Taxi Businesses for Sale and Investment Opportunities in India

- 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.

- 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.

- 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.

- Online cab booking service with mobile application company for online cab booking services. - We are currently providing services only in Indore and Bhopal. - The company started recently and has over 400 drivers on contract with a 20% commission basis. - There are over 900 bookings daily in total. - Company has 2 directors with equal shareholdings and has no debts or liabilities. - The registered office is in Bhopal but the operational office is in Delhi.

- Our company provides taxi services for a variety of travel needs & requirements of our clients. - We do not own any vehicles and have affiliations with over 500 taxi drivers across India. We simply take bookings & outsource the services to our affiliates. - Our company earns a margin between charging our clients & paying our affiliates. This is the entire source of revenue for the company. - About 30 percent of the revenue is generated through independent clients. The remaining 70 percent is generated through our network of over 40 corporate clients. - These clients take our services to pick & drop their employees from their respective residences. The revenue from this stream has drastically reduced due to the effect of the pandemic. We charge them a monthly fee for these services. - Our business was incorporated into a private limited entity about 7 months ago. We are looking to digitalize our taxi booking services through our proprietary platform. - The mobile applications are currently under development & will be launched within a few weeks. Our services won't include radio taxi booking. - Users will simply be able to choose the kind of services they wish to avail themselves, the kind of car they want, the pick & drop destinations, along with the duration for which they require the vehicle. They will be charged a nominal rate & will be able to pay through the app itself. - We continue our conventional business operations and also launch the digital portal as another line of operations under our company itself. More details about the platform will be shared with serious investors. - The prospective investor will receive a 10 percent ownership in the registered business entity which includes the conventional taxi booking services for corporates & independent clients along with the digital platform for booking taxis. - The business is extremely valuable due to our niche idea & enormous growth potential in the future. The valuation is based on our own estimate. - Our business is entirely debt-free with no outstanding business loans, overdue, or defaults. - The company has two directors and each owns an equal 50 percent of the business. There are no outside investors or shareholders.