some of them.
- Safety and security is a major concern: passengers can hit the "panic button" if something goes wrong. 3 people are informed that the passenger is in distress if this is done.
- All drivers are verified and checked out before being hired.
- Passengers can get the photo and status of the and current location of the vehicle.
Products & Services Overview
Paperless and Accurate Billing, Real Time Vehicle Tracking, Safer Employees, Significant Cost Savings.
Facilities Overview
Its a1000 sft Built up area on rent opposite to lalbagh west gate metro station.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCeo, Software And Hospitality, Bangalore, Individual Investor / Buyer connected with the Business
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