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Taxi Business Investment Opportunities

Showing 1 - 14 of 14 Taxi Business Investment Opportunities. Invest in a Taxi, Cab, Limo Service or a Limousine Business.

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Mid-market Taxi Business Investment Opportunity in Cyprus

Marketplace for arranging transfers and chauffered per hour cars.
7m customers, 1,000+ airports, 110k cars online, 1.5m transfers, 0.1m taxi rides (service started in 2022), 180+ countries, 21 languages, and 24/7 customer support.
7.5   Cyprus
Run Rate Sales
USD 7.6 million
EBITDA Margin
Undisclosed
Financial Investment
USD 10 Mn
Contact Business

Taxi Company Investment Opportunity in Washington, United States

Customer-focused transportation and logistics company poised for significant growth and diversification.
1. Diverse client base: The company serves a diverse client base, ranging from older adults and individuals with special needs to high-net-worth individuals and executives. This is reflective of its adaptability and commitment to providing top-notch service to a wide range of clientele. 2. Growth rate: The business has shown consistent growth in its operations since its inception. With the proposed expansion into black car services and logistics, the company aims to multiply its revenue streams, projecting substantial growth in the next few years. 3. Experienced leadership: Led by the CEO, the company has a strong leadership team that brings a wealth of experience in the transportation sector. This gives the company a strategic advantage in the market. 4. Robust business relationships: Over the years, the company has developed strong relationships with various stakeholders in the transportation industry, including healthcare institutions, hospitality industry players, and individual customers. These relationships are instrumental in the company's ability to provide comprehensive transport solutions. 5. Awards and recognition: The business has received several recognitions for its exceptional service, dedication to customer satisfaction, and commitment to providing reliable and safe transport solutions. This recognition serves as a testament to the company's high standard of service. 6. Operational excellence: The company prides itself on its efficient operations, with 13 dedicated employees managing a fleet of sedans, SUVs, and wheelchair-accessible and stretcher vans. 7. Community engagement: The business has a strong focus on community involvement, regularly engaging in community-oriented activities and demonstrating a commitment to the areas it serves.
8.2   Washington
Run Rate Sales
USD 2.1 million
EBITDA Margin
15 %
Financial Investment
USD 10 Mn for 30%
Contact Business

Taxi Company Investment Opportunity in Sydney, Australia

AI ride-sharing marketplace where riders get cheapest auctioned rides in 1-2 seconds.
- AI Product, Matured in 3+ years. - Got selected in Top 10 in Unicorn Battles and also got selected in Top Innovative companies in Startup Grind. • Massive Ridesharing and Taxi market. • Expensive Fares. • Growing Demand. • Surge Fare Exploitation. • Longer Driver Working Hours (12 hrs) • Too High Uber Driver Fee (27.5%) • Oversupply of Drivers (60,000+ active Only in Sydney and growing) - Have created an opportunity for disruptive innovation to capture the established ridesharing and taxi market. - We charge 5-10% commission from drivers, resulting in cheaper fares. - Drivers being online on different apps also creates a fake shortage of drivers on some app platforms which in turn then hikes up the fare by up to 3 times more than rideshare and even taxi fares costing consumers more money. - Destination, Km, and Time are very critical in the ridesharing/taxi industry, to find good longer fares drivers even travel vacant to high-demand areas to hunt and lock good trips. - Shorter, stuck in high traffic, and the trip towards low-demand areas ruins the driver's whole day. - We have developed an innovative AI ridesharing marketplace where riders get the cheapest auctioned fares within 1-2 seconds. - The marketplace provides power to riders and drivers where riders choose the price and car from several options, rider may choose to pay more for a better car or closer driver, or less for other options. - Drivers also have the power to accept or reject as the destination and price is shown upfront hence not enforcing trips resulting in lesser cancellations and higher acceptance rates. - Our product is highly intelligent where the system places auto or augmented intelligent bids based on the driver’s eta to the rider, his car, and drivers preferences and also makes sure 24/7 as a B2C to beat all market prices to give riders discounts. - Our aim is to create the ridesharing marketplace with a B2C model in the beginning and truly make it a marketplace in a short time with a little B2C assistance. The service and marketplace together will change the trends as riders will continuously get the cheapest auctioned rides. Our application empowers. 1. Passengers choose auctioned fares from a variety of nearby drivers based on their ETA, car, and ratings. 2. driver to choose medium to longer prime trips on better-agreed fares to save time and earn more. The auction factor gives great control to passengers to negotiate good deals and choose better cars. Drivers also get the control to choose their favorite trips and make more money. In addition to ridesharing, our product also provides and promotes taxis in order to provide a fair chance to all drivers in the marketplace. - We operate on lower (performance-based) commissions reducing the fares by 25%+, without even running ongoing investor promotions. - The owner has 18+ years of experience in software architecture, engineering, and security. - 2+ Years of experience as a rideshare driver to build and grow the mature product, customer, and driver base. To understand consumer and driver behavior, market segmentation, and to master the ridesharing science. - The company is a sole proprietorship and has no debts or liabilities.
8.3   Sydney
Run Rate Sales
Undisclosed
EBITDA Margin
Undisclosed
Financial Investment
USD 6.4 Mn for 20%
Contact Business

