Platform For Ride-Hailing Drivers Raising Funds In Mumbai

Listing ID: SL032258
Posted By: Owner
Last Active: 6 hours ago
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About Business

A mobility-focused SaaS startup is developing an intelligent automation platform designed specifically for gig workers operating on ride-hailing platforms such as Uber, Ola, Rapido, and similar services.

The software automates the ride acceptance process by allowing drivers and riders to predefine their preferred trip criteria, such as minimum fare, destination area, and other ride preferences. Instead of manually reviewing every incoming ride request within a few seconds, the platform automatically analyses available requests and accepts only those matching the user's preset conditions.

This automation helps drivers stay focused on the road, reduces distractions while driving, improves operational efficiency, and enables them to maximise earning opportunities by capturing suitable rides faster than manual selection.

The product is currently in the testing phase with its core functionality developed. The promoters are seeking investment to complete feature development, strengthen the user interface, undertake marketing initiatives, and scale the platform for commercial launch.

With the rapid expansion of India's gig economy and millions of ride-hailing drivers across multiple platforms, the business addresses a large and growing market with strong scalability potential through subscription-based SaaS revenue.

Clientele type

Cab drivers
Bike taxi riders
Ride-hailing gig workers
Fleet operators
Driver partners across multiple mobility platforms

Premises

Currently the setup is operating from home

Asking Price Includes

The stake offered will be discussed and finalized with potential investors

Asking Price

INR 5.00 L

Minimum ticket size

INR 1.00 L

Reason

The founder has successfully developed the core product but requires external funding to accelerate completion of the product, launch the platform commercially, and capture the rapidly expanding mobility gig-worker market.

More Details

Prototype developed and currently undergoing testing.
Core automation engine has been built.
User interface enhancements and additional features are under development.
Currently managed by the founder.
Funds will primarily be utilised for product development, maintenance, and customer acquisition.

Business Tags

Platform For Ride-Hailing Drivers Raising Funds In Mumbai

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

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