Overview
A promising Taxi Technology Start-Up, established in 2021, is seeking investment to launch and scale operations. The company operates remotely and has successfully completed its pilot phase, demonstrating strong market feasibility. Currently at a “ready-to-launch” stage, it is a pre-revenue start-up with all necessary licenses in place, ensuring smooth execution once operations begin. The start-up is targeting Bengaluru as its primary launch location, focusing specifically on airport cab services. With a goal to onboard 10,000 driver-partners for airport duty and the capability to bring 5,000 drivers on board in the first year, the platform is poised for rapid growth. Projected turnover stands at an impressive ₹100 crore in the first year of operations. With a team of 25 employees and a capital expenditure requirement of ₹50 lakh, the company is now seeking an investment of ₹10 crore. The funds will be utilized for marketing, technology enhancement, and launching full-scale operations. This presents a compelling opportunity for investors looking to enter the fast-growing mobility and transportation technology sector.
Business Details
Proposed Deal Structure
N.A
Summarize your Idea/Business
The start-up is targeting Bengaluru as its primary launch location, focusing specifically on airport cab services. With a goal to onboard 10,000 driver-partners for airport duty and the capability to
Key Highlights
With a team of 25 employees and a capital expenditure requirement of ₹50 lakh, the company is now seeking an investment of ₹10 crore. The funds will be utilized for marketing, technology enhancement, and launching full-scale operations. This presents a compelling opportunity for investors looking to enter the fast-growing mobility and transportation technology sector.
Future Potential
Very high
Team Overview
25 dedicated professionals.
Competition / Market
Ola, Uber, Rapido
Financial Details
How the Acquisition Process Works
- 01Contact SellerContact Seller
- 02Teaser/Information MemorandumTeaser/Information Memorandum
- 03Valuation ReportValuation Report
- 04FinancialsFinancials
- 05Schedule an Advisory MeetingBook Your Consultation