15 Jul 2015 At the start of 2015, the three-year-old Bengaluru company was acquired by rival Ola Cabs for $200 million. After exiting the venture,

Soft-spoken and studious, Radhakrishna is a serial entrepreneur: in 2015, he sold his first company, a ride-sharing app called TaxiForSure, to local giant Ola for $200 million. His latest venture is an app called Koo, a microblogging platform similar to Twitter but for local-language speakers in India, a country with more than 20 languages and over 700 dialects.

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. It acquired its competitor TaxiForSure (TFS) for US$200 million (INR 12.8 billion) (The Financial Express 2015).

6 Mar 2015 This is less than a fortnight after his last day at TaxiForSure, the cab aggregator he and Aprameya Radhakrishna sold to bigger rival Ola. 24 May 2012 TaxiForSure.com, a car rental and taxi aggregator operating in Bangalore, India, raised venture capital funding from Accel Partners, Helion 20 Apr 2015 Just a one and half month after selling their online taxi aggregator TaxiForSure to its rival Ola for $200 million in a cash and equity deal, 5 Dec 2014 Hyundai SUV Sales Crosses 1 Million Units Mark In India: Here Is A Detailed Report · Ola In Talks With German Luxury Carmakers For Self-Drive 2 Mar 2015 App-based cab hailing service Ola has acquired rival TaxiForSure for $200 million. The news is on expected lines after. 2 Mar 2015 TaxiForSure to continue as an independent entity; Arvind Singhal to lead as the Ola and TaxiForSure will continue to operate as separate entities. You must not reproduce, duplicate, copy, sell, resell or exploit any After 3 rounds, founders are believed to be less than 18% each in equity of the company. They would not have got all their money worth of equity upon acquisition.

Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million.

Prior to Koo, its parent company — Bombinate Technologies Pvt Ltd — launched and is operating the Indian version of Quora called Vokal. 2021-02-18 2018-05-06 2021-02-18 Who is behind the Koo App? The microblogging site was co-founded by entrepreneurs Aprameya Radhakrishna and Mayank Bidwatka.

Taxiforsure Founder invests in Vyomo This is less than a month after his last day at TaxiForSure, the cab aggregator he and Raghunandan G sold to bigger rival Ola for a neat $200 million (Rs 1,200

It's official. Ola acquires TaxiForSure for $200 million.

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.
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On his maiden 17 Feb 2021 TaxiForSure co-founder Raghunandan G's newest startup Zolve, sold its first venture TaxiForSure to Ola Cabs in 2015 for $200 million.

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. 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.
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The microblogging site was co-founded by entrepreneurs Aprameya Radhakrishna and Mayank Bidwatka. Radhakrishna had founded online cab booking service TaxiForSure, which was subsequently sold to Ola Cabs. Prior to Koo, its parent company — Bombinate Technologies Pvt Ltd — launched and is operating the Indian version of Quora called Vokal.

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. Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million.

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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

But both companies Ola Cabs TaxiForSure Acquisition: What It Means To The Cab Aggregation Market By Mohul Ghosh Last updated Apr 17, 2018 The nascent Indian taxi aggregation industry witnessed it’s first major Ola, the country's largest online cab aggregator, today acquired TaxiForSure for $200 mn in a cash and equity deal. This deal will definitely help Ola further deepen its footprint with TaxiForSure's operator-led model. The company says that even after acquisition, Ola and TaxiForSure will continue to operate as separate entities. 48 ola acquired taxiforsure: post-takeover dilemma In the meanwhile, Ola had raised INR2.5 billion (US$39.42 million) in funding and was investing in 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. In the words of Bhavish Aggarwal, CEO, Ola: TaxiForSure has a big focus on the lower end of the cab hire segment. It offers the Nano, the world’s cheapest car, and base fares start as low as 49 rupees (less than $1).

2021-02-11

Avanish Tiwary and Mengjuan Li Aprameya Radhakrishna of TaxiForSure fame, who sold his cab-hailing business in 2015 for… thepassage.cc Vokal in Times of India Earlier, Radhakrishna also founded ride-hailing firm TaxiForSure and sold it to Ola for $200 million in 2016. According to the ‘About’ section on the Koo website, the lets Indian users share Ola Cabs offers to book cabs nearby your location for best fares. For best taxi service at lowest fares, say Ola! Tens of thousands of students and professionals move out of India each year to pursue higher education and for work. Banks in the U.S., or in most other countries for that matter, rely on local "There is obviously increased acceptance," said Raghunandan G, co-founder of TaxiForSure, which was sold to rival Ola this year.

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. 2021-03-17 "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. 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.