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Taxi Company Seeking Loan in Dhaka, Bangladesh

Unique carpool platform has just started is looking funds to market and expand.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Taxi + 1 more
Locations  Dhaka
Local Time 12:52 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 41 thousand for 10.0% annual interest, 1 year (Native Currency: BDT 5,000,000)
Reason: Require funds to start the marketing process.
Collateral Available: USD 41 thousand
Includes physical assets worth USD 8.2 thousand
Name, Phone, Email
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Business Name
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User Verification
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TIN
Business Overview
- We are an online carpool / ride share (with no commission from drivers / 100% earning goes to a driver from a specific ride) service that operates through a mobile app, double revenue income (Estimated) comparing current market competitor. The app has already been developed and we are looking to start operations before the end of the year.
- We would not charge the driver partners any commission.
- The app has already been developed and we are looking to start operations before the end of the year.
- Currently have 50 registered users on our app out of which most are driver partners.
- We are looking to focus on providing this service in Dhaka only initially and then expand to 64 other districts.
- Focusing on driving revenue through advertisements.
- Promoter is a software engineer with over 12 years of experience.
- Company's physical assets are apps, laptops and furniture.
Products & Services Overview
Mobile application to provides carpool service in Bangladesh.
Facilities Overview
Rented 1,200 Sq Ft office in Dhaka.
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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