Taxi And Logistic Solution Company Raising Fund In Bareillly

Listing ID: SL020049
Posted By: Owner
Last Active: 1 week ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

Product / Service

They provide services like Bike Taxi, Auto, Cab, Parcel Delivery in city, and Freight Services.

Clientele type

They cater to individuals seeking affordable travel and delivery solutions and businesses leveragin affordable freight services.

Premises

LEASED

Lease per month (in INR): 10.00 K

Security Deposit (in INR): 20.00 K

Carpet Area: 300 sq ft

Land & Office Setup:
Headquarters: Bareilly, Uttar Pradesh.
Fully operational virtual systems managing drivers, customers, and logistics.
2. Machinery/Technology Included
Functional customer and driver apps (Android & iOS).
Fully optimized admin panel for real-time bookings and fleet management.
Push notification system for customer-driver communication.

Asking Price Includes

The business is a customer-first taxi booking, delivery, and freight service, currently operational in few northern states if India. With the USP and an innovative app structure, they aim to revolutionize transportation in small cities, tapping an underserved market segment.

Why Invest in this business?
Unique Selling Proposition (USP):
A highly attractive fare structure (customer sets their fare).
No major competitors in smaller towns, giving us first-mover advantage.
Proven Market Demand:
Hundreds of drivers onboarded.
Active operations with a growing customer base.
Expansion Ready:
Plans to add features like Taxi Pool and Multiple Stops, making the app even more customer-centric.
Nationwide scalability potential in untapped Tier-2 and Tier-3 cities.
Investment Details:
Stake Offered:
Equity Stake: 5%
Valuation basis: Current operational performance and scalability potential.

Revenue Model:
Commission-based earnings from rides and deliveries.
Long-term scalability through partnerships with hotels, local shops, and small businesses.

Key Metrics & Achievements:
Operational in 3 states and growing.
Focused on budget-friendly rides for Tier-2 and Tier-3 cities.
Customer-first innovations, ensuring repeat usage and loyalty.

What Sets them Apart?
A guaranteed low price policy ("Lowest price or double your money back").
Focus on non-metro markets for lower competition.
Hybrid model leveraging bike taxis and freight delivery.

How You Benefit:
Equity in a growing business with huge untapped potential.
Early entry advantage in a unique business model.
Direct involvement in operational and strategic growth.

Asking Price

INR 30.00 L

Minimum ticket size

INR 10.00 L

Reason

Use of Funds:
Marketing & Customer Acquisition: 50% (social media campaigns, on-ground promotions).
Technology Upgrades: 30% (introducing pooling and multiple stops).
Operational Expansion: 20% (driver onboarding, insurance subsidies).

Other Details

Team & Management: The business operates under a strong leadership team focused on addressing the transportation and delivery needs of smaller towns and Tier-2/3 cities.
Founder & CEO: Leading the vision and strategy for the company, with a focus on customer satisfaction and business growth.
Core Team: A dedicated group managing operations, marketing, and customer engagement effectively.
Management Strengths: Well-defined roles ensuring smooth business operations. Expertise in customer-centric service delivery and regional market understanding.
Business Strengths:
Unique Selling Proposition (USP):
A flexible pricing model empowering customers to decide their fare.
Competitive pricing and unmatched affordability.

App Features:
City Rides: Affordable daily travel within cities.
Outstation Rides: Reliable and cost-effective intercity travel.
Freight Services: Efficient logistics solutions for businesses and individuals.
Delivery Services: Convenient same-day deliveries.

Market Reach:
Operational in multiple districts across Uttar Pradesh, Maharashtra, and Uttarakhand.
Focused on areas with minimal competition from major players.

Customer-Centric Approach:
Transparency and affordability as key pillars.
Loyalty-building initiatives like offers, discounts, and guarantees.

Future Scope:
Short-Term Goals:
Expansion to additional districts in current states.
Launching new app features such as Taxi Pool and Multiple Stops to enhance user convenience.

Long-Term Vision:
Establishing a significant presence in Tier-2/3 cities nationwide.
Partnering with small businesses for dedicated logistics solutions.
Continuous feature enhancements to improve customer experience.

Why invest in this company:
Market Gap: Focusing on underserved regions with high demand for affordable transportation and delivery solutions.
Differentiation: Unique fare model and a multi-service platform catering to diverse customer needs.
Growth Potential: Scalable business model with planned geographical and feature expansion.

Keywords

Business Tags

Affordable Rides Bike Taxi cab booking service delivery services Freight Services Mobility Solutions ride sharing taxi Taxi And Logistic Solution Company Raising Fund In Bareillly Taxi booking service Transportation

₹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

You may also like

Frequently Asked Questions

How to contact a business owner directly to buy or invest in a business?

Connecting with a business owner directly is simple! Just follow these 3 easy steps:
1. Create your FREE Investor/Buyer profile on IndiaBizForSale
2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences.
3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it works

Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

How does IndiaBiz verify the business information?

The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.
We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

What to consider before buying or investing in a business?

Below are some of the factors that need to be considered before buying or investing in a business:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have second-line of management?
  • Are you going to run the business on day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?
Most of the above questions should be answered when you are evaluating any business opportunity for acquisition/investment.

What support can I expect from IndiaBiz?

If you have any queries or need help, our team is here for you! You can email us at [email protected]
Our Advisory team also provides support related to business valuation, business plan documents, and franchise expansion plans at a fee. Contact our sales team for more details based on your requirements.

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.