South Africa - Startup under 3 years old
Individual
participation
TOTM_
Our platform is a transportation network that not only meets current demands but anticipates future needs, ensuring sustained growth for all stakeholders involved. Through strategic location that are found at landmarks and popular stops. riders can book.
Documents
TOTM_
Describe your project or startup in a few words
Our platform is a transportation network that not only meets current demands but anticipates future needs, ensuring sustained growth for all stakeholders involved. Through strategic location that are found at landmarks and popular stops. riders can book.
01.01 Describe your startup in more detail
Our purpose is to elevate and expand the current taxi business model to unparalleled heights. Our platform is a transportation network that not only meets current demands but anticipates future needs, ensuring sustained growth for all stakeholders involved. Adding a R3 mark-up on all fairs through strategic location that are found at landmarks and popular stops. These strategic locations will located in every direction your taxi travels, from and to their destination and back to base according to their routes.
01.02 What is the main problem you are trying to solve?
Digitalization.
01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).
1. Offering customers swift access and convenience to taxi’s. 2. Reducing the average transportation waiting/travel time. 3. No more uncertainty when waiting. 4. Customers can even earn rewards for referring new users to the TOTM platform. 5. Introducing customer loyalty programs with TOTM. 1. Drivers know exactly where to locate their customers. 2. Drivers won’t have to drive around looking for customers, saving the business time money and fuel. 3. Drivers can operate efficiently without waiting for the taxi marshals to call. 4. maximizing the utility of the taxi and reduce waiting time. • Owners earn 16 payments in a 12 month financial year. (Profit sharing) Per Quarter • Associations/Owners will have the data to determine on how many new taxi's to be added • We save taxi owners the energy and time of running the business. • Owners will keep up with the rising and demanding operational costs • It will be so simple we streamline the business management.
01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?
Our commitment at TOTM is to create a sustainable and thriving ecosystem that benefits not only the taxi industry but also the daily commuters we serve. Taxi operators and Customers
01.05 When was your company established?
2023-01-19
01.06 Are you already selling your product/service?
Yes
01.07 How many other owners are there within your startup?
5
01.08 Among the other owners, how many are female?
1
01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)
We are a small start up. We have two founders. Three developers who are founding team members which make them shareholders as well. My CPO is
01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:
01.11 Which industry best describes your project?
h) IT (digital services, equipment and software)
02.01.01 My startup contributes to the No poverty goal
4
02.01.02 No poverty - Justification for my startup
Not answered02.02.01 My startup contributes to the Zero hunger goal
4
02.02.02 Zero hunger - Justification for my startup
02.03.01 My startup contributes to the Good health and well-being goal
4
02.03.02 Good health and well-being - Justification for my startup
Not answered02.04.01 My startup contributes to the Quality education goal
4
02.04.02 Quality education - Justification for my startup
Not answered02.05.01 My startup contributes to the Gender equality goal
7 - Strongly Agree
02.05.02 Gender equality - Justification for my startup
We definitely want find more female talent but not a lot of are not fond of the start up life.
02.06.01 My startup contributes to the Clean water and sanitation goal
1 - Strongly Disagree
02.06.02 Clean water and sanitation - Justification for my startup
Not answered02.07.01 My startup contributes to the Affordable and clean energy goal
1 - Strongly Disagree
02.07.02 Affordable and clean energy - Justification for my startup
Not answered02.08.01 My startup contributes to the Decent work and economic growth
7 - Strongly Agree
02.08.02 Decent work and economic growth - Justification for my startup
TOTM creates job opportunities for drivers and operational staff, promoting decent work and economic growth. The profit-sharing models provide financial stability for fleet owners and drivers.
02.09.01 My startup contributes to the Industry innovation and infrastructure
7 - Strongly Agree
02.09.02 Industry innovation and infrastructure - Justification for my startup
TOTM leverages advanced technology and machine learning to optimize transportation routes, contributing to innovation in the transportation industry. we also contribute to the infrastructure that commuters will request from.
02.10.01 My startup contributes to the Reduced inequalities goal
4
02.10.02 Reduced inequalities - Justification for my startup
Not answered02.11.01 My startup contributes to the Sustainable cities and communities goal
7 - Strongly Agree
02.11.02 Sustainable cities and communities - Justification for my startup
By improving the efficiency of taxi services and integrating package delivery, TOTM enhances urban mobility and contributes to the development of sustainable cities and communities. Connecting communities through business.
02.12.01 My startup contributes to the Responsible consumption and production goal
5
02.12.02 Responsible consumption and production - Justification for my startup
TOTM’s optimization of routes can lead to more efficient use of resources, such as fuel. However, the environmental impact of increased vehicle use needs to be managed carefully. We would reduce private car commuting to work.
02.13.01 My startup contributes to the Climate action goal
5
02.13.02 Climate action - Justification for my startup
The potential reduction in fuel consumption due to route optimization contributes positively to climate action. Nonetheless, the overall environmental impact of additional vehicle use requires continuous monitoring and mitigation efforts, such as transitioning to electric vehicles.
02.14.01 My startup contributes to the Life below water goal
1 - Strongly Disagree
02.14.02 Life below water - Justification for my startup
Not answered02.15.01 My startup contributes to the Life on land goal
4
02.15.02 Life on land - Justification for my startup
Not answered02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal
7 - Strongly Agree
02.16.02 Peace Justice and Strong Institutions- Justification for my startup
The taxi is notorious for it's violence and so we hope to a large extent we can reduce it and eventually get rid of it.
02.17.01 My startup contributes to the Partnerships for the goal
7 - Strongly Agree
02.17.02 Partnerships for the goal - Justification for my startup
TOTM's business model emphasizes partnerships with major brands for advertising, daily commuting as well as collaboration with various stakeholders in the transportation sector
06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.
7 - Strongly Agree
06.02 The product/service represents an entirely new type of product/service.
1 - Strongly Disagree
06.03 The product/service could be described as a new technology.
6
06.04 The product/service is an improvement on an existing product or service.
7 - Strongly Agree
06.05 The product/service could be described as an extension of a range of products or services.
7 - Strongly Agree
06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.
7 - Strongly Agree
06.07 The product/service is a new version of an old product/service.
7 - Strongly Agree
06.08 Justification for my startup
The taxi industry already transports 16 million people per day. Us using QR-codes to pick up customer requests at strategic locations and popular stops would be seen as a new way of doing things. People in the industry and eager about positive change that technology can bring for their business. People within the industry want to digitalize and ensure continuity to compete with relatively new e-hailing companies. Ultimately at the end of the day we aren't solving one particular problem. Like cashless transactions, finding customers, or basic accounting system for your taxi operators but we are coming with up a solution that ensures the taxi business is sustainable. Our model ensures taxi operators can benefit from other operators more profitable routes without cutting into their income through our profit sharing system.
06.09 Competitive Analysis
Lula Loop. Loop Standardbank Uber Bolt Shesha Buses Trains - Prassa We stand out because we understand that sometimes the problem we want to fix is broken. In most cases when that is the case it is a business model issue or rather there are holes in the business model that need to be patched up.
11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?
Not really, I do volunteer at the Youth Desk at my local police station. We go around spreading awareness campaigns for Gender based violence because it is a big problem in my country.
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