Listing Details : LB-19706

Investment Required 10 Crs
Turnover N.A
Legal Entity Private Limited
Category Internet & Technology
Sub Category Service Providers
Business Listed By Business Owner

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.

Year of Commencement

2021

No. of Team Members

25

Current Stage of Startup

Ready-to-Launch

Business Relocatable

Yes

Purpose of Investment

Marketing

Investor Role

Active

Previous Investment Infused

50 Lacs

Investment Required As

Seed Funding

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

Contact Business