Reason for sale : Raising funds for expansion

Investment Opportunity in a Transportation as a Service Platform

☆☆☆☆☆ 4/5
  • Listing ID : KS
  • industry : Information Technology
  • city : Mumbai
  • state : Maharashtra
  • Transaction type : -
  • investment range : ₹2 Crore

Company Statistics

  • year of establishment : 2020
  • total employees : -
  • total customers : -
  • business model : B2B
  • nature of organization : -
  • sub industry : SAAS
  • license available : Yes
  • revenue : 60 Lacs
  • EBITDA : -
  • net profit : -

Company Description

The platform provides connectivity to fleet operators with passengers through its on-demand, supply agnostic, asset-light mobility solution. The company is on a mission to solve the commuting issue of Bharat - India leveraging unique technology (TAAS - Transportation as a Service) as an enabler.

The company’s offering is to provide a tech stack that optimizes the value chain. Features of the platform below:

  • Real time passenger booking
  • SMS / QR Code-Based Ticketing & Boarding
  • Ensuring travel safety with a remote command center
  • Admin app and dashboard for real time visibility
  • Deep Tech and AI Capabilities For Planning and Analytics

By replacing the API-based dynamic inventory allocation on all platform helps optimize fleet operator capacity utilization – revenue and profitability. The dashboard provides actionable insight & analytics to help maximize customer experience and improve fleet operator’s response time and maximize capacity utilization.

The company has of approx. 750K USD commitment from one of India's leading travel aggregator and a UK based fund. Currently, they are looking for 250K USD more to close the round.