Sharedcab

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Sharedcab - overview

Location

Mumbai, -, India

Primary Industry

Transportation Services

About

SharedCab is a specialized platform for the sale and leasing of premium domain names, offering secure transactions for businesses and individuals aiming to establish a robust online presence. SharedCab operates as a premium domain name marketplace, providing services globally from its headquarters in Mumbai, India. The company raised INR 50 million in Angel financing on December 12, 2012, from Blume Ventures and Kae Capital. The founder's history and previous ventures are not detailed in available sources.


SharedCab. com specializes in the sale and leasing of premium domain names, focusing on providing secure and streamlined transactions for individuals and businesses looking to establish an online presence. The company's core offerings include the sale of the domain name SharedCab. com, which is currently priced at USD 2,488, and the option for potential buyers to make an offer for this domain.


The platform ensures a hassle-free process by providing secure payment options, free transaction support, and local currency availability at checkout. SharedCab. com serves a diverse customer base, including entrepreneurs, startups, and established businesses in various sectors looking to enhance their digital footprint. The geographical markets for SharedCab's services are global, catering to clients from multiple regions and facilitating transactions across different currencies.


The revenue model of SharedCab. com is primarily based on direct sales of premium domain names, with the flagship product being the domain SharedCab. com itself. Customers engage in transactions by either purchasing the domain outright for USD 2,488 or submitting an offer for consideration.


This direct-to-consumer approach allows for straightforward interactions between the company and its clients, wherein buyers can secure their desired domains through a simple online transaction process. The transaction structure is characterized by one-time payments rather than subscriptions or recurring fees, emphasizing the nature of domain acquisition as a singular purchase. The company’s revenue is generated from these domain sales and is bolstered by the additional support services provided, ensuring a comprehensive customer experience. With the recent Angel financing of INR 50 million raised on December 12, 2012, SharedCab plans to enhance its platform and expand its product offerings.


The company is also exploring opportunities to enter newer geographic markets, although specific regions and timelines have not been disclosed. The funding is expected to support these initiatives, enabling SharedCab to innovate and meet the growing demands of its customer base.


Current Investors

Blume Ventures, Kae Capital

Primary Industry

Transportation Services

Sub Industries

Car Hire Services

Website

www.sharedcab.com

Company Stage

Angel & Seed

Total Amount Raised

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