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Vehicle Rental Company Investment Opportunity in Sangamner, India

Two-wheeler rental business with a unique cashback business model seeks funding to launch operations.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vehicle Rental
Locations  Sangamner
Local Time 3:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.9 million for 20.0% stake (Native Currency: INR 250,000,000)
Reason: We need funds to purchase vehicles, launch operations, maintain cash flow, engage in marketing & exp... View More
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Business Name
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Business Overview
- We plan to offer two-wheeler rental services under a unique concept that will change the traditional way of purchasing a new two-wheeler on finance.
- Business model: We have tied up with few dealerships from whom we will purchase the two-wheelers. Customers will be able to rent our vehicles for a 2-5 year tenure after which, the ownership will be transferred to the customer. During the tenure, the customer will get a cashback in the form of an eCommerce voucher / coupon in return for rent paid for each month. The voucher will have a cashback rate of 10-20%.
- Have tied up with 2 eCommerce stores for providing the vouchers and coupons. The customer will have option to purchase garments, fashion wear, accessories, footwear, home decoration items, artificial jewellery, cosmetics, toys, sports equipment.
- We also plant to provide an affiliate marketing model through which customers can get a commission for every successful referral.
- This is a profitable deal for the customers and for the business and hence it is a truly win-win scenario.
- We are currently in the process of obtaining the necessary licenses from RTO.
- Promoter has 15+ years of experience in vehicle dealerships and vehicle financing industry.
- Business does not have any physical assets at the moment. Our office is registered in Ahmednagar, but our operations will be based out of Mumbai.
Products & Services Overview
New two-wheeler on 'rent & own' concept with cashback on rent & passive earning through affiliate marketing / referrals.
Assets Overview
This is an asset light model, we own only motorcycle which are to be rented.
Facilities Overview
Head Office in Sangamner and planning to expand pan India.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    Managing Partner, Maharashtra, Financial Advisor connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
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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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