Upcoming Mobility-Tech Venture Raising Funds in Bangalore

About Business

India's First Comprehensive Fare Comparison Platform
This emerging travel-tech venture is developing India's first platform designed to centralize and simplify intercity and intracity travel bookings. The aim is to integrate various transportation options, including flights, buses, and trains, into a single, user-friendly digital system. The platform seeks to provide travelers with transparent, affordable, and easily accessible fare comparisons.

Addressing a Market Need
Currently, Indian travelers face a fragmented booking experience, where fare listings are inconsistent across different platforms. This absence of a consolidated view often leads to confusion and missed savings, particularly for price-sensitive groups like students and daily commuters.

The Proposed Solution
The platform will feature a real-time fare comparison engine, aggregating prices from multiple travel partners. This functionality allows users to view options side-by-side, streamlining booking decisions. Planned features include personalized fare alerts, an intuitive interface, and a mobile-first design.

Market Opportunity
India's travel and mobility sector continues to grow, driven by urbanization and increased digital adoption. The platform targets a broad demographic across Tier 1, 2, and 3 cities, including gig workers, students, and tourists. The demand for efficient and affordable digital travel solutions positions this venture favorably.

Product Features
Key features include dynamic fare comparison across transport categories, real-time price updates, and a referral-based loyalty system. The design emphasizes user convenience for quick filtering, comparison, and booking.

Revenue Generation
Revenue is anticipated from affiliate commissions with travel partners, sponsored placements, and contextual advertisements. Future plans include a premium tier with advanced features like AI-powered fare predictions. A referral system is integrated to foster organic user acquisition.

Go-To-Market Approach
The rollout will begin in Bengaluru, expanding to other Tier 1 cities, and then to Tier 2 and 3 markets. Initial growth will be driven by performance marketing, campus ambassador programs, social media, and referral incentives. The strategy focuses on building user loyalty.

Development Roadmap
Within the first six months, the goal is to launch a minimum viable product (MVP), onboard key travel partners, and establish a digital presence. This phase also includes user feedback collection and preparation for app deployment. Subsequent phases will involve market expansion, infrastructure scaling, and integrating AI capabilities for enhanced fare predictions.

Clientele type

The primary clientele includes price-sensitive travelers such as students, gig workers, daily commuters, and tourists across Tier 1, 2, and 3 cities.

Premises

The premises will be on lease.

Asking Price Includes

The terms will be discussed with the potential investors.

Asking Price

INR 20.00 L

Minimum ticket size

INR 20.00 L

Reason

The founders are now seeking suitable investors to help complete the groundwork and initiate business operations.

More Details

The business is currently in the ideation stage, and the founder has already begun initial groundwork. A total investment of ₹10 lakhs will be contributed by the founder.