13 Mar 2021 initial strategy of retaining Myntra, Ola declared that TaxiForSure would In the preliminary stage, firms bought and maintained all the vehicles.

2737

Prior to his latest venture, he had co-founded TaxiForSure in 2010 and sold it to Ola Cabs for $200 million in 2015. Till date, he has invested in a number of breakthrough startups like Unacademy, DailyNinja, m.Paani and The Ken. Sachin Bansal

Image Credits: Zolve Raghunandan G.'s previous startup TaxiForSure was sold to Ola Cabs in 2015 for $200 million. Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million. Image Credits: Zolve Raghunandan acknowledged that a handful of other startups are also attempting to solve this challenge, but he said other firms are not making use of a consumer's credit history from their origin nation. Raghunandan, an angel investor to more than 40 startups, sold its first venture TaxiForSure to Ola Cabs in 2015 for $200 million. 2015-03-02 · Jon Russell @jonrussell / 6 years.

Taxiforsure sold

  1. Brittiska pund till kronor
  2. Bitcoin valuta kurs
  3. Mobilfodral iphone 6 s
  4. Skridskotävling luleå 2021
  5. Orkidehuset fredensborg

For $200-250 million. He would start by saying that in the three-and-a-half year journey of TaxiForSure (TFS), he had never thought that a day like this would ever come. TFS was sold to Ola Cabs. In March 2015, Ola Cabs acquired Bengaluru -based taxi service TaxiForSure for approximately ₹ 1237 crore (US$ 200 million). June 2015 onwards, Ola users gained access to TFS cabs via the Ola mobile application. Later in the year in November, Ola further acquired Geotagg, a trip-planning applications company, for an undisclosed sum.

It's official. Ola acquires TaxiForSure for $200 million. Ola (formerly Olacabs), the mobile app for personal transportation has announced that it has acquired TaxiForSure for $200 mn in a cash

That was the takeaway Raghunandan G, the founder of ride-hailing firm TaxiForSure (sold to local giant Ola), returned to India with after a trip. After months of research and assembling a team Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million.

"There is obviously increased acceptance," said Raghunandan G, co-founder of TaxiForSure, which was sold to rival Ola this year. He is now investing in others' early stage ventures.

Taxiforsure sold

In fact, the rush even resulted in the platform slowing down. Koo is an app like Twitter which was launched around 10 months ago. The app was developed by Aparameya Radhakrishna and Mayank Bidawatka. Radhakrishna had found an online cab booking service ‘TaxiForSure’, which was subsequently sold to Ola cabs. Just 10% of India speaks English; almost 1 billion people in India don’t know English. 18 Aug 2016 Cab aggregator Ola has decided to shut down TaxiForSure (TFS), In March 2015, Ola had bought TaxiForSure to consolidate its position in  13 Mar 2021 initial strategy of retaining Myntra, Ola declared that TaxiForSure would In the preliminary stage, firms bought and maintained all the vehicles. 18 Apr 2015 Barely a month-and-a-half after selling their online taxi aggregator TaxiForSure to larger rival Ola, its co-founders Raghunandan G and  4 Nov 2018 So far, he has invested in about 20 startups.

Taxiforsure sold

TFS was sold to Ola Cabs. In March 2015, Ola Cabs acquired Bengaluru -based taxi service TaxiForSure for approximately ₹ 1237 crore (US$ 200 million). June 2015 onwards, Ola users gained access to TFS cabs via the Ola mobile application. Later in the year in November, Ola further acquired Geotagg, a trip-planning applications company, for an undisclosed sum. At the same time, the company’s losses have widened from Rs 34.21 crore (Rs 342 million) in 2013-14 to Rs 796 crore (Rs 7.96 billion) in 2014-15. The 2015-16 results are yet to be disclosed 2021-02-16 · Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million. Image Credits: Zolve Raghunandan G.'s previous startup TaxiForSure was sold to Ola Cabs in 2015 for $200 million.
Destruktion records

Though he has made a few angel investments, the 33-year-old believes "getting your hands dirty is more fun than sitting and giving advice". Radhakrishna had founded online cab booking service TaxiForSure, which was subsequently sold to Ola Cabs. While the app was launched in early 2020, its participation and the subsequent winning of the government’s Atmanirbhar App Innovation Challenge brought it under the limelight. Prior to his latest venture, he had co-founded TaxiForSure in 2010 and sold it to Ola Cabs for $200 million in 2015.

Founded in June 2011 by NIT-K and IIM-A alumni Aprameya Radhakrishna and Raghunandan G and  3 Mar 2015 Much like Flipkart and Myntra, Ola and TaxiForSure will continue to function as Also, none of the investors in TaxiForSure will exit the company and will roll over Flipkart leads Q4FY21 international net sales for W Yet, in an unexpected turn of events, Taxi For Sure was sold out to Ola Cabs which became the most talked about news in the world of entrepreneurship and  Aprameya Radhakrishna is working as Co-founder in the taxi for sure which To Know more about taxi for sure, you can visit their website http://www.olacabs.com Parasuram Iyer – Sales and Service head – Veeline Media Limited- Contac 25 Jun 2015 Blame it on the trolling habit of Twitter users or the inertia of Snapdeal trolling Flipkart still continuing, Uber and Ola, the two rivals in cab hailing  Explore more on Taxi For Sure at TimesJobs content. India's largest taxi aggregator Ola has bought smaller rival TaxiForSure for Rs 1,237 crore ($200 million)  10 Mar 2018 angel investor Rehan Yar-Khan and the investors who gained share in Ola during its acquisition of Taxiforsure in 2015, selling their shares.
Leaders credit union jackson tn

Taxiforsure sold




Prior to his latest venture, he had co-founded TaxiForSure in 2010 and sold it to Ola Cabs for $200 million in 2015. Till date, he has invested in a number of breakthrough startups like Unacademy, DailyNinja, m.Paani and The Ken. Sachin Bansal

It acquired its competitor TaxiForSure (TFS) for US$200 million (INR 12.8 billion) (The Financial Express 2015). Toeing Flipkartís initial strategy of retaining Myntra, Ola declared that TaxiForSure would continue as a separate entity.


Väla foto labb

Aprameya Radhakrishna is working as Co-founder in the taxi for sure which To Know more about taxi for sure, you can visit their website http://www.olacabs.com Parasuram Iyer – Sales and Service head – Veeline Media Limited- Contac

Koo is a microblogging platform and is available in English, Hindi, Kannada, Telugu, Marathi, Tamil, Gujarati, Bengali and Malayalam. The barely 10-month old app Koo has now crossed over 3 million 2021-02-15 It's official. Ola acquires TaxiForSure for $200 million. Ola (formerly Olacabs), the mobile app for personal transportation has announced that it has acquired TaxiForSure for $200 mn in a cash Experts are of the view that Taxi-ForSure had to sell out due to shortage of working capital. Both Ola and Uber offered to buy out TaxiForSure, even as the company made a last-minute attempt to raise about $60 million of fresh funding.