Taxi Company Investment Opportunity in Bangalore, India

- Company dealing in providing cheap and quick mobility services.

- The business has consistently grown month on month.

- The user can access the services using the mobile app, add their destination and use opt verification to activate the ride. As it is a shared service, vehicles will pick up other riders on the way and finally reach their destination.

- From its inception, the company has served over 1,00,000 customers.

- Successfully saved 60,000 kgs of CO2 emissions using an electric-only fleet.

- Set a new industry benchmark of an average wait time of 2:01 minutes and an average tariff of Rs. 15 which are the 2 most critical needs of our target customers.

- The company has a commission-based revenue model and charges a percentage of fare on each ride. They also generate revenue using local advertisements.

The company deals in providing reasonable and quick mobility services. We offer services such as -

- Electric vehicles.

- Shared rides.

- Cashless payments & subscriptions.

- Short rides.

- Quick service.

Physical assets include electric vehicles, laptops, and printers.

The company is an asset-light company with hardly any investments in capital assets.

Currently operating from home because of covid situation.