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ZayRide Addis Ababa based on-demand taxi service

My name is Habtamu Tadesse, founder of ZayRide, and I am currently on the fast track to transforming the taxi hailing sector in Ethiopia.

Since its launch in our capital city of Addis Ababa, ZayRide has already gained over 12000 registered users, and completed over 1000 rides. Feedback has been overwhelmingly positive, with persons spending less times waiting for taxis, no longer needing to walk long distances to main roads just to get a ride. Safety is one of our biggest concerns, and drivers go through extensive background checks, so we know who they are, where they are,, and what they look like. The ZayRide app itself has been built to function on slower internet speeds, so it has the potential to be applied anywhere in Africa, with minimalized features and low resolution images.

Fundraising

This venture is seeking finance for their venture. Are you an investor? Check out the Pro Account to see the details.

Idea

We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We plan to execute a proven concept in a growing market.
We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We plan to execute a proven concept in a growing market.

Headquartered in Addis Ababa, ZayRide is a customer centric on-demand taxi service offering fast, convenient service throughout the local area. With ZayRide, you get fully licensed, experienced drivers who have had a thorough background check to ensure the safety of our passengers. Our taxis are clean, comfortable and well maintained.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Habtamu Tadesse is the founder and CEO of hayride. Yonas Habtemariam is our software engineer. Zekulu Zewdu is our Marketing manager. Solomon Lemma is our finance.


Product

We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.
We have a working product and you can request a demonstration. We have developed the product ourselves and own all of the IP for the product.

Our application is available in both App store and Google play for free of charge. Customers are currently using it to hail a taxi

Revenue

We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We have a cash-flow prognosis. We already have revenue from paying customers.
We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We have a cash-flow prognosis. We already have revenue from paying customers.

Our revenue model is commission. We take 15% from from ride.

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates

More info