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Namba Taxi

Namba Taxi

Next to You - Comfortable, Fast and Convenient

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Deal Type

Debt

Funding Goal

$1,200,000

Current Reservations

$0

Minimum Reservation

$10,000

Deal Stage

Bridge to Series A

Open Date

02/03/2020

Closing Date

03/31/2020

Deal Exemption Type

3

Interest (% per year)

10.00%

Term Length (Months)

24 months

Elevator Pitch

The Uber of Central Asia incorporating QR Code Mobile Payment technologly via the NambaPay APP

KPIs

15,000 per day Users
Cash Flow Positive

Company Overview

NambaTaxi system includes all of the required tools to make the platform as user-friendly as possible for taxi companies.

Prompt car delivery is ensured by auction-styled order allocation, which allows to receive orders in an instant so that clients receive their cars as fast as possible.

Client can request a taxi through widest range of options: Android/iOS apps with automated location detection, by phone, SMS message with address, online booking on website or even Skype. Additionally any other order methods can be connected to our system: WhatsApp, Facebook, Telegram and many more.
Client receives SMS notifications on every stage of the order process: order picked up by cab, car delivered, trip report.
Advanced mobile apps for Android/iOS: cashless payments, real time tracking of assigned driver, integrated loyalty programs, and driver ratings.
Choice of tariffs: all of the available tariffs in the application. Additionally users can set their own price which they are ready to pay for the ride.
Work with companies to handle corporate rides.
Everything is under control. The system includes quality control module where you can quickly and easily resolve all of the complaints from clients.

Traction

  • App downloaded more than 100,000 times

    July, 2019
  • 20,000 active users

    July, 2019
  • 500,000 transactions per month

    September, 2019
  • Average of 15,000 rides per day.

    October, 2019

Pitch Deck

Press Mentions

Key Customers & Partners

Ijara Company Kyrgyzstan

Testimonials

Ulan Satyvaldiev
Ulan Satyvaldiev
CEO Ijara Company
"In the last three year we have given finance to Namba TAXI in the amount of $599,373.61, they have fulfilled in a proper and timely manner all the undertakings including all of the monthly payments without a single delay."
Usubaliev Erik Jandyralievich
Usubaliev Erik Jandyralievich
Deputy Chairman of the Board - Kyrgyzkommerts
"For already 2 years, Namba Taxi LLC is well known to our Bank as a reliable business partner, who fulfills in proper and timely manner all their obligations, including the payment of all the monthly payments without any single delay."

Previous Funding

  • $335,000 Debt
  • Raise Source: Investors
  • March 2018
  • $790,680 Debt
  • Raise Source: Bank
  • February 2018
  • $600,000 Debt
  • Raise Source: Bank
  • February 2017

Frequently Asked Questions

Are you the same as Uber

Similar but we own 240 of our own cars and manage another 260 partner cars so we are able to control the brand and the quality of the product we deliver. But similar to Uber we have 5,000 registered drivers who use their own cars.

Do you have your own Mobile Payment App

Yes we have NambaPAY which is a QR Code mobile payment App that can be utilised to pay for your taxi ride, via the NambaTAXI App.

Risks & Disclosures

Emerging market risk

Investments in emerging markets entail additional risks associated with political and economic uncertainty, adverse government policies, restrictions on foreign investment and currency convertibility, currency exchange rate fluctuation, higher volatility, inadequate liquidity, possible lower levels of disclosure and regulation, and uncertainties as to the status, interpretation and application of laws, including those relating to private ownership of assets, expropriation, nationalization and confiscation.

Credit and counterparty risk

By investing in a fixed income security, you are assuming full credit risk of the issuer and, where applicable, the guarantor. Credit risk is determined by the issuer's and, where applicable, the guarantor’s credit capacity and creditworthiness and is therefore a measure of its/their solvency and ability to fulfill its/their payment obligations under the fixed income security.In the event that the issuer and/or guarantor becomes insolvent or defaults on its/their payment obligations, you may not receive repayment of your investment principal or any other amounts owing from the issuer and/or guarantor. A credit rating from a credit rating agency is not a recommendation or guarantee of the issuer’s/and or guarantor’s (where applicable) creditworthiness or of the risk, returns or suitability of the particular fixed income security. You should also note that the credit rating of the issuer and that of the guarantor are separate and the rating of one could be very different from the rating of the other.

Documents

Confidential

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