Taxi Company Investment Opportunity in Bangalore, India
Online taxi service provider, with 35,000+ users and 16,500 drivers, company seeking investment for expansion.
Premium Plan
| 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 | 9:28 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
580 thousand
for
5.0%
stake
(Native Currency: INR 50,000,000)
Reason: Funds are needed to promote our business and to expand it all over India and Europe. We want to incr...
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Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Incorporation Certificate
(524.9 KB)
GST Certificate
(197.9 KB)
MOA
(504.8 KB)
Karnataka Aggregator License
(243.5 KB)
ROC-Verification.pdf
(74.0 KB)
Business Overview
- 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 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.
Products & Services Overview
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.
Assets Overview
Physical assets include office assets, furniture, laptops, and IT equipment.Intangible assets include software, license, & employees.
Facilities Overview
We have a rented office with a 1,000 sqft area, that has workstations and a control room.
Capitalization Overview
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.
Recent Activity
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Earlier than 15 daysPartner, Mumbai, M&A Advisor connected with the Business
-
Earlier than 15 daysConsultant, Bangalore, Business Broker connected with the Business
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Earlier than 15 daysDirector, Bangalore, Financial Advisor connected with the Business
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