Taxi for sure

Ppt on Taxi For Sure

1. INNOVATION AND ENTREPRENURSHIP BY: AVINIT KUMAR

2. The Starting On asking about the starting and the motivation for starting up, Aprameya said “It all started with the typical ‘in-a-bar’, ‘on-the-tissue-paper’ evening. Since that point, our idea to become a taxi aggregator has become a reality, we call ourselves TaxiForSure S tarted with the personal investment of 8-10 lakh Aprameya Radhakrishna, Co-Founder Raghunandan G, Co-Founder

3. Culture is what gives TaxiForSure the best chance of Long Term Success both for our People and Business

4. Eight Aspects of Our Culture We Value specific Behaviors and Skills – And we know what they are We dream Big on our Goals – We would rather aim very high and achieve partial success than aim low and beat targets We Solve the Right Problems – Every time we would ask “Are we solving the Right Problem ?” We Take Ownership for Everything we do – even if the Outcomes are Not entirely in our Control People are the most important Pillar – We prefer Great people plus Average Process to Great Process plus Average People Speed is as important as Quality – in everything we do Trust and Personal responsibility – In all Relationships We are Facts and Data Oriented – in any problem we look at

5. Ten Behaviors and Talents We Value Respect for people Integrity Transparency Fun at Work Entrepreneurial Clarity of Thought Team Building & Team Working Communication & Influencing Customer Centricity Self Awareness

6. BUSINESS MODEL In a market flooded with taxi operators, ‘reliability’ is the USP of this company They take a share from the fare paid by the customer referred by them, to the operator From the bigger, organized operators, they get a 7-10 per cent share. From the smaller ones, they earn around 20 per cent They don’t have to invest in a fleet of cars. The other costs would only be on setting up a Call Centre to coordinate with drivers and customers and the technology to connect them . Driver performance is monitored through customer feedback and Global Positioning System (GPS) module fitted in the car. http://www.thehindubusinessline.com/industry-and-economy/book-here-and-get-your-taxi-for-sure/article4323368.ece

7. Driver Retention Model-Aggregator

8. VALUE PROPOSITION The customer, with a safe, reliable and easy taxi service, still proved to be the focal point Facebook ads and radio campaigns widened their reach Ample Choice for Economy car rental services, Standard cars for hire, SUV rental service in India, Luxury Car rental service in India, and Premium Car rental service in India Car Rentals for Outstation t rips with passenger relaxing back seat

9. REVENUE MODEL Taxi For Sure, is eyeing a revenue of Rs 7.2 crore in this fiscal year  It takes a cut of 10-12 per cent of the final fare The firm posted a turnover of Rs 10 lakh in the first year of operations In 2012, the company raised Rs 28 crores risk capital funding from Accel Partners, Helion Venture Partners and Blume Ventures.  Its revenue last year was around Rs 80 lakhs , and the Bangalore operations are already profitable. http://www.thehindubusinessline.com/industry-and-economy/book-here-and-get-your-taxi-for-sure/article4323368.ece

10. BUSINESS STRATEGY Our rates are cheaper that most radio taxis. We also have flat rates for airport cabs in some cities. You can book a cab either online, through our mobile site, our apps or by calling us at 6060 1010 (Ahmadabad, Bangalore, Chennai, Delhi) & 4040 9090 (Hyderabad). Book now and pay later. We don’t need you to make a payment when you book a cab online! Multiple car types to choose from - Indica, Sedans, AC cabs, Non-AC cabs - for your travel. You can book premium cabs like BMW, Mercedes and Jaguar too, through us. http://www.taxiforsure.com/

11. MARKET OPPORTUNITIES These are the places JAIPUR, INDORE, BHOPAL, CHANDIGARH It constitutes .5% of market share There are about 600,000( 88-92 %) taxis in the unorganized sector that can be aggregated, which is a $2.5-billion opportunity . Opportunities for companies keep increasing their fleet size and the new locations (major Cities)

12. COMPETITIVE ENVIRONMENT Rivalry among players is high and will be rising Price is not a differentiating factor Prompt response, luxury, comfort will be key Innovative schemes Apart from vehicle spending on technology, drivers and call centre to gain an edge Government regulation Taxi permit

13. COMPETITIVE ADVANTAGE Mobile application facility Multiple car types to choose from - Indica, Sedans, AC cabs, Non-AC cabs - for your travel P remium cabs like BMW, Mercedes and Jaguar too, can be book through us R ates are cheaper that most radio taxis C an  book airport taxis, city cabs, local hire/rental cabs as well as outstation cabs .

14. Management Team