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Recently developed mobile application for fleet management is looking for equity partner. The website has been started in 2016. The platform has been developed to provide vehicle related services such as Washing, servicing and the user can also purchase spare parts as required. They also have the facilities of door to door services. It already has strong user base of more than 800 from one city of India. Currently it is been operational from Bhopal and ground work for the launch in Mumbai, Delhi, Indore and Kolkata has been done which will be launched very soon. They also have the plans to launch the services in Western Africa. They have been associated with the local vendors to avail the services. They are looking for an expansion and looking for an investment of INR 2cr wherein they would require to do some marketing activities as well as develop their own service station. In return of the investment they would be providing 30 % share holding in the company. The business has the potential wherein the users may increase to 250000 by the end of the year.

Reason

Expansion plans

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