DPIIT Startup in Rent-to-Own Cars Raising Funds In Kolkata
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About Business
This DPIIT (Department for Promotion of Industry and Internal Trade) recognized and MSME-registered startup is redefining vehicle access for India's gig economy. Based in Kolkata, the company operates a rent-to-own vehicle leasing model tailored for ride-hailing and delivery platform drivers who struggle with traditional financing.
With full legal compliance, digital onboarding, and a branded web presence already in place, the business is positioned for regional and national expansion through strategic acquisition.
Key Offerings:
- Long-term lease agreements (60-month terms) with ownership transfer
- Commercial vehicle access for drivers on platforms like Ola, Uber, Rapido, InDrive, YatriSathi
- Micro-payment options: daily, weekly, monthly
- Pre-drafted legal contracts & digital onboarding (APK + website)
- Full regulatory compliance: GST, MSME, ROC, trade license, DPIIT
Unique Value Proposition:
- Access for underbanked gig workers
- Structured path to vehicle ownership
- Ready-to-scale business framework
- Fully digital onboarding & payment solution
- No prior revenue dependency – designed for scale
Target Market & Clientele:
- Independent Drivers using ride-hailing platforms
- Small Fleet Operators in Tier 1–3 cities
- Mobility Tech Aggregators
- Delivery Agents (future growth vertical)
Serves industries like:
- Urban Mobility
- Self-employment Platforms
- Fleet Management
- Vehicle Financing Alternatives
Clientele type
The primary clientele includes gig workers, platform-affiliated drivers, small fleet operators, and first-time vehicle buyers seeking flexible ownership and financing solutions in the mobility and transport sector.
Premises
OWNED
Premise Size: 100
Market Value (in INR): 25.00 L
Digital-first business with a 100 sq.ft. admin setup
Cloud-based operations; no need for large physical premises
Market value estimated at ₹25 Lakhs
Asking Price Includes
At a valuation of ₹5 crore, the investor will receive a 20% equity stake in the business.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
The founder is seeking to raise funds to onboard a strategic buyer or investor who can expand fleet operations, tap into mobility networks, and scale nationally with a pre-compliant, tech-enabled vehicle platform.
More Details
The business is DPIIT Certified
Keywords
Business Tags
₹10 to ₹200 Cr
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