Truck Rental Startup Equity Stake For Sale in Bengaluru, India

- The business will provide commercial vehicle rental services through its online platform, offering access to trucks and various transport vehicles for short-term and long-term needs. - These services will be primarily used by businesses, logistics companies, and individuals who require reliable transportation for moving goods.
- Vehicle owners, logistic companies and vendors can list their vehicles on the platform and customers will be able to book vehicles seamlessly through the platform, benefiting from an easy booking process, assured quality, and access to a wide network of rental partners. Tangible assets:
- Office equipment such as laptops and smartphones being used for remote operations.
Intangible assets:
- The platform, including the website and mobile app (under development).
- Brand name and logo.
- Customer database.
- Partnerships with vehicle rental agencies.
- Proprietary algorithms for matching customers with rental agencies.
- Business goodwill and reputation in the market. The business currently operates remotely from Bengaluru, leveraging a work-from-home model to minimize overhead costs. However, there are plans to lease a warehouse in the near future, which will serve as both a vehicle garage and an office space. This facility will streamline operations by providing on-site vehicle maintenance and a dedicated workspace for the team. The business is currently self-funded with no external investments, debts, or loans outstanding. It has 2 primary directors and three shareholders: the promoter holds 60% ownership, while the two partners hold 20% ownership each.