Smart Ride-Booking Platform Raising Funds In Gurgaon
About Business
Smart Ride-Booking Platform Overview
A new smart ride-booking platform is preparing to launch in Gurugram, focused on transforming shared auto-rickshaw travel through technology. The initiative aims to make urban mobility more affordable, convenient, and sustainable by organizing one of the city’s most widely used transport modes.
Current Progress
- Customer-facing app developed; driver application in progress
- Website receiving ~200 daily views without marketing
- Six auto-rickshaw drivers and eight cab drivers onboarded on fixed routes
- Initial rollout planned across six routes
Launch Timeline
The company aims to begin operations within 30 days of receiving funding. Pricing will be fixed per route, and all participating drivers will receive 15 days of basic training to ensure service quality.
Business & Revenue Model
- Applied for Private Limited registration
- Revenue generated through a fixed fee of ₹5 per seat reservation, charged to drivers
Growth Potential
This model is designed for scalability, consistent ridership growth, and strong long-term potential in the underserved shared mobility segment.
Clientele type
The primary customers are local commuters who rely on public transport for their daily travel.
Premises
LEASED
Lease per month (in INR): 7.00 K
Security Deposit (in INR): 7.00 K
Carpet Area: 100 sq ft
Asking Price Includes
The terms of the transaction will be discussed in detail with the investor.
Asking Price
INR 25.00 L
Minimum ticket size
INR 10.00 L
Reason
The founders are seeking funding for application development, marketing and promotional activities, as well as working capital requirements.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid Team