Taxi Businesses for Sale and Investment Opportunities in Asia

- 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.

- 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.

- Upcoming ride-hailing platform set to be released all over India. - We will be starting operations by the start of next year. - We have two offices one in Chennai for marketing and one in Udupi out of which we will be running our operations. - Promoter is an alumnus of IIM-K with 18 years of experience actively running 2 companies and has won the award for emerging startup of 2023, India. - We have GST and startup certificate.

- An app-based cab booking and rental services platform based in Srinagar and Jammu, J & K. - Services include Taxi Services, Airport Transfers, Tour Packages, Corporate Transportation and Rental Services. - We provide Android and iOS apps that can be used to book and rent cabs. - 1.6 lakh users are registered through the app. - Have 500 cab drivers registered with us. - Get 800 - 1,000 daily bookings through our app. - Average value of each booking is INR 200. - We also generate sales through bidding, where visitors and tourists bid for cab services. About 50 visitors bid every day and the conversion rate is 20%. - The business has 5 employees, which includes the 2 directors and other staff working in operations and technical development.

- More than 50+ clients across pan India including IT/ITeS/BPO, pharma, automobile, retail, GCC, etc. - We have been awarded for best services by many IT companies and govt sectors including BEL for Aero India, BESCOM, KPTCL, and BBMP for providing makeshift ambulances during Covid, etc. - All the transport vehicles are on lease. We pay around INR 13 crores monthly to the company from whom we have leased. - We have taken measures for monitoring and tracking the vehicles. Have an application through which all the parameters are monitored. - All the drivers are licensed, trained, and experienced. - Currently, over 7,000 vehicles are on the road in service. Daily over 10,000 trips take place. - We have 35 permanent employees and 150 contract-based employees.

- 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.

- 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 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 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.

- Our company has 50 full-time/part-time women drivers registered in the service. - We have a customer base of more than 3,000 users. - Currently, we cover the capital of Sri Lanka and looking forward to expanding the service to other major cities. - We only have female drivers and our services are available for only kids and female customers. - Our revenue model is commission based. We charge the drivers a percentage of the total revenue earned by them through our company. - The business has two owners with an 80% and 20% stake in the company. - Company does not have any outstanding liabilities. - Due to the economic crisis and the pandemic the company experience a drop in the run rate sales.