Vehicle Rental Startup Investment Opportunity in Gurgaon, India

Search engine for self-driven rental vehicles, offered in association with 4 large vehicle renting companies.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 6 thousand
EBITDA Margin
Operating at break even
Industries
Vehicle Rental + 1 more
Locations
Local Time
7:53 AM New Delhi
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 180 thousand for 20.0% stake (Native Currency: INR 12,500,000)
Reason: For marketing and promotion of the company and to start generating high sales to capitalize on first... View More
Includes physical assets worth USD 1.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST
Business Overview

- The platform allows users book vehicle on rent through large vehicle rental companies in India.

- Have strategic tie-ups with 4 large rental companies including MylesCar and have a total fleet size of 2,500 vehicles.

- Registered our firm in 2018 and started the operation in April 2019 and have completed 100 bookings in first 2 months.

- We work on a commission basis and charge 10-15% commission on every booking.

- Our strategic tie-ups gives us an advantage of offering customers the highest level of services at a pocket-friendly price.

- Business model has the benefit of first movers advantage.

- Founder is from business family and has worked at Dabur India, Abbott and GSK in the past.

Products & Services Overview

Search engine for self-driven rental car & tempo travellers at a pocket-friendly price.

Facilities Overview
Recent Activity
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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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