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Taxi Company Investment Opportunity in Kuala Lumpur, Malaysia

Company providing ride-booking services through own digital platform having good traction seeks investment.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 1 million
EBITDA Margin 8 %
Industries Taxi + 1 more
Locations  Kuala Lumpur
Local Time 4:12 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 170 thousand for 25.0% stake (Native Currency: MYR 800,000)
Reason: To launch our services in Singapore and for further marketing and R&D activities.
Includes physical assets worth USD 4 thousand
Interested to connect with advisors
Documents
Business Overview

- We are a newly established company offering ride booking services via our mobile app.

- Currently offering our services in Malaysia and planning to expand to other South East Asian countries.

- Our platform has a good number of users.

- We have launched a mobile app on both Android and iOS.

- App has more than 11K downloads.

- Founders have successfully sold their previous startups in other industries and have good experience working in MNCs.

Products & Services Overview

Ride-hailing platform for the market in Malaysia. Launching urban services in phase 2.

Facilities Overview

Working from a co-working space in Kuala Lumpur.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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