In RodBez's Business Pitch, the discussion like Ola and Uber Mobility App Alternative has been being discussed in the Shark Tank India Season Promo Video for many days. But it is not completely a Mobility Application like their Duopoly.
He has created a business solution on Village Taxi Need without using Google Map by learning it from YouTube himself. We will try to know in detail how they have presented different things from Ola and Uber.
Contents
RodBez Business Vision
RodBez Business Vision is to create a New Business Solution by combining its experience with Tech Mobility Application for Village Mobility.
RodBez Founder
RodBez Founder- Dilkhush Kumar and Siddharth Jha
RodBez Founder Dilkhush Kumar He studied at MLT College in Saharsa. Before this, he has had business experience under the name AryaGo Transpotech India Pvt Ltd in 2016. And now full time RodBez CEO and Founder.
RodBez Founder Siddharth Jha has been a central government employee in the National Green Tribunal for more than 7 years. He has completed his studies in Kolkata and got to learn about man power handling and organizational behavior in his job. For RodBez, he has built his business by researching the Taxi Industry.
About RodBez
RodBez Revolution is on the way a community based taxi chain working to provide the synonym of Specialized One Way Taxi and Taxi Pool covering the villages of India. It also offers One Way Taxi Share option and connects opposite node passengers on the same route.
He has worked to provide Unique and Indepth Solution to the Unresolved Issue of Remote Area Taxi along with Passenger Problem. He is happy if this micro category solves the remote mobility issue of people like him and also provides a business solution to RodBez Vision.
Shark Judges' Investment Guidance on RodBez Investment Guidance
RodBez Business Pitch Video to Shark Ritesh Agrawal, Shark Anupam Mittal, Shark Peyush Bansal, Shark Aman Gupta, and Shark Vineeta Singh As told on Shark Tank India Season 3 Stage.
RodBez Investment Guidance Shark Anupam Mittal said that there are investors in every mobility business, hence he sees that RodBez will face a lot of difficulty in increasing the scale of operation.
And while talking about the customer trust of OYO Captain of Shark Ritesh Agrawal, Business Pitcher, everyone was impressed by the similar customer experience in his business too.
Shark Ritesh also asked RodBez Business Founder why they are not able to become as big as Ola and Uber and is there a problem of demand or supply. RodBez Founder told that they are getting demand, but there is no solution to supply.
RodBez Founder Story Knowledgeable shark Peyush Bansal believed that he should give a chance to his old investors to invest in it and hence he did not invest with them.
According to Shark Aman Gupta, he has less money for Business Runway, hence he may face problems and does not invest. Impressed by RodBez Founder, Shark Vineeta Singh and Shark Ritesh Agrawal also offer to invest in him.
RodBez Business Statistics
- Due to RodBez, the taxi driver gets additional income of ₹ 10 thousand to ₹ 15 thousand per month.
- They call these taxi drivers ₹45 thousand Drivery Salary, still earns ₹ 15 thousand to ₹ 20 thousand in Rodbez Commission.
- RodBez commission was ₹6 lakh in Aug 23. (Commission Rate – 20%)
- By taking a taxi from RodBez, the rider ₹1500 to ₹2000 savings Gets an opportunity to do it.
- RodBez has raised ₹46 lakh from Mithila Network Investor at a valuation of ₹4 crore.
- RodBez has 20 taxis in its own business network.
- RodBez One Way Taxi gives 40% cheaper fare and the rider gets to save 60% in Taxi Pool.
- RodBez has given 10 thousand rides so far.
- Now RodBez ₹1.5 lakh per month Cash Burn And he currently has ₹4 lakh in the bank. However, few people have support to give them loan on less drones.
RodBez Equity Structure
- Dilkhush Kumar – 80%
- Siddharth Jha – 5%
- Mentors and Investors – 15%
RodBez Shark Tank India Deal
RodBez Business Final Deal – Business Founders made the final deal of ₹20 lakh for 5% equity, Valuation – ₹4 crore + ₹30 lakh debt @12% interest for 2 years with Shark Vineeta and Shark Ritesh.
| RodBez Shark Tank India Episode Number | Shark Tank India Season 3, Episode 3 |
| RodBez Shark Tank India Episode Air Date | 24 January 2023 |
| RodBez Founder's Name | Dilkhush Kumar and Siddharth Jha |
| RodBez Ask in Shark Tank India | ₹50 Lakh For 5% Equity |
| RodBez Deal in Shark Tank India | ₹20 Lakhs For 5% Equity + ₹30 Lakhs Debt at 12% For 2 Years |
| RodBez Investors From Shark Tank India | Vinneta Singh & Ritesh Agarwal |
| RodBez Official Website | RodBez |
| RodBez Review | RodBez Review |
| RodBez Company Valuation | ₹4 Crores |
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Conclusion
Shark Tank India RodBez Business With the tagline 'Revolution is on the way', do tell us about what you think for Business Investment.
It has been a long time since Ola and Uber Duopoly, but in this Business Pitch they have not yet added Rodbez's Unique Business Solution. Therefore, on such a difficult business solution, try to understand all three businesses by looking at your business market research and shark comment.