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Taxi Company Investment Opportunity in Bhubaneswar, India

Online car rental and cab booking service with 300 drivers on its platform.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 200 thousand
EBITDA Margin 20 %
Industries Taxi
Locations  Bhubaneswar
Local Time 10:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 40.0% stake (Native Currency: INR 10,000,000)
Reason: Seeking funds to onboard cab drivers in other cities and market our brand.
Includes physical assets worth USD 70 thousand
Documents
Business Overview

- Our company provides online car rental and cab booking services in Bhubaneshwar, Cuttack, Puri, and Khordha.

- Have tie-ups with local rental agencies and have registered 300 drivers on the platform.

- Have a playstore app with 1,000+ downloads, through which users can book their cabs.

- Revenue model - 20% on taxi charges.

- On average, we receive 5-7 bookings per cab daily.

- Business owned assets include computers, furniture, and other equipment.

Products & Services Overview

Online cab booking and car rental services through a mobile app.

Facilities Overview

Rented office of 1,200 sq ft for INR 50,000 p / m.

Capitalization Overview
Not Disclosed
Recent Activity
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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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