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Taxi Businesses Seeking Loan in India

Showing 1 - 6 of 6 Taxi Businesses Seeking Loan in India. Lend to a Taxi, Cab, Limo Service or a Limousine Business.

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Taxi Company Seeking Loan in Kolkata, India

Kolkata based business provides electric vehicles to corporate companies for employee transportation.
- 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.
6.3   Kolkata
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 12 K at 8%
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Taxi Company Seeking Loan in Jaipur, India

Jaipur based electric cab service provider seeking capital to launch commercial operations.
- 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.
5.8   Jaipur
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 120 K at 15%
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Taxi Company Seeking Loan in Jaipur, India

Company planning to provide online cab booking service seeks funding to kick start operations.
- 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.
6.6   Jaipur
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 60 K at 11%
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Profitable Taxi Company Seeking Loan in Pune, India

Cab service providers for the B2B market in Pune, currently having 50 corporate clients.
- 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.
6.2   Pune
Run Rate Sales
USD 9 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 3 K at 10%
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Taxi Company Seeking Loan in Pune, India

Company is developing an app for providing taxi services needs funding to launch the app.
- 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.
6.8   Pune
Run Rate Sales
Nil
EBITDA Margin
15 %
Business Loan
USD 30 K at 20%
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Taxi Company Seeking Loan in Bangalore, India

We provide cab service to intercity public and Corporate clients, seeking loan for expansion.
- 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.
7.4   Bangalore
Run Rate Sales
USD 600 thousand
EBITDA Margin
10 %
Business Loan
USD 70 K at 19%
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  • How many taxi businesses seeking loan in India are listed on SMERGERS?
    There are 6 active and verified taxi businesses seeking loan in India listed on SMERGERS as of 28 March 2024.
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