The ride-hailing industry has been plagued by inefficiencies, leaving both drivers and riders feeling shortchanged. Drivers are burdened with exorbitant commissions, while riders are forced to pay inflated fares due to opaque pricing algorithms. It's time for a change.
Our Innovative Solution
At Tora Cabs, we're committed to creating a more equitable ecosystem, where drivers can earn a decent living and riders can enjoy affordable, hassle-free transportation. Our innovative approach has already yielded impressive results. In a short span, we've successfully onboarded over 20,000 drivers, garnered 185,000 installs, and completed over 100,000 rides in Hyderabad alone. What's more, our acquisition costs are remarkably low, with a mere Rs. 400 spent per driver and Rs. 20 per rider. These numbers are a testament to the market's readiness for a paradigm shift.
Join the Revolution
Our beta launch in Hyderabad has been a resounding success, and we're confident that our innovative business model will revolutionize the ride-hailing industry. Join us in our mission to create a more sustainable, driver-centric, and rider-friendly transportation ecosystem. The future of ride-hailing is here, and it's called Tora Cabs.
Tora Cabs Details
Company Started On 2019
Franchise Started On 2021
Tora Cabs Franchise Cost & Investment
Franchise Brand Fee 5000000
Royalty Commission 25%
Tora Cabs Available Regions
North Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttar Pradesh
South Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
East West Bengal, Odisha
West Gujarat, Rajasthan, Maharashtra, Goa
Central Madhya Pradesh, Bihar, Jharkhand
Union Pondicherry, Chandigarh
Tora Cabs Dealership Contract Specifications
Standard Agreement Yes
Agreement Duration 5 Years
Renewal Option Yes
Tora Cabs Outlet Space Requirements
Property Type Commercial
Floor Space 2500 - 4000 Sq.ft
Desired Location Commerical
Tora Cabs Dealership Training and Support
Operations Manuals Yes
Training Venue Local City
On-Site Support Yes
Head Office Guidance Yes
IT Systems Provided Yes
Frequently Asked Questions
The minimum investment needed to start a Tora Cabs franchise is 10000000, which can vary depending on the location and other factors.
The area required to start a Tora Cabs franchise outlet is between 2500 to 4000 Sq.ft, which can be adjusted based on the specific location and requirements.
The maximum investment needed to start a Tora Cabs franchise is 20000000, which can vary depending on the size and scale of the outlet.
There are less than 10 Tora Cabs franchise outlets operational in India, making it a relatively new and exciting opportunity for entrepreneurs.
Yes, Tora Cabs can be a good franchise opportunity for Indian entrepreneurs who are looking to start a business in the transportation sector, with a relatively high investment potential and growing demand.
As a Tora Cabs franchisee, you can expect support in terms of training, marketing, and operational guidance, which can help you establish and grow your business successfully.
To apply for a Tora Cabs franchise in India, you can visit the company's website or contact their franchise development team directly to discuss your application and eligibility.
The key benefits of starting a Tora Cabs franchise in India include a established brand name, potential for high returns on investment, and support from the company, which can help you establish a successful business in the transportation sector.
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