Newly Established Taxi Company Investment Opportunity in Hyderabad, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Run Rate Sales||USD 120 thousand|
|Local Time||8:44 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- We are an online cab booking platform with own application and website running operations in Hyderabad looking forward to create a revolution in the cab industry.
- Our business model is unique and stands out from competitors as we are a driver centric business focused on increasing the number of drivers associated with the brand and overall sales for the company.
- The USP of our business is that we charge the same pricing throughout the year irrespective of climatic change. The surge fee is charged by all our competitors and will give us a competitive edge in taking off this fee.
- We do not charge any commission on drivers' per ride. Our revenue model is based on subscriptions coming from the cab drivers. This subscription amount is very less compared to the commission charged by our competitors.
- Started operations last year but could not generate much revenue due to lockdown. We have good growth rate in terms of rides per day. Completing more than 100 rides per day at the moment with more than 3,800 drivers.
- We are giving credits to drivers at the moment to start generating leads and acquiring a market share. This is why our profit margin is nil for now.
- Adopting predatory marketing strategies to acquire and retain a large customer base.
We provide on-time cab booking services with professional drivers and reliable cabs.
We own some office equipment and computers.
We have a rented office facility of around 180 square feet.