Vehicle Rental Company Investment Opportunity in Bangalore, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 200 thousand |
Run Rate Sales | USD 260 thousand |
EBITDA Margin | 18 % |
Industries | Vehicle Rental |
Locations | Bangalore |
Local Time | 10:34 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We are a car on demand service for the self drive car space that is based in Bangalore and Mysore.
- Two founders have vast corporate experience in different sectors of more than 35 combined years.
- Currently we are operating in Bangalore and Mysore and we are looking to expand in the near future.
- Self drive services offered are daily car rental, long term rental, car leasing and cars on subscription.
- We have a total customer base of more than 18,000 users.
- Have a fleet of 55 cars that are owned by us.
- Currently adding about 40 new users per day and do around 400 rides per month.
- We have a sophisticated online portal and an Android mobile app with over 5,000 downloads.
- We have MoUs with other growing companies in similar sector like Taxshe, Jiffy cars, Zaggle.
Daily car rental, long term rental, car leasing, cars on subscription.
Bengaluru Facility: HQ - 10,000 Sq Ft total, 2,000 Sq ft built up area, Rented.
Mysore Facility: 20,000 Sq ft, 3,500 Sq Ft built up, Rented.
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysPartner, Manufacturing, Bangalore, Individual Investor / Buyer connected with the Business