Taxi Company Seeking Loan in Dhaka, Bangladesh

- The market in Bangladesh for vehicle support is very catastrophic due to many middlemen.
- Customers often have to face inflated rates.
- Moreover, the driver's attitude towards customers is often very offensive.
- Security is also an alarming concern because sometimes customers have to face robbery.
- We have already proven our value to the customers in these issues where customers can rely on an affordable, comfortable, and secure ride along by using our services.
- We have provided our services to more than 10k+ customers.
- Among them, our repeat number of customers is 70%.
- We have high demand in the market but a lack of logistics support.
- At present we can provide 10-15 trips daily whereas we get requests for 35-40 trips.
- By proper marketing & logistics we can accelerate it up to 100 trips daily.
- We own 5 cars & 300 aggregate cars from different vendors.
- If we can add 20-25 more cars to our service then we will be able to aggregate 1,000 cars across the country.
- This is needed for our business's strategic growth and sustainability.
- We charge 10% as commission from the drivers which we will be increasing after capturing a wider market.
- Our application has received 25k+ downloads on the Google play store and Apple store.
- The business has 400 drivers enlisted as of now out of which we have 200-250 drivers actively using our platform.
- We offer very competitive prices in the market.