Taxi Company Seeking Loan in Jaipur, India

Company planning to provide online cab booking service seeks funding to kick start operations.

Established	1-5 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	Taxi
Locations	Jaipur
Local Time	6:09 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.6 / 10

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Seeking Loan

USD 60 thousand for 11.55% annual interest, 3 years (Native Currency: INR 5,000,000)

Reason: I am seeking funds to start the business and for developing the IT infrastructure and application de... View More

Collateral Available: USD 0

Interested to connect with advisors

Name, Phone, Email

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Business Name

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User Verification

Documents

ROC-Verification.pdf (59.4 KB)

Business Overview

- Company plans to launch an online taxi booking service covering 26 districts in Rajasthan in 4 - 6 months.

- Additionally, we plan to provide ambulance booking services for emergencies.

- The districts that we plan to cover are currently not supported by Ola and Uber.

- Promoter is a retired army officer.

- Company is in contact with up to 7,000 drivers and has received confirmation from more than 5,000 drivers.

- We have 5-7 employees for customer support, and remaining employees work from home.

- Platform development and application development are being outsourced.

- Website is under development and will be available by next month.

- Revenue model: 7% (excluding 5% charged by government) on taxi charges. We do not charge for ambulance booking services.

Products & Services Overview

Online cab booking service.

Facilities Overview

Rented office 500 sq ft for INR 6,000 p / m.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Director, Civil Contracting, Jaipur, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Owner, Inverter Dealers, Jaipur, Individual Investor / Buyer connected with the Business

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Taxi Company Seeking Loan in Jaipur, India

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