Overview
An emerging ride-booking business is available for sale or joint venture (JV) and is also open to investment for launching its app and expanding operations. The business has an existing fleet of 23 electric vehicles (EVs), approximately 10,000 app downloads, and a customer base of around 5,000 users, providing a foundation for growth in the electric mobility and transportation sector. The platform aims to offer convenient and accessible ride-booking services, with a promotional discount of 30% on the first ride to attract new customers and encourage app adoption. The business also provides services through Rapido, helping it reach customers through an established ride-booking platform. The proposed investment will support the app launch, marketing activities, customer acquisition, technology development, and operational expansion. With an existing EV fleet, an established user base, and experience in ride-booking services, this opportunity is suitable for investors and entrepreneurs interested in electric mobility, sustainable transportation, and app-based businesses. The owner is open to a complete business sale or a joint venture with a strategic partner to support future growth.
Business Details
Describe Property
N.A
Competition / Market
Yes
Products & Services
Provides app-based ride booking, convenient passenger transportation, driver and vehicle network management, promotional first-ride discounts, Rapido platform services, customer support, and technology-driven mobility solutions with plans for expansion and enhanced accessibility.
Growth Potential
High
Reason For Sale
Dont have time
Financial Details
How the Acquisition Process Works
- 01Share Your RequirementsDefine your acquisition goals and preferences.
- 02Explore OpportunitiesReview curated businesses matching your criteria.
- 03Evaluate & ValueAnalyse financials, potential, and valuation.
- 04Due DiligenceVerify business, legal, and financial aspects.
- 05Complete AcquisitionNegotiate, close, and take ownership.