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Founded
2022
Headquarters
Sahibzada Ajit Singh Nagar
Overview

About Figgo Innovations Private Limited

Business Model:- FIGGO is based on B2C model. It has two types of customers as below: 1. Users – Minimum 5% profit on every intercity booking and 10% on intra city bookings. 2. Partners – By recharge coupon starting from Rs.49/- to Rs.9999/- based on KMS. (Expecting approx.5 Lakh partners throughout India by the end of 2023 consisting all the travel/transport segments) Market:- After working practically in a limited area on test mode for the last 2 months, we assume @ 50000 rides per day after launching. It will be multiplied every month on a higher rate. Competitors:- In some of the segments we have many competitors in the market like Ola, Uber and Rapido. There are many segments which FIGGO has taken initiative of and there is no competitor for us as such. We will be the first in Indian market to introduce such type of services. Execution Plan:- Below mentioned are our strategies to execute the plan: Stage-1 FIGGO has already started the online social media advertisement campaign for partners. Stage-2 To get bucket of drivers throughout India, FIGGO is collaborating with various registered cab/taxi/drivers u

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