Taxi Startup Investment Opportunity in Bangalore, India
- Mobile app for booking autorickshaws in Bangalore.
- The business has been in operation for only 2 months and has been able to secure 1,800 app users.
- The business has not invested in marketing or price discounting so far.
- 40% of all planned trips are converted into rides.
- Have signed up 1,400 drivers in 2 months.
- Do not charge a commission for each trip and currently offer the app for free to the drivers.
- When the business gets more traction, we will be introducing a fixed, nominal monthly subscription fee for the drivers each month.
- We do not follow a surge pricing policy and implement a standardized fare policy equivalent to the meter charge.
- The app is currently available for the Android platform.
- We intend to launch the app for the iOS platform and begin offering taxi booking services shortly.
- The promoter has nearly 20 years of experience in the transportation industry.
- The investor will own a proportional share of the business.
Mobile app for booking autorickshaws in Bangalore.
Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with this business
Earlier than 15 daysDirector, Training And Consulting, Hyderabad, Individual Investor / Buyer connected with this business