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!

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

News and Trends

Tech Burner's Anarc Smartwatch Achieves INR 3 Cr Sales with USD 1 Mn Investment

Anarc features a patented octagonal design by Thought Over Design and Seymourpowell, with a medical-grade stainless steel body. It includes advanced technology like a Hisilicon chipset, AMOLED display, and seven-day battery life.

Business Solutions

Get Down to Business with Lifetime Access to Microsoft Office 2021 for Mac for 70% Off

Unlock essential Office tools with a one-time purchase — ideal for entrepreneurs and professionals looking to streamline their workflow.

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.

Marketing

4 Neuromarketing Hacks to Reach More People and Maximize Results

You don't need to be a neuroscientist or have a big budget to start upping your conversions immediately.

Science & Technology

How AI-Driven Knowledge Can Build a Smarter Culture in Your Organization

AI is changing the way we share knowledge and reducing gaps that hinder collaboration and productivity. Many questions have been raised about the impact full AI integration will have on team culture. For me, it represents empowerment and an opportunity to create a continuous learning environment.