Logistic Business Investment Opportunities in Karnataka

- Company with an aggregator license valid for 5 years from Karnataka State Transport Authority which is mandatory for an online taxi service. - We provide city taxi, rental, outstation, and delivery booking through an app-based service system with nearly 35,000 users, and a driver base of almost 16,500. - We have more than 5 years of experience in offline bookings. - On a daily basis we receive 800-900 bookings. - Business is registered in Hassan but operations are established in Bangalore. - The app is available on Android and iOS. - We are 5%-10% cheaper than other players. - 12% commission is charged from the drivers. - We are seeking investment to expand the business all over Karnataka, India, and even European countries.

- A software development company that has mass application product services. We have now diversified into online cab & auto aggregator services like Ola & Uber. - Also provide enterprise software and mobile development services particularly mass application products. We recently diversified into a ride-hailing service provider in Bangalore, Karnataka with a license from the Karnataka government. - Our online cab/auto ride-hailing app launched in Bangalore as the most user-friendly option and is different from Ola and Uber. The system directly connects the passengers with nearby waiting drivers, who bid on a real-time basis (in 30 secs) and passengers have the option to choose between the lowest fare or the nearest vehicle. - Android mobile application has been developed in-house and was launched recently for passengers and drivers. - Rides in a month about 3,000-3,500 with average fare of INR 150 per ride. The service is now in Bangalore. - Planning to expand to Delhi, UP, and also tier-2 cities in Karnataka. Also, have expansion plans for other states based on funding. - At present the total passenger base is 34,000 and cabs & autos are about 4,500. - Revenue model: 15 -20 % commission from the fare amount. - Except for us, Ola, and Uber there are really no other organized active players in the country. - Considering the B2C market and volumes we see excellent growth prospects in years to come in Bangalore and other states. - In the long run, the operations can easily be scaled up to overseas markets with some improvements in the software.