Carpool Platform
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Business Feasibility Study Report Business Model Project Report Business Plan Detailed Project Report
Executive Summary and Analysis •
Carpooling has been made effective, by providing web-based or mobile-based platforms which makes it easier to choose the commuter, depending on their travel time and trip distance, according to his preference.
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Along with saving time and money, this service will also help in reducing the stress of searching for vacant seats in public transport, for the rider the stress of driving all by oneself for the driver. On a broader view, it is supporting in controlling traffic and pollution by cutting down on the number of vehicles on the road.
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As per MBP analysis, the global ride-sharing market is expected to cross 215 Billion USD by 2025 growing at a CAGR of 19% and India is expected to get a good share of this market projection with an everyday increasing number of people switching to sharing rides rather than traveling all by themselves.
Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Waste Reduction
High Growth Feasibility
2 1 Digitalization
3 Competitive Competitive Advantages Advantages
Skilled Employee Business License
4
Fund Plan
5 Market Potential
Required Technical Expert Digital Presence
Market Dynamics Growth drivers • Shift towards the usage of shared mobility services. • Willingness of people to pay for convenience providing platform.
Challenges • Providing safer ride. • User friendly app/website.
Opportunities • Traffic as well as pollution control. • Reducing the stress of searching for vacant seats in public transport.
Threats • Major market players who are providing similar kind of services.
Financial Summary •
Project – Carpool Platform
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Application – Schools, Etc.
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Initial Investment – 70 - 80 Lakh INR
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Capital Investment – 25-30 Lakh INR
Business, Individuals,
Project Profile – Project Details
Product Portfolio
Manpower Required
Legal Requirements
Carpool Platform
Skilled & Executive Employee
Business & Industry Requirement
Services
Employment Generation
List
Intercity Rides Outstation Rides
1.
Skilled Employee – XX
1.
PAN & TAN
2.
Operator -X
2.
MSME Registration
3.
Admin Executive – X (Admin, HR, Account & Finance)
3.
Shop Act
4.
Marketing Executive – x (Sales & Marketing)
4.
GST
5.
Director – X (Admin, Operation, Marketing & Finance)
5.
XXX
6.
XXX
7.
XXX
8.
XXX
9.
XXX
10. XXX
Start-up Budget and Operational Details Operation Details
Budget (INR) 1.
Pre-operative Expenses – XX,00,000
2.
Fixed Capital – XX,00,00,000
3.
Working Capital ( X Month) – X,00,00,000
4.
Total Investment – XX,00,00,000
5.
Cost Per Subscription – XX INR
6.
Price Per Subscription – XX INR
7.
Profitability – XX %
8.
BEP – XX Years
9.
ROI – XX %
1.
Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX%
2.
Working Days – X00 Per Annum
3.
Office Requirement – Commercial Space
4.
Area Required – X Acres
5.
Power Requirement – XX – X00 Kw (x Phase)
Slide Title
Recent News(timeline) & MBS Analysis •
Bangalore-based startup ”Quick Ride” is aiming at one million carpooling rides everyday by next year 2020 across nine cities in the country.
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RedBus, an online bus ticketing platform, has launched carpooling service, rPool.
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UCR (University of California) Transportation and Parking Services (TAPS) has recently partnered with Waze Carpool to help students and staff at UCR find someone to carpool with on their drive to campus.
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