Get All Access for $5/mo

Franchise India Invests $3 Mln in This Kolkata-based Logistics App The app is being looked at a revolutionary step in the global space mobile apps market.

By Komal Nathani

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Franchise India, a company that provides franchise opportunities in India, has invested worth $3 million in TYGR, a Kolkata-based logistics app run by Savetur Digital Pvt. Ltd.

TYGR is a mobile application that connects passengers universally to the transport like traditional medallion cabs, bike taxis, bus services, auto-rickshaws etc.

The flagship product of Savetur Digital, TYGR, is at first a B2B and then a B2C market place. The app is founded by Aditya Poddar and Dipanjan Purkayastha, who started operations in the earlier this year.

The USP of TYGR app is its zero-surge-pricing scheme, which would attract every user as it can be installed at free of cost by users.

The app is aimed at eliminating commission on fares, and run a multi-modal transport fare options. Therefore, the users don't have to worry about price surging at any time for their daily transport expense.

In the early months of this year, TYGR has got installed with around 2000 cabbies and 500 bikes in Kolkata, and have future plans to raise 1,00,000 cabbies in 12 months. Currently, the app provides services in Kolkata. The company also intends to expand their operations in U.S and U.K market as well.

What makes TYGR different from other transport apps like Uber and Ola is that TYGR is the first of its kind app in the world to automate commercial road transport on a global scale.

The app is being looked at a revolutionary step in the global space mobile apps market.

Komal Nathani

Former Correspondent, Entrepreneur Asia Pacific

A firm believer of hard work and patience. Love to cover stories that hold a potential to change the momentum of business world. Currently, a part of all-women web team of Entrepreneur’s Asia Pacific edition to jig the wheel of business journalism!

Business Solutions

Right Now, You Can Get More Than 310 Hours of IT Training for Just $50

Stay ahead in tech with the CompTIA Super Bundle.

Business News

Here's What the CPI Report Means for Your Wallet, According to JPMorgan and EY Experts

Most experts agree that there will be another rate cut next week.

News and Trends

growX Ventures Launches Fund II with a Target Corpus of INR 400 Cr

Fund II aims to target early-stage and growth-stage investments, backing 20–24 startups in deeptech sectors. It plans to deploy INR 10 crore in seed and INR 20–30 crore in Series B rounds.

Operations & Logistics

The Holidays Mean Vacation Time — But Disaster Can Still Strike. Is Your Crisis Plan Ready?

Holidays mean different working hours for companies and different schedules for employees that take off. Before you and your team enjoy some much deserved time off, it is important to put a crisis management plan in place so your business is ready to tackle any issue that crops up.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

As a Leader, Take These 5 Steps to Bridge the Gap Between Innovation and Execution

Companies that want to turn ideas into action must align their people and listen to their customers.