Business Categories
Car Rental & Cab Services

Tora Cabs Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    2500 - 4000 Sq.ft
  • Investment Range
    INR 1.00 Cr - 2.00 Cr
  • No. Of Franchise Outlets
    Less than 10

About brand - Tora Cabs

Tora Cabs

Ride-haling, really? But it’s in shambles now!” I’m sure these are your first thoughts. However, we are quite bullish that the ride-hailing industry is ripe for a revolution, and we are its future.

Cab aggregators have made transportation dependable and easy to access. But that came at the expense of not only the drivers, who now bear the brunt of crippling commissions, but also the riders, who are forced to pay unreasonable fares based on opaque pricing algorithms. 

We are here to change that and help ride-hailing reconnect to its founding promise of fairness and transparency.

We have successfully onboarded over 20k drivers, 185k installs, and completed 100k+ rides in a short span. Additionally, the acquisition costs are jaw-droppingly low, at Rs. 400 per driver and Rs. 20 per rider. This successful beta launch in Hyderabad is evidence of an impending paradigm shift. It proves that the market is ready to accept our innovative business model.

Tora is a zero-commission and zero-surge transportation platform aimed at improving driver earnings and decreasing prices for riders. For drivers, we offer a daily subscription or a minimal fee per ride and, importantly, instant payments. For riders, we offer pricing with zero dynamic surge.

 

 

 

 

 

 

 

Tora Cabs Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2019

Franchise Commenced On 2021

Franchise Details
Units

Investment INR 1 Cr. - 2 Cr

Franchise/Brand Fee INR 5000000

Royalty/Commission 25 %

Details

Likely pay back period of capital for a Unit Franchise 0-0 Months

Tora Cabs Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

West Bengal, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Madhya Pradesh, Bihar, Jharkhand

Union Territories

Pondicherry, Chandigarh

 

Tora Cabs Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 2500 - 4000 Sq.ft

Preferred location of unit franchise outlet Commerical

Tora Cabs Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location Local City

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Tora Cabs Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Tora Cabs Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a Tora Cabs franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Tora Cabs franchise fee, Tora Cabs franchise cost, Tora Cabs apply process and more. Our team will guide you during the process to avail Tora Cabs franchise.

Interested in Tora Cabs Franchise? Apply here

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