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Newly Established Taxi Business Investment Opportunity in Pimpri-Chinchwad, India

Startup providing sustainable electric vehicle fleet solutions for B2B employee transport, seeking investment for expansion.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 33 thousand
EBITDA Margin Nil
Industries Taxi
Locations  Pimpri-Chinchwad
Local Time 3:35 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 23 thousand for 10.0% stake (Native Currency: INR 2,000,000)
Reason: - We plan to add at least six more electric vehicles with the investment. - Each vehicle generates ... View More
Includes physical assets worth USD 34 thousand
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Business Name
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Business Overview
- The company is an electric mobility startup offering sustainable B2B employee transportation services across Pune and PCMC using a fully electric vehicle fleet.
- Operations began six months ago, so there is no previous year’s revenue.
- The company follows a contract-based monthly revenue model, currently serving one institutional client with three electric vehicles.
- Services include daily employee transport, night shifts, event-based travel, and fleet leasing.
- The promoter has prior experience in the transport sector, having managed operations at Shree Balaji Travel, which served both corporate and retail clients.
- Initial ties have been formed with HR and facilities teams in Hinjewadi, Talawade, and Magarpatta, with positive early discussions underway.
- The business meets rising demand for ESG-compliant, cost-efficient mobility and is built to scale through asset-light operations, EV leasing, and a flexible driver network.
- The company is registered under the Shop Act and Udyam.
- Company is currently a sole proprietorship and will be converted to a suitable legal entity once an investor comes on board.
Products & Services Overview
Our top-selling service is an electric employee shuttle, used by IT companies, BPOs, and corporate offices in Pune/PCMC. Companies hire the service on a monthly contract to transport employees to and from office locations using electric vehicles (EVs), helping reduce both costs and emissions.
Assets Overview
- Tangible assets: Three electric vehicles financed through vehicle loans.
- Intangible assets: MSME registration and Shop Act license.
Facilities Overview
The company operates from a 300 sq. ft. self-owned home office in Pimpri-Chinchwad for admin and coordination. This space is not a company asset and is excluded from the investor stake. A shaded, gated parking area on the premises supports up to six EVs.
Capitalization Overview
The business is self-funded with an INR 20 lakh vehicle loan under the founder’s name, being repaid through personal and business income. It is a sole proprietorship, 100% owned by the founder, with no other liabilities.
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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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