Ola acquired its competitor Taxiforsure in March 2015. The company had to achieve price parity if it sold the same products from two different platforms.

2021-02-18

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.

Download our app for iOS / Android / Windows: www.tfs.my/app The migration to Koo, launched by Aprameya Radhakrishna who co-founded the cab-hailing app TaxiForSure in 2011 and sold it to Ola in 2015, was akin to how people switched from Twitter to another 2020-07-04 · Aprameya Radhakrishna is the director of Vokal, a vernacular forum for questions and answers. Before his new company, he co-founded TaxiForSure in 2010 and sold it to Ola Cabs for $200 million in 2015. Till the day, he’s participated in a variety of breakthrough startups and is on the top of the angel investors list. 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 From founding TaxiForSure to working for the next billion, – Aprameya Radhakrishna has been asked this question since 2015 when he and co-founder Raghunandan G sold TaxiForSure to rival Ola. 2021-02-10 · Prior to this, Radhakrishna had founded online cab booking service TaxiForSure, which was sold to Ola Cabs. To make it easier for the Indian audience, Koo has added support for regional languages such as Hindi, Bengali, Odia, Telugu, Kannada, Tamil, Malayalam, Gujarati, Marathi, Punjabi and Assamese.

2021-02-17

Image: ReutersPlatforms and marketplaces, which facilitate either communication between two groups or trade between sellers and buyers, go through the typical chicken-and-egg problem – to aggregate a decent number of 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 2021-02-10 2021-02-10 It was sold to Myntra in November 2012, only to be bought back again by the Founders in June 2013.

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

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.

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.
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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). But both companies Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million. Raghunandan, an angel investor to more than 40 startups, 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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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

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. Till date, he has invested in a number of breakthrough startups like Unacademy, DailyNinja, m.Paani and The Ken. Sachin Bansal Koo app was launched last year by Aprameya Radhakrishna who co-founded the cab-hailing app TaxiForSure in 2011 and had sold it to Ola in 2015. Image: Reuters TaxiForSure is here to simplify your daily need of a ride to office, movies or shopping. Download our app for iOS / Android / Windows: www.tfs.my/app The migration to Koo, launched by Aprameya Radhakrishna who co-founded the cab-hailing app TaxiForSure in 2011 and sold it to Ola in 2015, was akin to how people switched from Twitter to another 2020-07-04 · Aprameya Radhakrishna is the director of Vokal, a vernacular forum for questions and answers. Before his new company, he co-founded TaxiForSure in 2010 and sold it to Ola Cabs for $200 million in 2015.