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Taxi Company Investment Opportunity in Allahabad, India

Company aims to provide low cost mobility services in tier 2 cities through a mobile app.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Taxi + 1 more
Locations  Allahabad
Local Time 9:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 53 thousand for 15.0% stake (Native Currency: INR 4,000,000)
Reason: To kick start the business and also to hold marketing events.
Includes physical assets worth USD 5.3 thousand
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Business Overview

- Newly established company planning to provide low cost mobility services in tier 2 cities.

- It will be covering commuters as well as smart phone users who may call e-rickshaws and CNG autos at their door step.

- This project also aims at saving our environment from hazardous emissions emitting from petrol and diesel vehicles.

- Currently we are working on our Android app which is in testing phase. The app will go live by June 2018.

- Company will generate revenues from the commission charged to the drivers which would be approx. 10% of their daily income.

Products & Services Overview

Booking of E- rickshaws and CNG.

Facilities Overview

Office of 420 Sq Ft on rent.

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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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