“For-She” is a ‘For-Women” Taxi Service.
You just require an Entrepreneurial spirit to execute the Great Business ideas. “For-She” is one such example of it. “For-She” is the ‘For-Women’ Taxi Service.
Revathy Roy, 49 years old lady is the founder of The Company, ”For-She Travels & Logistics Pvt.Ltd”
Roy, who used to be a distributor of polymer windows, started ‘thinking seriously’ about a business like this since December 2006 and began operations on March 8, 2007 – International Women Day in Mumbai with 2 Cabs.
A New Company, “For-She Travels & Logistics Pvt. Ltd” was incorporated and she had started her Business with a seed capital of Rs.14 Lakhs which was raised through friends.
Advertisements were put uo in newspapers for female drivers which resulted in 2 of the applicants with ‘no road experience at all’.
After that, Orix Auto Infrastructure Limited (OAIS), a joint venture between Japan’s Orix Corporation and IL&FS already having a presence in the business through radio cabs in Delhi, approached Roy for strategic tied-up in November 2007.
“I parted with a minor part of equity held by me in the company for the tie-up. OAIS have a fleet of over 300 cabs in Delhi and bring a great deal of operational expertise” – She said.
Post-deal, she was successful in convincing Maruti to make minor adjustments for delivering a customised version of Versa model and 20 cabs were ordered.
Currently, the entire operations and expansions of the fleet are handled by OAIS while in her capacity as the managing director, Roy has a majority stake and over looks the entire training part.
The Car has features like GPS/GPRS systems and a panic.
A Woman driver earns Rs.6,500 per month and additional incentives depending upon the business which she does. A woman driver works 1 12-hour shift for 26 days in a month and can ply anywhere in Mumbai and outside as well.
By, 2009 end, the company plans to be operational in 5 cities – Mumbai, Delhi, Hyderabad, Kolkata and Chennai.
So I think this is a great Business idea……..!!!!!!!
Do you know any such great business idea? Than let me know…. I will publish it on this Blog…..!!!!!
You just require an Entrepreneurial spirit to execute the Great Business ideas. “For-She” is one such example of it. “For-She” is the ‘For-Women’ Taxi Service.
Revathy Roy, 49 years old lady is the founder of The Company, ”For-She Travels & Logistics Pvt.Ltd”
Roy, who used to be a distributor of polymer windows, started ‘thinking seriously’ about a business like this since December 2006 and began operations on March 8, 2007 – International Women Day in Mumbai with 2 Cabs.
A New Company, “For-She Travels & Logistics Pvt. Ltd” was incorporated and she had started her Business with a seed capital of Rs.14 Lakhs which was raised through friends.
Advertisements were put uo in newspapers for female drivers which resulted in 2 of the applicants with ‘no road experience at all’.
After that, Orix Auto Infrastructure Limited (OAIS), a joint venture between Japan’s Orix Corporation and IL&FS already having a presence in the business through radio cabs in Delhi, approached Roy for strategic tied-up in November 2007.
“I parted with a minor part of equity held by me in the company for the tie-up. OAIS have a fleet of over 300 cabs in Delhi and bring a great deal of operational expertise” – She said.
Post-deal, she was successful in convincing Maruti to make minor adjustments for delivering a customised version of Versa model and 20 cabs were ordered.
Currently, the entire operations and expansions of the fleet are handled by OAIS while in her capacity as the managing director, Roy has a majority stake and over looks the entire training part.
The Car has features like GPS/GPRS systems and a panic.
A Woman driver earns Rs.6,500 per month and additional incentives depending upon the business which she does. A woman driver works 1 12-hour shift for 26 days in a month and can ply anywhere in Mumbai and outside as well.
By, 2009 end, the company plans to be operational in 5 cities – Mumbai, Delhi, Hyderabad, Kolkata and Chennai.
So I think this is a great Business idea……..!!!!!!!
Do you know any such great business idea? Than let me know…. I will publish it on this Blog…..!!!!!
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