Taxi Business Investment Opportunity in Bujumbura, Burundi

Mobility company leveraging European tech expertise to provide car-sharing solutions for urban and intercity travel.
- Over 5,000 downloads of application on Android Play Store. - More than 100 trips have already been made through the application across Bujumbura and other cities of Burundi. Business Model: - Current - Booking fees for intercity travel services (20% of the trip cost) Future plans: - Introduce a subscription model. - Potential revenue streams from travel agency partnerships (10% of trips booked through the app) - In-app ads. - Partner with automotive companies and insurance providers. - The business has an experienced and active technical team of 6, which includes - 3 software engineers, 2 marketing experts and one communication expert. 4 are in France, 2 are in Burundi. The promoter is also based in France currently. - The directors are working for reputable big IT companies, bringing expertise in developing robust, scalable solutions and the local team has experience in the mobility/transportation sector. - Have successfully launched this urban car-sharing in Burundi with 10 users per day acquisition on the app. - Currently are in haste with funding raised for entering new markets across East Africa such as Rwanda, Kenya, Uganda Tanzania with a plan to be fully available in those countries at the end of next year.
Mobility company leveraging European tech expertise to provide car-sharing solutions for urban and intercity travel.
8.3   Bujumbura
Run Rate Sales
USD 20 thousand
EBITDA Margin
15 %
Financial Investment
USD 75 K for 35%
Contact Business

Personal Driver Startup Investment Opportunity in Athens, Greece

App for on demand professional drivers who serve as personal driver or transfer a vehicle.
- A new working on-demand driver app built for Android and iOS platforms. The apps are already launched and require funding for marketing and sales. - Currently, we are in the pre-revenue phase. - Have a network of professional drivers so customers can hire a personal driver or request to transfer customer's car to another location (for cleaning, maintenance, etc) - Revenue model: Will charge fees from the customers based on service. Will pay the drivers, keeping a flat fee of 15% - Searching for an investor or cofounder to expand to the Greek market and bring customers to the business.
6.8   Athens
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 85 K for 80%
Contact Business

Taxi Company Investment Opportunity in Toronto, Canada

Sustainable rideshare company operating in Toronto with over 2,500 users and 100+ drivers seeks investment.
• Ride-hailing company based in Toronto and has been operational for over 2 years. • Customer acquisition cost over 5X less than competitors such as Uber and Lyft. • Repeat customer rate is over 75%. • Overwhelming organic driver acquisition with a waitlist of over 300 drivers. • In only 8 weeks, we managed to capture 0.3% of the Toronto market. - Key differentiators include: • All our vehicles are hybrid or fully electric. • Our driver commission is about half the competitions. • We’re 10-15% cheaper. Our rates don’t surge. • We focus on full-time drivers with at least 1-year experience. We inspect and road-test drivers in-person to ensure quality. • Mobile app is live on Google Play Store and Apple Store. App has over 500 downloads and 4.5+ start ratings on Play Store. • App, software and payment processing technology are developed in-house. • We charge a percentage fee from drivers and a flat rate from riders to generate revenue. - Our team is exceptional, and has a proven track record of success: • CEO: - Former head of operations and marketing at a startup that was funded by the popular VC television show. - Former physician, surgeon, and award-winning clinical researcher at the University of Geneva Hospitals in Switzerland. • CTO: - Co-founder of a company that has a market cap >$1 billion USD. - Former CTO of one of the largest E-commerce marketplaces in Canada which was successfully acquired; former senior software engineer at a company valued at > $500 million. • CMO: - Worked with high profile clients such as Tylenol, Gerber, Renault, Fiat, Nestle, Nescafé, UNICEF, MasterCard, Jeep. - Former executive at a private corporate agency of the Ontario Ministry of Transport.
Sustainable rideshare company operating in Toronto with over 2,500 users and 100+ drivers seeks investment.
8.3   Toronto
Run Rate Sales
USD 17 thousand
EBITDA Margin
18 %
Financial Investment
USD 1.5 Mn for 20%
Contact Business

