Start Up

Mobility Taxi Technology Start is Seeking Investment in Bengaluru

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.

BengaluruKarnataka
Internet & Technology Category
Service Providers Sub Category
Business Owner Business Listed By

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.

Internet & Technology Service Providers

Business Details

2021 Year of Commencement
25 No. of Team Members
Ready-to-Launch Current Stage of Startup
YesBusiness Relocatable
Marketing Purpose of Investment
Active Investor Role
50 Lacs Previous Investment Infused
Seed Funding Investment Required As

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

EBITDA :- N.A PAT :- N.A Debt :- N.A

How the Acquisition Process Works

  1. 01Contact SellerContact Seller
  2. 02Teaser/Information MemorandumTeaser/Information Memorandum
  3. 03Valuation ReportValuation Report
  4. 04FinancialsFinancials
  5. 05Schedule an Advisory MeetingBook Your Consultation

Keywords

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