Small Taxi Business Seeking Loan in Mangalore, India
EV taxi company, established contracts with 3+ companies seeks funds to procure vehicles.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | Nil |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | Nil |
| Industries | Taxi |
| Locations | Mangalore |
| Local Time | 4:09 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
22 thousand
for
11.0%
annual interest,
2
years
(Native Currency: INR 2,000,000)
Reason: We require funds to procure the vehicles. we have established contracts worth INR 10 lakhs/month wit...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
4.4 thousand
Documents
ROC-Verification.pdf
(65.4 KB)
Business Overview
- Mangalore based mobility startup with a long-term vision.
- Focus on greens and sustainable energy.
- Providing taxi, EV, and sustainable vehicles exclusively for B2B.
- Established contracts worth INR 10 lakhs/month with three companies, which will make it easier for us to fund the interest payments.
- Utilizing EV and hybrid vehicles for taxi services.
- B2B operations only, offering white-label services with chauffeurs.
- Offering both monthly and yearly usage options for clients.
- Prioritizing safety, affordability, and customer service to reach customers.
- Revenue model includes advertisement placement inside vehicles and fare charges.
- GST and incorporation processes are already in place.
- Reported revenue is missing since we just began operations.
- Focus on greens and sustainable energy.
- Providing taxi, EV, and sustainable vehicles exclusively for B2B.
- Established contracts worth INR 10 lakhs/month with three companies, which will make it easier for us to fund the interest payments.
- Utilizing EV and hybrid vehicles for taxi services.
- B2B operations only, offering white-label services with chauffeurs.
- Offering both monthly and yearly usage options for clients.
- Prioritizing safety, affordability, and customer service to reach customers.
- Revenue model includes advertisement placement inside vehicles and fare charges.
- GST and incorporation processes are already in place.
- Reported revenue is missing since we just began operations.
Products & Services Overview
Company is involved in providing taxi services with a focus on EV vehicles.Catering only to organizations and companies with long-term contracts.
Assets Overview
Assets include:Furniture and fixtures and intellectual property.
Facilities Overview
Office is located in central Mangalore.Rent per month is INR 25k.
Sq ft area of 1,000.
Capitalization Overview
2 shareholders.No loans or debts.
Self funded.
Recent Activity
-
Earlier than 15 daysSolution Architect, Computer Software, Dublin, Individual Investor / Buyer connected with the Business
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