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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
Overall Rating
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 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.

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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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