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Newly Established Taxi Company Seeking Loan in Kolkata, India

Kolkata based business provides electric vehicles to corporate companies for employee transportation.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Taxi
Locations  Kolkata
Local Time 9:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 13 thousand for 8.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Looking for funds to convert our current diesel vehicles to electric vehicles and lease 5 more elect... View More
Collateral Available: USD 0
Includes physical assets worth USD 11 thousand
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Business Overview

- Our company is looking to provide eco-friendly electric cars to corporate companies for transporting employees.

- Currently, we have 2 own diesel cars that we are looking to convert into electric vehicles.

- Also, have a tie-up with a company who will provide us with 5 additional electric cars on lease.

- We are in talks with a Japanese vehicle leasing company to provide us with clients for a commission.

- Clients pay us a monthly lump-sum and we provide them with vehicles and drivers when required.

- On a daily basis, we are travelling over 160 Km in total which would increase once we add more cars.

- Promoter has been working in the field of passenger transportation since 2017.

- Business has stopped temporarily due to the pandemic.

Products & Services Overview

Electric vehicles for the transport of employees from residence to office and back.

Assets Overview

Company's physical assets include 2 cars.

Facilities Overview

Office is based out of the ground floor of promoter's residence.

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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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