Online Marketplace Startup Seeking Loan in Hyderabad, India
Online marketplace for chauffeur bookings seeking funds to enhance user experience and grow.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 12 thousand |
| EBITDA Margin | Nil |
| Industries | Online Marketplace |
| Locations | Hyderabad |
| Local Time | 12:18 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.2 thousand
for
8.5%
annual interest,
5
years
(Native Currency: INR 1,000,000)
Reason: To enhance user experience and scale the business.
The owner has requested a repayment grace period ...
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Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Operating within the online marketplace sector, this newly established business specializes in connecting users with verified, trained chauffeurs to facilitate safe and reliable travel.
- Founded and based in Hyderabad, catering to the diverse transport needs of users in this bustling city.
- The primary service includes in-city chauffeur booking, which allows commuters, professionals, and families to hire verified drivers through an easy-to-use app for seamless driving experiences in their own vehicles.
- Currently, has 1,280 registered users who rely on the platform for safe and convenient travel solutions.
- The business operates on a commission-based revenue model, earning a 10% commission on ride revenues, ensuring a steady income stream from each booking.
- Plans to introduce a subscription model for drivers, which aims to enhance profit margins and provide drivers with additional benefits.
- The business intends to incorporate advertising as a secondary revenue stream, capitalizing on its growing user base and high traffic on the app.
- Primarily caters to urban commuters, business professionals, and families seeking a trustworthy and trained driver for daily travel needs.
- Holds and operates with a valid registration certificate.
- Founded and based in Hyderabad, catering to the diverse transport needs of users in this bustling city.
- The primary service includes in-city chauffeur booking, which allows commuters, professionals, and families to hire verified drivers through an easy-to-use app for seamless driving experiences in their own vehicles.
- Currently, has 1,280 registered users who rely on the platform for safe and convenient travel solutions.
- The business operates on a commission-based revenue model, earning a 10% commission on ride revenues, ensuring a steady income stream from each booking.
- Plans to introduce a subscription model for drivers, which aims to enhance profit margins and provide drivers with additional benefits.
- The business intends to incorporate advertising as a secondary revenue stream, capitalizing on its growing user base and high traffic on the app.
- Primarily caters to urban commuters, business professionals, and families seeking a trustworthy and trained driver for daily travel needs.
- Holds and operates with a valid registration certificate.
Products & Services Overview
Service includes in-city chauffeur booking, which allows commuters, professionals, and families to hire verified drivers through an easy-to-use app for seamless driving experiences in their own vehicles.
Assets Overview
There are no physical assets owned by the business.Intangible assets:
- Website.
Facilities Overview
There is no physical office space as the team works entirely remotely.
Capitalization Overview
- No loans or debts.- 2 shareholders.
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