Mobility Platform Raising Funds In Hyderabad
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Full-scale tech-enabled mobility platform with a growing fleet for city passenger transit. Revenue and Ticketing Platform for Transport providers. A technology and services company with over 10 years of experience working in the areas of Public Transport, Logistics, and IT infrastructure solutions.
Transport fleet with 10 year contracts.
The company has gained wide experience of working pan-India on multiple projects in Public Transport Operations, Ticketing Solutions, Vehicle Tracking, IoT and Mobility solutions.
Clientele type
The business serves a diverse clientele, including Municipal Corporations of Smart Cities, transport fleet owners, and state transport authorities, with two ongoing projects and three more in the pipeline.
Premises
Have 3 different office spaces at project locations apart from head office which is a rented premise.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 10,000,000 (INR 1.00 Cr)
Reason
Raising funds for business expansion.
Other Details
It is built with a vision to cater the transforming needs of global mobility sector. Powered with digital payment solutions, integrated IoT for Fleet Management and AI powered analytics. The company partners with transit operators for enhanced value creation.
They have been actively working for Smart cities and has been awarded for its solutions in Intelligent Transport Systems, Smart Waste Management, Smart Bins etc., which have been flag bearer projects of Smart cities.
Top management includes two founders. Where, one founder is a first generation entrepreneur having extensive experience in leadership, consulting, technology and product innovation in B2B, D2C and B2G environments. Has industry expertise include IT, IoT, logistics & transportation, public infrastructure.
Another founder has served at various capacities at Intel Corp. USA. prior to joining the company. Brings in vast entrepreneurial experience in automobiles and logistics segment with an overall experience of 14 years in product development, Hardware architecture and IoT.
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₹10 to ₹200 Cr
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