Namaste
India! We are glad to announce the launch of our operations in your city.
Whether you need to make a business trip, a factory visit or run errands within
the city, you can now count on Shopicab to get you there!
Shopicab
the online cab booking has already commenced driver on-boarding in Pune and
Kolkata.
Introducing
Shopicab, a superior cab service with a motto of “Customers First” coupled with
on-time services and low fares, ride after ride.
Shopicab
will offer you reliable and affordable transportation options for everyone,
everywhere at the tap of a button.
Over
the years, commuters have not been offered stress-free alternatives nor has the
industry been able to unlock the potential of ridesharing in India. Get
ready; we are coming, now you no longer have to worry about booking a car in
advance and coordinating multiple times with the driver. Just open your
Shopicab app and get a car at the tap of a button.
Shopizio
E-Commerce Ltd., the group company of Shopicab, has successfully established
itself over the course of 25 years in Kolkata and is now here in Pune to set
new standards as “cab booking aggregator” catering timely pick and drop,
pocket-friendly as loaded with discounts, unique business model and innovative
tech app.
Shopizio
E-Commerce Limited incorporated its operations on 6th March 1995 in Kolkata and
is registered with Ministry of Corporate Affairs and is the group company with
subsidiaries in cab aggregator services, Agro Commodity trading, tele-shopping,
Food Supplement Products, IT services & ITES, BPO, International Staffing
& E- Commerce Marketplace.
Shopizio
takes pride in mentioning that it is a “Debt Free Company” from its inception
in 1995 till current day and is in the process of listing it equity shares on
the BSE - SME exchange in the coming months.
Mr.
Chittaranjan Roy – Managing Director & Promoter of Shopicab said, “The
Company is launched with the sole purpose of bringing customers and drivers on
a latest user-friendly mobile technology platform, ensuring convenient, safe,
affordable, and comfortable personal transport for commuters. Shopicab is
concentrating on leveraging the best technology and building innovative
mobility solutions from scratch, which are going to be instrumental in
revolutionizing the market by taking the commuting experience to an
unprecedented level.
He
appended, “In line with achieving set “GOALS”, within timelines, we invite
investors to partner our success by funding our growth i.e. Venture
capitalists, Angel Investors, Car Manufacturers, Law firms, Investment bankers
and other strategic collaborators, are most welcome to join the journey.”
Shopicab
app is for Android as well as iOS devices and uses Geo-location services to
show the location of the cabs in real-time, enabling users to
actually see their position and call for them immediately.
What make
Shopicab stand out?
Team
Shopicab has evolved strategies enabling us to stand- out with an industrial
edge in our business segment, some unique highlights are :
●
No surge pricing
●
Customer-first approach
●
24X7 Helpline
●
Innovative app
●
Fares as low as Rs. 7.00 per Kilometer
●
Safety ensured rides
●
Latest GPS technology installed in every vehicle.
●
Dedicated pick up and drop facilities for school students
●
Ambulance services
●
CCTV in each vehicle
●
Eco-friendly operations
●
Electric Mobility
●
Pink Car’s - Women empowerment
●
Specialized training for drivers
●
Clean Cabs
●
On- Time Cabs
●
Multiple Payment Options
●
ShopiCab Wallet
●
Automated Instant Invoice
●
Best Rated & Trained Drivers
●
Skill Development of the drivers in association with various Government initiatives
●
Corporate responsibility
towards Cab drivers and their associates by providing them with accommodation,
food mess, training, Insurance and medical insurance, car washing &
Maintenance, Educational Facilities for their Children & many other initiatives to make their lives meaningful.
For
Pune, Shopicab will have an interesting fleet of cars that include Hyundai i20,
Renault Kwid, Datsun Go, Toyota Innova, Nissan Sunny etc.
The Market Size
Smartphone
Penetration - In 2013 - 6% and May 2019 – 28% in
metro cities, the penetration reached 60%-65% by Q1-2015.That is when and
where the revolution of on-demand taxis began in India.
Penetration of app-based taxi services is only
about 2 % (expected to hit 2.9 percent by 2023)
Indian
Taxi Market -The Indian taxi market size was
estimated at 1.9 million taxis estimated to generate $10 -$ 11 Billion revenue
in 2019.
Unorganized
Market -The unorganized small fleet operators account
for ~91% market share in terms of registered taxi fleet. The arrival of
on-demand taxi players has helped organize this market to a great extent.
Unique
selling Proposition of Shopicab
No
Surge pricing, Installation of CCTV, Introduction of a few ‘Pink Cab’s’ with
women drivers ensuring safety of women passengers, Introduction of ‘Green Cab’ and Electric Mobility, robust
lost-and found centre and many other innovative features in the offer to
delight the commuter’s mobility.
On the financial
front we are projecting a cumulative
first 5 year’s gross billings to
commuter’s of Rs. 18442 Cr with our “Net
Effective Take” pegged at Rs 2766 Cr and
a negative PAT of 180 Cr.
Early stage Funding –
To Kick start the projects we are seeking funding of Rs. 25 crores either from
angel, VC, QIB, Investment funds and other collaborator’s with vested business
interests.
In further funding
rounds we will be seeking Rs 175 crores to expand our operation to a total of
75 cities.
The exit options
proposed to reward our investors would be either listing of shares, private
placement, buy back option, Merger or acquisition.
To
join forces for being a part of ShopiCab’s success, the company is inviting
PE/VC, Angel Investors, HNIs, Car Manufacturers/ Dealers, Law/CA/CS/CMA Firms,
Investment Bankers, FIIs, FDI, QS, QIBs, Brokers, Portfolio Managers and other
Strategic Collaborators
