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Taxi Startup Investment Opportunity in Calangute, India

Ride hailing app with registrations in place and app under construction seeks invetsment.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Taxi + 1 more
Locations  Calangute
Local Time 12:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 12 thousand for 10.0% stake (Native Currency: INR 1,000,000)
Reason: App development & optimization: - Enhance the app's functionality with features based on user feedb... View More
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Business Overview

- 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.

Products & Services Overview

Ride hailing app that helps riders finds cabs and drivers in the locality.

Assets Overview

We have developed a mobile app for users & drivers.

No other significant physical assets.

Facilities Overview

We are a startup company & do not have an office yet.

Capitalization Overview

The company is self funded.

The company has two directors.

No loans or debts.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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