Taxi And Logistic Solution Company Raising Fund In Bareillly

About Business

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).

More 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.