A Cab Aggregator Start Up Looking for Pre Seed Funding

Bengaluru, Karnataka, India

Internet & Technology

Investment
4 Crs

Category
Internet & Technology

Turnover
N.A

Sub Category
Service Providers

Legal Entity
Private Limited

Business Listed By
Founder

We aim to provide smart mobility solutions and address the various problems faced by drivers and customers. Our vision is to assist drivers to become empowered entrepreneurs and earn higher and also to provide quick, hassle free and reliable taxi services to our customers. We have in-depth knowledge of the travel industry's business model and his good network with the all Indian Driver’s Association & unions made him aware of the issues faced by drivers working with MNC's like Ola Cabs and Uber. He did an analysis on the various changes and challenges in the travel industry and built smart mobility solutions to tackle the issues faced by both drivers and customers alike. After years of careful research, involvement and interactions, the organization has released “facilitator application”. This application provides the best platform for drivers to become empowered entrepreneurs and the customers to opt- in for a Local solution aiming at making India Vocal. We developed two applications ‘ Indian Taxis and My Taxi Cab’ to provide an intuitive taxi application with the latest technology and ensure that it is accessible to millions of drivers and commuters alike. The fare charged from the customer is in accordance with the rates prescribed by the govt and does not vary during, peak hours. The customers without Smartphones or the app not installed in their mobile phones can also hire a taxi online with us. Drivers can book the trips on behalf of the customers. No commissions are charged from the customers. No penalty is charged for cancellation of the booking.

Year of Commencement

2020

No. of Team Members

5

Current Stage of Startup

Ready-to-Launch

Business Relocatable

Yes

Purpose of Investment

Expansion

Investor Role

Active

Previous Investment Infused

20 Lacs

Investment Required As

Seed Funding

Proposed Deal Structure

Will disclose after knowing the offer

Summarize your Idea/Business

A commission less Software as a service based cab aggregator platform

Key Highlights

Our platform provides high savings for customers using to book their cab. Our platform is multiple channel equipped by which the drivers will be able to get leads from multiple platforms as it suits them

Future Potential

We have the plan to disrupt the market in this space and deliver efficient bandwidth to drivers.

Team Overview

1 CEO, 1CTO, 1 CFO and 2 Technical Advisor

Competition / Market

High, but market is saturated with the old offerings

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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