Online Fleet Management Business looking for Equity Investors

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Listing IDSL002117 Ticket Size1-2 Crore Last Year TurnoverAvailable on request Verification Status Pending
  • Online Fleet Management Business looking for Equity Investors

Business Details

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.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views1720 Last Active2+ months ago
IndustryTechnical LocationBhopal
Entity typePrivate Limited Started in 2016
Transaction TypeInvestment
Raise Funds (via debt)
Raise Funds (via equity)
ReasonExpansion plans

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Verification of the listing does not imply that Asking price reflects the valuation of the business

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