Taxi Company Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 70 - 80 thousand |
Run Rate Sales | USD 700 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Taxi + 1 more |
Locations | Bangalore |
Local Time | 3:23 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Company with an aggregator license valid for 5 years from Karnataka State Transport Authority which is mandatory for an online taxi service.
- We provide city taxi, rental, outstation, and delivery booking through an app-based service system with nearly 35,000 users, and a driver base of almost 16,500.
- We have more than 5 years of experience in offline bookings.
- On a daily basis we receive 800-900 bookings.
- Business is registered in Hassan but operations are established in Bangalore.
- The app is available on Android and iOS.
- We are 5%-10% cheaper than other players.
- 12% commission is charged from the drivers.
- We are seeking investment to expand the business all over Karnataka, India, and even European countries.
We are an online taxi booking app providing services like city taxi, rental, outstation booking, corporate booking, and instant delivery of groceries in one click through one platform.
Physical assets include office assets, furniture, laptops, and IT equipment.
Intangible assets include software, license, & employees.
We have a rented office with a 1,000 sqft area, that has workstations and a control room.
Till now it's bootstrapped, with zero debt/loan outstanding, and no external investment.
The company has two shareholders in a 60:40 shareholding split.
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1 week, 2 days agoFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Healthcare, Delhi, Corporate Investor / Buyer connected with the Business