Taxi Startup Investment Opportunity in Chennai, India
Upcoming ride-hailing app, targeting rapid expansion by launching in 100 cities.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Taxi + 1 more |
| Locations | Chennai |
| Local Time | 4:45 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
116 thousand
for
10.0%
stake
(Native Currency: INR 10,000,000)
Reason: For marketing and hiring employees across 100 cities at a go. Our valuations are based on our revenu...
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Business Overview
- Upcoming ride-hailing platform set to be released all over India.
- We will be starting operations by the start of next year.
- We have two offices one in Chennai for marketing and one in Udupi out of which we will be running our operations.
- Promoter is an alumnus of IIM-K with 18 years of experience actively running 2 companies and has won the award for emerging startup of 2023, India.
- We have GST and startup certificate.
- We will be starting operations by the start of next year.
- We have two offices one in Chennai for marketing and one in Udupi out of which we will be running our operations.
- Promoter is an alumnus of IIM-K with 18 years of experience actively running 2 companies and has won the award for emerging startup of 2023, India.
- We have GST and startup certificate.
Products & Services Overview
We will be providing commuting services through our apps.
Assets Overview
Intangible assets include software with source codes.
Facilities Overview
We currently have two offices under construction in Udupi and in Chennai.
Capitalization Overview
No debts, the promoter has invested their own money in developing the application. Around 50 lakhs have been invested in app development.
Recent Activity
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Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector - Strategy & Operation, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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