Vehicle Rental Company Seeking Loan in Gurgaon, India
Provide cars on rent to corporate clients, seeking funds to enter ride hailing services.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 139 thousand |
| Run Rate Sales | USD 152 thousand |
| EBITDA Margin | 20 % |
| Industries | Vehicle Rental + 1 more |
| Locations | Gurgaon |
| Local Time | 11:54 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
29 thousand
for
11.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: To promote our newly developed mobile app.
Collateral Available: USD 0
Includes physical assets worth
USD
115 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(213.7 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
Company provides cars on rent along with a driver to corporate clients in Gurgaon. We work on yearly contract basis and have 8 corporate clients. Our cars are 5 seater & 7 seater and in total we currently own 21 cars. Each car is less than 2 years old.
Since the company has strong presence in the B2B segment, we now plan to enter into B2C segment like Ola and Uber. We have already developed the Android app & a website and are looking to raise funds to promote our app. In the B2C segment, we will not use our cars but on-board partner drivers.
Founder of the business has 15+ years of industry experience. Business owned assets include 21 cars and office equipment. We have a total of 30 permanent employees of which 25 employees are drivers and rest 5 employees are admin staff.
Since the company has strong presence in the B2B segment, we now plan to enter into B2C segment like Ola and Uber. We have already developed the Android app & a website and are looking to raise funds to promote our app. In the B2C segment, we will not use our cars but on-board partner drivers.
Founder of the business has 15+ years of industry experience. Business owned assets include 21 cars and office equipment. We have a total of 30 permanent employees of which 25 employees are drivers and rest 5 employees are admin staff.
Products & Services Overview
Provide cars on rent to corporate clients.
Facilities Overview
The below facilities are on rent:- The corporate office is of 800 sq ft.
- Have a car parking space of 6,000 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Solutions And Services, Gurgaon, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Construction, Mohindergarh, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Transportation, Gurgaon, Corporate Investor / Buyer connected with the Business
Tags:
Vehicle Rental Company Seeking Loan in Gurgaon, India
·Bike Rental Company Seeking Loan in Gurgaon, India
·Car Rental Company Seeking Loan in Gurgaon, India
·Lend to Vehicle Rental Company in Gurgaon, India
·Lend to Bike Rental Company in Gurgaon, India
·Lend to Car Rental Company in Gurgaon, India
·Mobile App Seeking Loan in Gurgaon, India
·Phone App Seeking Loan in Gurgaon, India
·Lend to Mobile App in Gurgaon, India
·Vehicle Rental Company Seeking Loan
·Lend to Phone App in Gurgaon, India
·Bike Rental Company Seeking Loan
·Car Rental Company Seeking Loan
·Lend to Vehicle Rental Company
·Lend to Bike Rental Company
·Lend to Car Rental Company
·Mobile App Seeking Loan
·Phone App Seeking Loan
·Lend to Mobile App
·Lend to Phone App
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