A Truck Booking Portal is for Sale or Investment in Kochi

Listing ID: SL013833
Posted By: Owner
Last Active: 6+ months ago
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Product / Service

We have built a mobile application/portal for booking trucks the faster and easier way. We provide convenience of booking and transparency of prices and available on Android and iOS platforms. We provide an on-demand truck booking platform rather than acting as a digital aggregator running a bidding platform. The market rates we arrive at are updated daily from the market survey conducted by our ground team. The client does not have to wait for truck confirmation, If a truck is readily available, then the booking can be made instantaneously.

Clientele type

Our clientele would be manufacturers, traders, factory owners and households.

Premises

LEASED

Lease per month (in INR): 9,000

Security Deposit (in INR): 30,000

Carpet Area: 200 sq ft

Asking Price Includes

Mobile application source codes, the team and the ownership the business

Reason

We have recently built this portal and not generating any revenue at the moment. We are either looking to sell it (which includes the running portal, mobile application source codes & the team) or to raise funds for starting the operations.

Other Details

Our team consists of 2 Co-Founders and 3 Founding Members. Mahin (one of the co-founder) is a businessman owning a plywood manufacturing business. He has over 6 years of experience dealing with the transportation of raw materials and finished goods in his company.
The idea of building an online portal for truck bookings came about to solve the problems he faced in finding and booking trucks by transport companies/agents
. The founding members are Computer Engineering Graduates with 5+ years of experience developing digital solutions. We have an internal research team who are working on ground level to collect data on market prices, supply and demand of trucks and to understand the mindset and preferences of truck owners.
Logistics costs in India are a higher proportion of the total value of goods as compared to developed nations. The goods transportation market in India is largely handled by brokers or transport agents, who charge a hefty commission from both the truck owners as well as the traders/ manufacturers
. There is no transparency in the transaction due to the absence of a centralized agency for goods transportation. A centralized agency like us can help in reducing costs and bringing transparency to this sector.

₹10 to ₹200 Cr

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