Taxi Businesses Seeking Loan

- Intend to offer electric cab services across Jaipur. - Rides can be booked through our own mobile application. - We intend to offer 2-wheeler, 3-wheeler, and 4-wheeler rides. - At present, we have acquired 50 electric 2 wheelers and signed up 200+ electric 3-wheeler drivers. - The mobile application has already been built but is yet to be hosted on the Google Play Store. - Have signed a contract with a British firm to set up several charging points across the city. - Have secured all the required clearances and permissions to begin operations. - Intend to begin 2-wheeler and 3-wheeler operations in a month's time. - Within 3 months of commercial launch, we intend to offer 4-wheeler services and also set up operations in Indore and Gurgaon. - Promoter team has successfully launched and managed 2 startup businesses in the past.

- The market in Bangladesh for vehicle support is very catastrophic due to many middlemen. - Customers often have to face inflated rates. - Moreover, the driver's attitude towards customers is often very offensive. - Security is also an alarming concern because sometimes customers have to face robbery. - We have already proven our value to the customers in these issues where customers can rely on an affordable, comfortable, and secure ride along by using our services. - We have provided our services to more than 10k+ customers. - Among them, our repeat number of customers is 70%. - We have high demand in the market but a lack of logistics support. - At present we can provide 10-15 trips daily whereas we get requests for 35-40 trips. - By proper marketing & logistics we can accelerate it up to 100 trips daily. - We own 5 cars & 300 aggregate cars from different vendors. - If we can add 20-25 more cars to our service then we will be able to aggregate 1,000 cars across the country. - This is needed for our business's strategic growth and sustainability. - We charge 10% as commission from the drivers which we will be increasing after capturing a wider market. - Our application has received 25k+ downloads on the Google play store and Apple store. - The business has 400 drivers enlisted as of now out of which we have 200-250 drivers actively using our platform. - We offer very competitive prices in the market.

- We as of now have only one competitor. - We are in progress in building a technology for customers and Corporate's. - Have 80+ vehicles. - Business was in this line from 1999. - We are looking to expand in Bangalore, Mysore and Mumbai.

- Company plans to launch an online taxi booking service covering 26 districts in Rajasthan in 4 - 6 months. - Additionally, we plan to provide ambulance booking services for emergencies. - The districts that we plan to cover are currently not supported by Ola and Uber. - Promoter is a retired army officer. - Company is in contact with up to 7,000 drivers and has received confirmation from more than 5,000 drivers. - We have 5-7 employees for customer support, and remaining employees work from home. - Platform development and application development are being outsourced. - Website is under development and will be available by next month. - Revenue model: 7% (excluding 5% charged by government) on taxi charges. We do not charge for ambulance booking services.

- Company is developing an app for booking taxi including 15 more services like renting a car, inter city travel, carpool, driver on demand. - We are planning to launch the app by April, 2018. - The developers we are working with have a minimum of 5 years of experience. - We have already in talks with 500 cab owners who will soon be on-boarded. - The company will generate revenues by charging 15% commission for every ride. - We are also registered with Government Startup India.

- Our company is looking to provide eco-friendly electric cars to corporate companies for transporting employees. - Currently, we have 2 own diesel cars that we are looking to convert into electric vehicles. - Also, have a tie-up with a company who will provide us with 5 additional electric cars on lease. - We are in talks with a Japanese vehicle leasing company to provide us with clients for a commission. - Clients pay us a monthly lump-sum and we provide them with vehicles and drivers when required. - On a daily basis, we are travelling over 160 Km in total which would increase once we add more cars. - Promoter has been working in the field of passenger transportation since 2017. - Business has stopped temporarily due to the pandemic.

- A cab service business based in Pune, that started operations in 2018. - We cater only to the B2B market. - Have 50 corporate clients in Pune. - Our business owns 2 cabs. The other 15 cabs are on contract basis. - Drivers are provided along with the cabs. They are also on contract basis.