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HTT CABS Project Report Overview

This document provides a project report on HTT Cabs, which aims to create a marketplace for all types of cabs. The company's mission is to provide customer-friendly services using advanced technology at affordable prices. In the short term, the goal is to improve the cabs system in India, starting in Hyderabad. Key competitors include Uber, Ola, Meru Cabs, and Easy Cabs. The promoters are Mr. Jashwanth and Miss Keerthana. A SWOT analysis identifies strengths like a top-of-mind service and rapid expansion, weaknesses such as dependence on internet, and opportunities in the large unorganized market. Projected financial statements for the first quarter forecast a net operating

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Jashwanth Rajith
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73 views20 pages

HTT CABS Project Report Overview

This document provides a project report on HTT Cabs, which aims to create a marketplace for all types of cabs. The company's mission is to provide customer-friendly services using advanced technology at affordable prices. In the short term, the goal is to improve the cabs system in India, starting in Hyderabad. Key competitors include Uber, Ola, Meru Cabs, and Easy Cabs. The promoters are Mr. Jashwanth and Miss Keerthana. A SWOT analysis identifies strengths like a top-of-mind service and rapid expansion, weaknesses such as dependence on internet, and opportunities in the large unorganized market. Projected financial statements for the first quarter forecast a net operating

Uploaded by

Jashwanth Rajith
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

A Project Report on

“HTT CABS”
Here To There Cabs
“We Take You Everywhere”
BASELINE
Components

 Mission : To create a marketplace for all type of cabs

 Vision : “To provide customer friendly services using advanced technology


at pocket friendly prices”

 Goals : Our short-term goals include improvement of Cabs system in India


starting from Hyderabad

 Targets : Our target is to get on the top of the local market within
the two quarters of commencement
Competitors

 Uber Cabs

 Ola Cabs

 Meru Cabs (India)

 Easy Cabs

 Unorganized players (Auto rickshaws/ Taxis)


Promoters

 Mr. Jashwanth  Miss Keerthana


ASSESSMESNT
SWOT ANALYSIS

Strength Weakness

Opportuni
Threats
ties
Strengths

 Top of the mind service

 Rapid expansion and online application

 Professional and Punctual Drivers

 Huge increase in customer base due to services via application

 Employees from well reputed institutions when compared to


competitors

 Regular maintenance of vehicles


Weakness

 Dependence on internet

 Services limited to city boundaries

 12 hours functionality as of now

 Shortage in training staff

 Due to huge demand, there is a rise in expenditure


and increased difficulty in monetization
Opportunities

 Unorganized market is huge, hence potential is high

 Increasing internet penetration and smart phone users

 Rising disposable income

 Shifting of consumer interest towards convenience creates huge demand


Threats

 Rising Competition

 Uber and Ola has deep pocket and hence can burn cash heavily

 Unclear future due to lack of regulations and less customer loyalty


in this industry

 Absence of clear government regulations in developing countries


Investment

Promoter
1
2.5cr

Venture Investme
Capitalist nt
5cr 10cr

Promoter
2
2.5cr
ORGANISATION STRUCTURE
PROJECTED
Financial Statements
(1st quarter)
INCOME STATEMENT ₹ IN '000

REVENUE
Net Bookings 2000
Other Income 575

TOTAL REVENUE (A) 2575


EXPENSES
Employee Benefits 560
Fuel And Running Cost 1000
General Administration
And Marketing 500
Borrowing Cost 1250
Depreciation And
Amortization 150

TOTAL EXPENSES (B) 3460

NET OPERATING LOSS (A-B) 885


BALANCE SHEET ₹ IN '000

EQUITY AND LIABILITIES

A. Shareholder Fund
Share Capital 100000
Reserve And
Surplus -885

B. Non-current liabilities
6% Loan 50000

C. Current liabilities
Creditors 1500

TOTAL 150615
ASSETS ₹ IN ‘000

A. Non-Current Assets
Land and
Buildings 45000
Vehicles 25000
Other non
current assets 50000
Intangible Assets 5000

B. Current Assets
Investments 20000
Spares And Tools 2500
Cash And Cash
Equivalents 3115

TOTAL 150615
ANY QUESTIONS?

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