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    Taxi Startup Investment Opportunity in Chennai, India

    Upcoming ride-hailing app, targeting rapid expansion by launching in 100 cities.
    This Business is on a Premium Plan
    Established 0-1 year(s)
    Employees 5 - 10
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Taxi + 1 more
    Locations  Chennai
    Local Time 3:32 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.3 / 10
    Compare with industry
    Partial Stake Sale
    USD 120 thousand for 10.0% stake (Native Currency: INR 10,000,000)
    Reason: For marketing and hiring employees across 100 cities at a go. Our valuations are based on our revenu... View More
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Start up certificate
    Start up certificate (1020.0 KB)
    Logo
    Logo (29.5 KB)
    GST
    GST (137.4 KB)
    ROC-Verification.pdf
    ROC-Verification.pdf (65.8 KB)
    Business Overview

    - 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.

    Products & Services Overview

    We will be providing commuting services through our apps.

    Assets Overview

    Intangible assets include software with source codes.

    Facilities Overview

    We currently have two offices under construction in Udupi and in Chennai.

    Capitalization Overview

    No debts, the promoter has invested their own money in developing the application. Around 50 lakhs have been invested in app development.

    Recent Activity
    • 1 week, 6 days ago
      Owner, Food Products, Erode, Individual Investor / Buyer connected with the Business
    • Earlier than 15 days
      Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
    • Earlier than 15 days
      Director - Strategy & Operation, Chennai, Financial Consultant connected with the Business
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    Contact Business

    1 Investor contacted this Business this month.
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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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