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Taxi Company Investment Opportunity in Hyderabad, India

A self service online platform for hiring taxis having 35K+ users, seeking funds for expansion.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 700
Run Rate Sales USD 4.3 thousand
EBITDA Margin 8 %
Industries Taxi + 1 more
Locations  Hyderabad
Local Time 2:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 5.0% stake (Native Currency: INR 5,000,000)
Reason: For expanding to metropolitan cities and on-boarding more taxi drivers. Raising capital at current v... View More
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
Documents
Business Overview

- A Self Service Online platform for hiring taxi / mini bus.

- We are a self service online platform connecting B2B and B2C customers with taxi drivers and mini-bus operators.

- There are 1,000 taxi drivers registered with us, out of which 300 are active and are on the yearly subscription plan.

- We also have 20 mini-bus operators registered with us that have 12-50 seater buses listed on our platform.

- The yearly subscription plan is for drivers to be listed on our platform for 1 year.

- Drivers once listed, can update information about their vehicle model and the pricing they follow. We do not set a fixed pricing rate.

- The drivers setup an hourly or package rates.

- Inter-city travel is also available on the app.

- The application generates leads for the taxi drivers. We do not track whether the leads have been converted to actual bookings. We track how many taxi driver leads are generated per customers travel request.

- We have 25,000+ customers using our application.

- Since operations started, we have generated INR 90 lakh worth of leads.

- Our source of revenue is from the yearly subscription for drivers to be listed on the platform. We charge between INR 1.2k-3k per year per driver.

- Currently operating in Hyderabad, Visakhapatnam, Vijayawada, Bengaluru, Bhubaneswar, Pune, Mumbai, Delhi & Goa.

Products & Services Overview

B2B and B2C self service taxi hiring application, inter-city and intra-city travel.

Assets Overview

Laptops, mobiles, air conditioners, furniture, and online platform.

Facilities Overview

Have a rented office space having an area of 1,400 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
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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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