Taxi Company Investment Opportunity in Bengaluru, India

- The business specialises in employee transportation services in Bengaluru, with a focus on reliable daily commutes for corporate clients.
- Currently, the company owns a fleet of 10 company-owned cabs, valued at approximately ₹50 lakhs, enhancing its transportation capabilities.
- The top-selling service is employee transportation cabs, providing a crucial service for businesses needing to ensure their employees can commute efficiently to work.
- The business began operations last year and has shown a steady increase in sales, indicating growing demand for its services.
- Presently, the company holds contracts with two corporations, though these contracts are set to expire in two months, creating a need for strategic business development.
- A significant opportunity lies ahead with an upcoming contract that requires an additional 50 seven-seater electric vehicles, highlighting the company’s shift towards sustainable transportation solutions.
- Each vehicle in the fleet is expected to make 5-6 trips daily, allowing for efficient utilization of resources and maximizing revenue potential.
- The investment sought will facilitate fleet expansion, helping to scale operations to meet growing market demands while improving employee transportation solutions in Bengaluru.