Kakinada Startup: Car Rentals & Tours Packages Raising Funds

Listing ID: SL016189
Posted By: Owner
Last Active: 2+ months ago
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Product / Service

They offer a comprehensive range of transportation solutions, including cab, bus, and mini van rentals. Additionally, they specialize in crafting group tour packages, with a particular emphasis on exploring the charming small villages of Andhra Pradesh.

Clientele type

Their clientele are travelers, who are looking for transportation solution or tour packages.

Premises

LEASED

Lease per month (in INR): 7,000

Security Deposit (in INR): 21,000

Carpet Area: 100 sq ft

The premise is located in a large coastal city in the state of Andhra Pradesh, India. which is 50 km east of Rajahmundry.

Asking Price Includes

They are offering a 30% partnership in the business.

Reason

They want to develop a website and an application for online bookings and to advertise the business locally, thus they are seeking funds.

Other Details

They started their business in June 2023 and projecting a turnover of 10 Lakhs by the end of this year. The promoter has infused a capital of around 6 lakhs in the business, in setting up office and taking cars on contracts. They have 2 employees, One does the admin work and the other one drives the car. The promoter has been working in this field for the last 6 years.

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Kakinada Startup Car Rentals & Tours Packages Raising Funds

₹10 to ₹200 Cr

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Seamless Fundraising/M&A transactions

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