Taxi Company Investment Opportunity in Bangalore, India

Online cab & auto aggregator like Ola & Uber with 34,000 active customer base.
- 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.
Online cab & auto aggregator like Ola & Uber with 34,000 active customer base.
8   Bangalore
Run Rate Sales
USD 70 thousand
EBITDA Margin
10 - 20 %
Financial Investment
USD 1.4 Mn for 12%
Contact Business

Taxi Company Investment Opportunity in Nashik, India

IT Startup seeking seed investment for taxi aggregator application product that is in patent-pending status.
- We are an IT start-up with a functional proof-of-concept for a mobile application. - We intend to develop a mobile application that will be like a search engine platform for service providers and customers. - The service providers will be taxi drivers, cab drivers, and rickshaw drivers. As of now we have done a market survey of 10,000 potential drivers and have received a positive response. - Business will be different from its competitors like Uber and Ola as we will offer the service providers to charge a rate based on the services they perform rather than fixing a rate and the customers will have a choice to choose a driver. - We will generate revenue from a monthly subscription model for the drivers and will charge a basic per kms fee from the customer. - Business does not have any loan and is has 4 shareholders out of which 2 are directors of the company. The shareholding pattern is 10:10:40:40. - The work on the application is yet not started but we intend to have an in-house team for the development and maintenance.
8   Nashik
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 5.4 Mn for 25%
Contact Business

Taxi Company Investment Opportunity in Bangalore, India

Technology-based driver service in Bangalore, India with 95% offline services and potential to expand nationwide.
- The company is a technology-based business located in Bangalore, India. - It has both offline and online services, with 95% of its services being offline, and plans to start online services within 6 months. - It has generated good revenue, though the margins are low, and we are looking to expand nationwide with the help of investments. - We are also in talks of a merger with a famous transport company from Bangalore. - We have a tech team of 10 that is working on the website and app.
6.3   Bangalore
Run Rate Sales
USD 43 thousand
EBITDA Margin
15 %
Financial Investment
USD 120 K for 20%
Contact Business

Taxi Company Investment Opportunity in Hyderabad, India

Online cab booking application having 3,800 drivers and 6,800 downloads within short time seeks investment.
- We are an online cab booking platform with own application and website running operations in Hyderabad looking forward to create a revolution in the cab industry. - Our business model is unique and stands out from competitors as we are a driver centric business focused on increasing the number of drivers associated with the brand and overall sales for the company. - The USP of our business is that we charge the same pricing throughout the year irrespective of climatic change. The surge fee is charged by all our competitors and will give us a competitive edge in taking off this fee. - We do not charge any commission on drivers' per ride. Our revenue model is based on subscriptions coming from the cab drivers. This subscription amount is very less compared to the commission charged by our competitors. - Started operations last year but could not generate much revenue due to lockdown. We have good growth rate in terms of rides per day. Completing more than 100 rides per day at the moment with more than 3,800 drivers. - We are giving credits to drivers at the moment to start generating leads and acquiring a market share. This is why our profit margin is nil for now. - Adopting predatory marketing strategies to acquire and retain a large customer base.
Online cab booking application having 3,800 drivers and 6,800 downloads within short time seeks investment.
7.1   Hyderabad
Run Rate Sales
USD 110 thousand
EBITDA Margin
Nil
Financial Investment
USD 600 K for 20%
Contact Business

