Teksi Ride Vehicle Financing and Asset Management Solutions

Campaign Story

The Problem: DRIVING A BRIGHTER FUTURE FOR AFRICA THROUGH TECHNOLOGY AND INNOVATION

Welcome to Teksi Ride, South Africa’s premier e-hailing app, where convenience meets efficiency for your transportation needs. Whether you’re heading to work, exploring a new city, or simply want a hassle-free ride, our app is your ultimate travel companion. With a seamless user experience and a reliable network of drivers, we ensure that your journey is smooth, safe, and satisfying. Ready to experience the future of transportation? Download our app now and embark on a journey of convenience, reliability, and peace of mind. Wherever you need to go, we’ll get you there swiftly and comfortably.

The South African ride-hailing market is on a rapid growth trajectory, with projections estimating it to reach ZAR 48 billion by 2025. Teksi Ride's mission is to claim a significant share of this market by providing affordable and accessible rides to all South Africans.

With the partnership with stakeholders , TRAVELTHRU (VIETNAMESE TOURIST AGENCY), ELIFE LIMO AIRPORT SHUTTLE COMPANY (CHINESE BASED), SANTACO (INDUSTRY COMPLIANCE), ONE WAY TRAVEL (WE SERVE THEM AS THEIR THIRD PARTY SUPPLIER TO GOVERNMENT TRANSPORT SERVICES NATIONALLY), AVBOB, BUS BUD, CHECK MY BUS, ACSA, MTN (RENEW CONTRACT AND ADD MOMO AS PAYMENT GATEWAY), DRIVANIA (TRAVEL AGENCY SWEDISH), GB ONE CHAUFFEUR TOURS and RTT LOGISTICS, Teksi Ride is positioned to dominate the market by leveraging on the Unique selling propositions offered by the stakeholders.

TEKSI RIDE solution. While Teksi Ride competes with global giants like Uber and local services, our unique positioning as a partner with SANTACO,

MTN, DATAFREE and KUBA sets us apart. We are the preferred choice of the industry, as evidenced by our selection in accordance with the lekgotla resolutions of 2022.

Our growth strategy is simple yet powerful. We will aggressively expand into underserved areas, making our services accessible to all. By leveraging our partnership with MTN, SANTACO, DATAFREE, MYTRAVELTHRU and R24 we ensure a profitable and peaceful coexistence and workable spaces for all transportation modes. This strategic approach will establish Teksi Ride

as the go-to choice for South Africans, as Teksi Ride is able to pick up at spots where other apps cannot pick up, e.g. at Malls, Gautrain and Taxi ranks. From the analytics attached in the next pages, we can see that we are lacking marketing and advertising to fully compete against the prevailing app companies. We need the capital injection to grow the business through Social Media and Outdoor marketing. We have run few

litmus tests on the social media platforms to have statistics on the impact of marketing and results have been tremendous.

Our Core Services:

At Teski Ride, we strive to offer a superior level of convenience. Forget about cash transactions – our app supports secure and seamless digital payments, making your experience effortless. We also provide a range of vehicle options to suit every occasion, from budget-friendly rides to premium sedans or spacious SUVs.

At Teksi Ride, we understand the importance of getting from point A to point B safely, comfortably, and on time. Whether you’re heading to work, exploring a new city, delivering a gift, moving, sending your kids to school, or simply need a ride, our goal is to make your journey enjoyable and stress-free.

Our app is designed with your needs in mind. With a sleek and intuitive interface, booking a ride has never been easier. Simply enter your pickup and drop-off locations, choose the type of vehicle that suits your preferences, and our advanced matching algorithm will instantly connect you with the nearest available driver.

We prioritize your safety above all else. All our drivers undergo a rigorous screening process to ensure they meet our high standards for professionalism and reliability. They are experienced, licensed, and thoroughly background-checked, giving you peace of mind during your travels. Additionally, our app provides real-time tracking of your ride, allowing you to share your journey with loved ones for added security.

Our immediate goal is to capitalise on strategic partnerships within the B2C market in South Africa, but our vision is much bigger. The true scaling opportunity lies in the independent B2B sector. We are capitalising on introducing the Teksi Ride Vehicle Financing and Asset Management Solutions which will allow businesses to seamlessly gain access to mobility through structured shared ownership. We create proper legal frameworks, implement professional fleet management, and develop technology that lets people access exactly the vehicle time they need—while sharing both costs and benefits.

Our financial projections indicate an expected revenue of ZAR 29.5 million in the first year, ZAR 30 million in the second year, and ZAR 32 million in the third year. This equates to a remarkable ROI for our investors..

Why We Are Raising Funds

We are seeking R25, 000,000 to accelerate our growth and capitalize on this significant market opportunity. The funds will be strategically allocated to implementing:

1. Co-Own a Car Programme: Co-own your existing vehicle with someone else and share the cost. Your car. Your share. Your way. The only solution for co-owning a car in South Africa. Buy a vehicle with friends, your partner, or colleagues and share the cost. Business owners – Co-own a vehicle with other businesses
2. Business Vehicle Solutions Programme: Expand your fleet without the overhead – let us handle it. Buy a car for your business, Co-own a car with other businesses, Off-balance sheet solutions, Tracking and fleet management included and Invest where it matters – growth.
3. Monetise Your Car Programme: Let your car work for you – hassle-free and profitable. Have your car make money for you with no admin headaches, Teksi Ride takes care of all admin and security, Users vetted by Teksi Ride, Sit back and get paid.
4. Car Management System Programme: Smarter vehicle management at your fingertips. Replace spreadsheets with Teksi Ride  dashboard, Track maintenance, usage, performance – real-time, Schedule FIX or service (forget), Manage your personal or business vehicles collaboratively.

Investing in Teksi Ride is investing in the future of South African transportation. Our strategic partnership, industry recognition, and proven growth record are compelling reasons.