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Taxi Business Investment Opportunities in Bangalore

Showing 1 - 6 of 6 Taxi Business Investment Opportunities in Bangalore. Invest in a Taxi, Cab, Limo Service or a Limousine Business.

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Taxi Company Investment Opportunity in Bangalore, India

Business offering cab services in Bangalore and all major cities in India is seeking investment.
- We are offering corporate cab services, taxi services for airport transfers, and outstation taxi services in Bangalore, Mumbai, Chennai, and Hyderabad. - We have 3 companies as our regular customers. Our customers are Microsoft, Linkedin, and Amazon. - Currently, we have tied up with 60 vendors in different cities and do not own any vehicles. - We generate revenue by charging the customers on per trip basis. - We also started inter city cab services for individuals as well. - On average, we receive 10 to 15 bookings in total per day. - Our business started it's operations few months back in this year and we plan on developing a mobile application in the future. - Business does not have any loan and is run by 2 owners, one holds 80% stake and the other holds 20% stake in the company.
5.6   Bangalore
Run Rate Sales
USD 70 thousand
EBITDA Margin
10 %
Financial Investment
USD 12 K for 10%
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Taxi Company Investment Opportunity in Bangalore, India

Online taxi service provider, with 35,000+ users and 16,500 drivers, company seeking investment for expansion.
- 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.
Online taxi service provider, with 35,000+ users and 16,500 drivers, company seeking investment for expansion.
7.2   Bangalore
Run Rate Sales
USD 700 thousand
EBITDA Margin
10 - 20 %
Financial Investment
USD 600 K for 5%
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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.
8.9   Bangalore
Run Rate Sales
USD 70 thousand
EBITDA Margin
10 - 20 %
Financial Investment
USD 1.5 Mn for 12%
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Taxi Business Investment Opportunity in Bangalore, India

Bangalore-based firm with an auto booking mobile app seeks funds to jump start the business.
- Non-operational business with a mobile app for booking autos in Bangalore. - The business was operational for a few months and was able to secure 1,800 app users pre-Covid. - The business has not invested in marketing or price discounting so far. - Had signed up 1,400 drivers in 2 months. - We did not charge a commission for each trip and offered the app for free to the drivers. - The business along with its mobile applications was closed due to Covid. We have still not resumed operations. - When the business gets more traction, we will introduce a fixed, nominal monthly subscription fee for the driver. - We do not have a surge pricing policy and implement a standardized fare policy equivalent to the meter charge. - The app was available on Android. The app and website code are still owned by us and can be activated again. - No loans in the name of the business. - Three partners with equal business ownership. - The promoter has nearly 20 years of experience in the transportation industry.
6.6   Bangalore
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 24 K for 30%
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Taxi Company Investment Opportunity in Bangalore, India

We provide affordable B2B SaaS platform for taxi industry.
- We are a early stage startup which is incorporated in April 2016. - This venture is started by 4 individuals with each of having 12-15 yrs of experience in product development MNCs like Motorola, Ericsson, ST-Ericsson, Huwai, Cisco, EMC, Agilent. - Currently we have 2 customer.
6.8   Bangalore
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 90 K for 10%
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%
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    There are 6 active and verified taxi business investment opportunities in Bangalore listed on SMERGERS as of 07 June 2023.
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