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Vehicle Rental Businesses Seeking Loan in Chennai

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Vehicle Rental Company Seeking Loan in Chennai, India

Company providing self-driving 2 wheeler vehicles on rent with 90 branches across 52 cities.
- Newly started 2-wheeler vehicle rental company in Chennai. - Have a total of 90 branches across 52 cities of India and most of them are given on franchise. - Have 10K vehicles on the road and the company owns 40 of them. - We receive 10 to 20 bookings on a daily basis. - Our app has more than 10K downloads with 4.1-star ratings. - Targeting to reach 10K bookings per day by next year. - We were concentrating on expanding our reach through the franchise route. Now we will be focussing on maximising sales.
6.8   Chennai
Run Rate Sales
USD 24 thousand
EBITDA Margin
20 %
Business Loan
USD 40 K at 25%
Contact Business

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