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 | 5:21 PM 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...
View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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
-
Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector - Strategy & Operation, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
Tags:
Limo Service Startup Investment Opportunity in Chennai, India
·Limousine Startup Investment Opportunity in Chennai, India
·Taxi Startup Investment Opportunity in Chennai, India
·Limo Service Startup Investment Opportunity in Madras
·Cab Startup Investment Opportunity in Chennai, India
·Mobile App Investment Opportunity in Chennai, India
·Limousine Startup Investment Opportunity in Madras
·Phone App Investment Opportunity in Chennai, India
·Invest in Limo Service Startup in Chennai, India
·Taxi Startup Investment Opportunity in Madras
·Invest in Limousine Startup in Chennai, India
·Cab Startup Investment Opportunity in Madras
·Mobile App Investment Opportunity in Madras
·Limo Service Startup Investment Opportunity
·Phone App Investment Opportunity in Madras
·Limousine Startup Investment Opportunity
·Investment Opportunity in Chennai, India
·Invest in Taxi Startup in Chennai, India
·Invest in Limo Service Startup in Madras
·Invest in Cab Startup in Chennai, India
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 123,500+ other businesses of all sizes.
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.
You might also be interested in these businesses