Taxi Startup Investment Opportunity in Allahabad, India

Company aims to provide low cost mobility services in tier 2 cities through a mobile app.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Taxi + 1 more
Locations
Local Time
7:50 AM Allahabad
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 56 thousand for 15.0% stake (Native Currency: INR 4,000,000)
Reason: To kick start the business and also to hold marketing events.
Includes physical assets worth USD 5.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Newly established company planning to provide low cost mobility services in tier 2 cities.

- It will be covering commuters as well as smart phone users who may call e-rickshaws and CNG autos at their door step.

- This project also aims at saving our environment from hazardous emissions emitting from petrol and diesel vehicles.

- Currently we are working on our Android app which is in testing phase. The app will go live by June 2018.

- Company will generate revenues from the commission charged to the drivers which would be approx. 10% of their daily income.

Products & Services Overview

Booking of E- rickshaws and CNG.

Facilities Overview
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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