Taxi Startup Investment Opportunity in Visakhapatnam, India
Online cab booking application with 90% development completed, targeting below middle-class population.
| 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 | Visakhapatnam |
| Local Time | 6:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
115 thousand
for
25.0%
stake
(Native Currency: INR 10,000,000)
Reason: Seeking investment to complete the development and launch the application.
Includes physical assets worth
USD
11.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(65.8 KB)
Business Overview
- Online cab booking platform that aims to make booking cabs more accessible for the below middle-class population.
- The application is currently in the development stage, with 90% already completed.
- Preparing for a launch in major cities such as Andhra Pradesh, Telangana, and Tamil Nadu.
- Positioned to serve both major cities and rural areas, catering to a wide customer base.
- The company's revenue model is based on a commission percentage from each booking, providing a sustainable and scalable income stream.
- The business is planning to launch its service on the Play Store initially.
- The application is currently in the development stage, with 90% already completed.
- Preparing for a launch in major cities such as Andhra Pradesh, Telangana, and Tamil Nadu.
- Positioned to serve both major cities and rural areas, catering to a wide customer base.
- The company's revenue model is based on a commission percentage from each booking, providing a sustainable and scalable income stream.
- The business is planning to launch its service on the Play Store initially.
Products & Services Overview
Online Cab Booking Platform:Mobile application: The primary product is a mobile application designed to facilitate the booking of cabs. This app will be available on the Play Store.
Pricing: The platform aims to provide affordable cab booking options suitable for the below-middle-class population.
Target users:
Designed to be affordable for the below middle-class population but also caters to a broader audience in both urban and rural areas of Andhra Pradesh, Telangana, and Tamil Nadu.
Assets Overview
Physical assets include computers, laptops, servers and other equipment used for development.
Facilities Overview
No dedicated office facility. The operations are currently remote.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
There are 2 shareholders in the business.
Recent Activity
-
Earlier than 15 daysMD, Shipping Marine Oil And Gas Mining, Kakinada, Individual Investor / Buyer connected with the Business
Tags:
Limo Service Startup Investment Opportunity in Visakhapatnam, India
·Limousine Startup Investment Opportunity in Visakhapatnam, India
·Taxi Startup Investment Opportunity in Visakhapatnam, India
·Cab Startup Investment Opportunity in Visakhapatnam, India
·Mobile App Investment Opportunity in Visakhapatnam, India
·Phone App Investment Opportunity in Visakhapatnam, India
·Invest in Limo Service Startup in Visakhapatnam, India
·Limo Service Startup Investment Opportunity in Vizag
·Invest in Limousine Startup in Visakhapatnam, India
·Limousine Startup Investment Opportunity in Vizag
·Investment Opportunity in Visakhapatnam, India
·Invest in Taxi Startup in Visakhapatnam, India
·Invest in Cab Startup in Visakhapatnam, India
·Taxi Startup Investment Opportunity in Vizag
·Invest in Mobile App in Visakhapatnam, India
·Cab Startup Investment Opportunity in Vizag
·Limo Service Startup Investment Opportunity
·Invest in Phone App in Visakhapatnam, India
·Mobile App Investment Opportunity in Vizag
·Phone App Investment Opportunity in Vizag
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 118,000+ other businesses of all sizes.
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.
You might also be interested in these businesses