Taxi Business Investment Opportunities in Maharashtra

- 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.

- We are a cab booking platform that currently operates in Pune but can be expanded worldwide. - Have been in operation for 2 months and have registered 330 cabs and 300 users. - Currently we are in the trial phase and are not charging commissions to drivers. In the future we would be charging registration fees and commission to generate revenue. - The platform allows booking through a mobile application developed for Android. We would be starting development of an iOS app going forward. - On a 10 day basis we receive around 50 bookings and are looking to expand to receive 1,000 bookings daily. - Promoter has over 10 years of experience working in the field of IT.

- We are a taxi company that is based in Mumbai having all required government approval. - Have over 2,000 drivers that work with us to provide transportation services. - All cars are on attachment basis and the company does not own the cars. - Per ride drivers are charged a 10% commission. - At present we do not do any marketing and only receive bookings through Justdial. We get around 40 daily bookings. - Promoter has been working in the field of transportation since 2015.