Taxi Businesses Seeking Loan

Located in Mumbai, this taxi service operates as an aggregator utilizing the Uber platform to connect with customers. - The business currently employs 22 drivers who are compensated on a daily payout basis, earning between 800-1000 INR for a 12-hour shift. - The fleet consists of 10 cars, which are rented, ensuring lower overhead costs and flexibility in operations. - The revenue model is structured around ride commissions, with Uber taking an 18% commission from each ride fare. - Drivers are incentivized to maximize their shifts and customer pickups, contributing to overall profitability. - The target customers include local commuters, tourists, and individuals needing on-demand transportation services across Mumbai. - The business leverages the growing demand for ride-sharing services through the Uber app, tapping into the convenience of mobile technology for customer engagement and payment processing. - This taxi service is positioned to capture a significant share of the bustling urban mobility market in Mumbai, aligning with trends towards digital transportation solutions. - The last year's revenue is missing because we started our operations this year.

Collaborate with subcontracted airport transfer companies and vendors. - Promoter has over 10 years of experience in the field. - Serving approximately 1,000 clients monthly, our revenue model is based on commission. - Operations are licensed under a NIB (Nomor Induk Berusaha). - Currently, we partner with more than 20 contract-based drivers across Bali. - Previously reliant on vendors for client acquisition, we now aim to connect directly with clients to significantly improve margins and support growth initiatives.

The taxi booking app leveraging cutting-edge technology to enhance user experience with both video and audio calling capabilities. - Features a dual-application structure with separate interfaces for drivers and riders, promoting user convenience and engagement. - Revenue model is subscription-based for taxi drivers, targeting an average fee of $600 per month, creating predictable income streams. No commission will be charged to the drivers. - Currently offering services for free as a strategic marketing approach; transitioning to a monetization plan in 3 months. - Unique position in the market with the only app boasting an integrated payment gateway for seamless transactions. - Approval from the Economic Ministry underscores the app's credibility; awaiting final licensing from the Ministry of Travel. - Future growth potential includes an expansion into local hotel bookings, broadening service offerings and market reach.

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.

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.