Business Description:The website is primarily focused on providing an online platform to buyers and sellers of used cars, bikes and commercial vehicles to transact on.
Indimoto.com also enables auto dealers, workshops, auto product and service companies and auto event organizers to list themselves and attract a targeted audience. Enthusiasts can also create or join auto clubs on Indimoto.com.
Indimoto.com has been actively promoting the cause of carpooling for the many saving benefits it offers. Commuters from over 130 Indian cities can find carpool partners to share a ride with.
Integrated within Indimoto.com is IndiBlog, a widely read blog covering the latest news and events from the Indian automotive arena.
Industry:IT/ Internet/ Software
Founded in:2006
Source of idea:Wanted it as an individual customer
Significant Competitors:Carwale, Autoindia, Indiaautomobile
Company Details :
Company Name:Indimoto
HeadQuarters:Gurgaon
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):over 30
Office Locations(2007):over 30
No of companies promoted:Yes (2)
Profits (2006):
Profits (2007):
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Family & friends
Institutitional Capital:No
Revneue Model:Advertisements and Paid Classified Listings
Awards & honors:The carpool initiative has been widely acclaimed by popular media including Reuters, NDTV, CNBC TV18, CNN IBN, Times of India, Hindustan Times, Outlook Business, BBC Top Gear, Overdrive, Businessworld and many other leading media channels.
The Delhi Government has also appreciated the efforts being made by Indimoto in reducing traffic in Delhi and is jointly developing a workable carpool system for the city.
Promoters Details :
Promoters Name(s):Udit Bhandari
Age:27
HomeTown:New Delhi
Education:Masters
No of companies promoted:Yes (2)
Family Background:Business
Job:N.A at The Service Network
Ex-Job Description:N.A
Favorite Book/Movie:N.A
