Kakinada Startup: Car Rentals & Tours Packages Raising Funds
About Business
They offer a comprehensive range of transportation solutions, including cab, bus, and mini van rentals. Additionally, they specialize in crafting group tour packages, with a particular emphasis on exploring the charming small villages of Andhra Pradesh.
They started their business in June 2023 and projecting a turnover of 10 Lakhs by the end of this year. The promoter has infused a capital of around 6 lakhs in the business, in setting up office and taking cars on contracts. They have 2 employees, One does the admin work and the other one drives the car. The promoter has been working in this field for the last 6 years.
Clientele type
Their clientele are travelers, who are looking for transportation solution or tour packages.
Premises
LEASED
Lease per month (in INR): 7.00 K
Security Deposit (in INR): 21.00 K
Carpet Area: 100 sq ft
The premise is located in a large coastal city in the state of Andhra Pradesh, India. which is 50 km east of Rajahmundry.
What’s on offer
They are offering a 30% partnership in the business.
Reason
They want to develop a website and an application for online bookings and to advertise the business locally, thus they are seeking funds.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience