Vehicle Rental Company Investment Opportunity in Mumbai, India
Providing car rental services to corporate clients, seeking funds to promote our app and website.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 35 thousand |
| Run Rate Sales | USD 35 thousand |
| EBITDA Margin | 20 % |
| Industries | Vehicle Rental + 1 more |
| Locations | Mumbai |
| Local Time | 1:17 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
11.6 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
1.74 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
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.
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.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysOwner, Cleaning Products Manufacturer, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Airport Services & Ground Handling, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
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