Vehicle Rental Company Investment Opportunity in Mumbai, India

Providing car rental services to corporate clients, seeking funds to promote our app and website.

Established	1-5 year(s)
Employees	2 - 5
Legal Entity	Private Limited Company
Reported Sales	USD 40 thousand
Run Rate Sales	USD 40 thousand
EBITDA Margin	20 %
Industries	Vehicle Rental + 1 more
Locations	Mumbai
Local Time	11:55 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

7.0 / 10

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Seeking Investment

USD 13 thousand for 20.0% stake (Native Currency: INR 1,000,000)

Reason: - Marketing & promotion of our website and app. - Advance payment to car drivers for diesel & other... View More

Includes physical assets worth USD 2 thousand

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Business Name

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Documents

ROC-Verification.pdf (59.8 KB)

Business Overview

Company provides car rental services to corporate clients and is currently serving 6 corporates in Mumbai including Saint-Gobain. We work on a contract basis with these corporates and have a minimum contract term of 1 year. We do not own any car, rather we have network of driver owned cars to provide the services. Within our network we have more than 150 such drivers in Mumbai We have currently placed 10-15 cars to serve our corporate clients.

The company has a website as well as an Android app, however, we haven't yet launched ourselves as online platform. Since inception we have been operating as an offline business. Seeking funds to promote our brand as an online cab rental firm for corporates.

Founder of the company has 5 years of experience in car rental industry. Business owned assets include a few laptops, furniture and printer.

Products & Services Overview

Corporate car rental services.

Facilities Overview

Office is on a 300 sq ft area taken on rent.

Recent Activity

Earlier than 15 days
Order Management Specialist, Cleaning Equipment And Technology, Dubai, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Owner, Diagnostic Centre, Pune, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Sales Director, Infrastructural Design, Tokyo, Corporate Investor / Buyer connected with the Business

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Vehicle Rental Company Investment Opportunity in Mumbai, India

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