Scale your Venture
invstt offers a chance to find the right investors to back your idea.
101-500
Kolkata, West Bengal
India , 2022
Kolkata, West Bengal
On-demand cab booking as well as scheduled cab booking - currently operating in the city of Kolkata. We enable people to travel by eco-friendly electric public transport services which are the best in class, clean and extremely reliable.
Founded in 2022 by Mayank Bindal and Jaydip Mukherjee, Snap-E-Cabs is a ride-hailing platform with the objective of transforming Indian cities by providing 100% electric, sustainable, efficient, affordable and reliable mobility solutions. Launched in August 2022, Snap-E Cabs has since completed 11 million clean kms, 1 million B2C trips & saved over 750+ Tonnes CO2. The company now operates a fleet of 588 EVs (a mix of company owned and leased) and has installed 540 chargers for their operations in and around Kolkata. Snap-E Cabs is a brand owned by EC Wheels India Private Limited, a subsidiary of Steelman Telecom Limited. Headquartered in Kolkata, India. Snap-E Cabs provides a reliable eco-friendly public electric transport service that allows people to travel safely, without any delays at an affordable price. You can depend on us. We are focused to embrace the change and getting ready for tomorrow.
1) B2B- On-demand app cab booking / scheduled ride booking 2) B2C- Typically for late night employee transportation needs
India
SaaS
B2B, B2C
1) Blu Smart 2) EEE-Taxi 3) Evera 4) Uber Green 5) Capital EV
Tell us a bit about how founding team knows each other.
Mayank and Jaydip first met in 2018 at an industry event while working in separate companies. They stayed in touch and met again in 2019, where Jaydip proposed a project in the medical field. They began working together in December 2019, eventually establishing a company that generated close to 50 crore in revenue over four years, from 2020 to 2023. In 2022, they decided to venture into the Snap-E Cabs industry, leveraging their successful collaboration.
Why did you decide to start this company?
We ventured into EV mobility for: 1. Tech-driven revenue. 2. Vertical integration across EV ecosystem. 3. Anticipated surge in EV demand, especially in cab aggregation.
Are all the founders full-time on this project?
Yes
Set up your account as an Investor.
Already have an account? Login Nowinvstt offers a chance to find the right investors to back your idea.
Login and get access to a authentic community of investors, founders and professionals.