Taxi Startup Investment Opportunity in Calangute, India

Ride hailing app with registrations in place and app under construction seeks invetsment.
- The company offers a comprehensive feature set aimed at enhancing the experience for both drivers and passengers. - For users, the app provides a transparent bidding system, allowing them to set their budget and select drivers with the most competitive bids. - Real-time tracking feature enables users to track their driver's location on a map, ensuring a stress-free waiting experience. - Secure payments are facilitated through cashless options within the app, ensuring convenience and safety for users. (Note: Currently cashless only) - Users can make informed decisions with access to driver reviews & ratings, helping them choose drivers based on previous user experiences. - Multilingual support is available, with the app interface and user support provided in English and Konkani, with plans for further language expansion. - For drivers, the app offers competitive bidding, allowing them to earn based on offering attractive fares to passengers. - Flexible work schedule enables drivers to manage their availability according to their lifestyle, optimizing their earning potential. - Direct customer connections enable drivers to interact directly with passengers, providing a personalized experience and better understanding their needs. - Full fare collection allows drivers to keep a larger share of their earnings by collecting the entire fare directly from customers. - Multiple ride options cater to diverse user needs, including daily rides, scheduled rides, outstation rides, and full-day bookings. - The promoters of the company bring six years of experience to the business. - The company is registered and has applied for a startup certificate. - The revenue model involves commissions on each ride, ensuring sustainability and growth for the business.
8.1   Calangute
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 12 K for 10%
Contact Business

Taxi Company Investment Opportunity in Kathmandu, Nepal

Ride-sharing app with 100k+ downloads and a 5 million+ client base seeks funds for expansion.
- Multiple offerings: The company provides diverse products and services, encompassing ride-sharing (bike & car), food delivery, logistics, online bus booking, local services booking (electrician, plumber, home repair, movers & packers, and more), car rental service, and software & technology development ventures. - Extensive customer base: With 5 million clients, the company has established a significant presence in the market. - Revenue streams: The business employs a robust revenue model, incorporating ride-sharing rider activation charges, customer service charges, and service fees for parcel, food, and various other services. - Online presence: Operates primarily through online platforms, facilitating easy access to its services. - Global reach: The company engages in outsourcing worldwide, expanding its footprint beyond local boundaries. - App popularity: The ride-sharing app has garnered 100k on Google play downloads, reflecting its popularity among users. - Seasoned leadership: The promoters bring years of valuable experience to the table, contributing to the company's success. - Core focus: The primary vertical of the company is its ride-sharing app, emphasizing its commitment to this core aspect of the business. - Current employee count necessary to manage demand. - We have a valid business license.
6.9   Kathmandu
Run Rate Sales
USD 45 thousand
EBITDA Margin
0 - 10 %
Financial Investment
USD 150 K for 15%
Contact Business

Taxi Company Investment Opportunity in Guwahati, India

Online marketplace for cab service receiving 1 lakh bookings monthly need investors.
- We started our business 2 years ago. - Have already covered 50 percent of the Guwahati cab market. - More than 6,000 drivers are attached to our platform. - We receive around 1 lakh bookings monthly. - Charge a commission of 15% on bookings.
Online marketplace for cab service receiving 1 lakh bookings monthly need investors.
7.1   Guwahati
Run Rate Sales
USD 1.3 million
EBITDA Margin
15 %
Financial Investment
USD 240 K for 30%
Contact Business

Taxi Business Investment Opportunity in Bangalore, India

Drivers on Demand Company committed to deliver driver across city on taps in few min.
Hire4drive – The Technology company to provide On Demand Drivers. -Most convenient, reliable & fastest way to get on-call drivers for private as well as personal requirements. -Founded on April, 2014 in Bangalore. -We have huge no of Professional drivers which are trained to achieve utmost customer satisfaction. Providing our services to Personal car owners or Corporate. -Provide Service Anywhere, Anytime in Just 30 Min pan Bangalore. -Currently Serving Bangalore. 34,000 Customers and growing & 300 + Drivers. Generated nearly 100K USD Revenue with a gross profit of 25 (year ending March 2015) Looking to Expand PAN India in 2 years. We are trying to organize this sector with the Technology and effective customer friendly service. Currently on average of 2100 bookings per month is delivered to users in Bangalore where the market potential is above 50,000 bookings per day PAN india.
Drivers on Demand Company committed to deliver driver across city on taps in few min.
5.9   Bangalore
Run Rate Sales
USD 12 thousand
EBITDA Margin
20 %
Financial Investment
USD 60 K for 20%
Contact Business

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    There are 14 active and verified taxi business investment opportunities listed on SMERGERS as of 25 April 2024.
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