# OneWay.Cab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oneway-cab

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Vadodara, India
- Website: www.oneway.cab
- Total disclosed funding: $0.4M
- Latest round: Seed (May 30, 2016)
- Investors on record: 2

## About

OneWay.Cab provides inter-city taxi services focused on one-way travel, offering convenient and cost-effective transportation without return fares. The company emphasizes on-time performance and customer safety in its operations.Founded in 2015 by Devang Sanghvi, Pankaj Gandhi, and Vivek Kejriwal, OneWay.Cab is based in Vadodara, India. The company specializes in one-way taxi services, catering to travelers seeking efficient transport solutions. The latest funding round occurred in August 2018, where OneWay.Cab raised INR 10 million, bringing the total amount raised to INR 10 million, with a current valuation of INR 380.619 million.OneWay.Cab specializes in providing inter-city taxi services focused on one-way travel. Their primary offering includes discounted air-conditioned cabs designed to transport customers between cities without the need for a return fare, effectively catering to travelers who prioritize convenience and cost efficiency. The company emphasizes on-time performance and safety, boasting a track record where 99% of customers have never missed a flight. Their services have garnered the trust of over 98,000 customers, including corporate clients such as GE, L&T, and Bajaj Allianz. OneWay.Cab operates in various geographical markets across India, specifically targeting urban centers where inter-city travel demand is high.In the most recent financial year 2023, OneWay.Cab reported a revenue of INR 301,130.4. The company's revenue model is structured around direct-to-consumer transactions, where customers book one-way taxi services via the company’s platform, generating revenue based on the distance and service selected. This pricing strategy is designed to attract individual travelers and corporate clients alike, supported by partnerships for bulk bookings.OneWay.Cab aims to expand its services into new geographical markets across India, targeting major urban centers where inter-city travel demand is projected to grow. The company plans to leverage funds raised in August 2018 to support its expansion initiatives and enhance service offerings. The ongoing development of new products aligned with customer needs is also part of their strategy to strengthen market presence.

## Funding rounds

- Seed, May 30, 2016, $0.4M — Indian Angel Network, Artha India Ventures

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Seed
- Artha India Ventures — Seed