Raghunandan, an angel investor to more than 40 startups, sold its first venture TaxiForSure to Ola Cabs in 2015 for $200 million.

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Ola integrates TaxiForSure amid reported lay-offs Indian biggest ride-hailing company Ola is 8 claps Ola (formerly Olacabs), the mobile app for personal transportation has announced that it has acquired TaxiForSure for $200 mn in a cash and equity deal. BENGALURU: India’s largest taxi aggregator Ola has bought smaller rival TaxiForSure for Rs 1,237 crore ($200 million) in a cash-and-stock deal that sets the stage for greater competition between the SoftBank backed Bengaluru-based firm and its San Francisco-headquartered rival Uber in the fast-growing market for app-based taxi services. TaxiforSure (TFS) was an outcome of a drunken discussion between two friends — Aprameya Radhakrishna and G Raghunandan, who share two alma maters (NIIT Karnataka and IIM-Ahmedabad). At the start of 2015, the three-year-old Bengaluru company was acquired by rival Ola Cabs for $200 million. Raghunandan G.'s previous startup TaxiForSure was sold to Ola Cabs in 2015 for $200 million. Even as all this was happening, on the morning of 28 January, The Times of India ran a story, citing people it didn’t name, that Ola Cabs would acquire TaxiForSure. For $200-250 million.

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. 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.

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.

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).

Raghunandan G.'s previous startup TaxiForSure was sold to Ola Cabs in 2015 for $200 million.

The company had to achieve price parity if it sold the same products from two different platforms. be the second biggest acquisition after Flipkart bought Myntra for $370 last year. Taxiforsure is another taxi aggregator launches taxi service rapidly across Serendipity Infolabs (TaxiForSure.com)MDI, Gurgaon Specialties: Experienced at managing regional operations/ sales, Leading & Developing Teams, Key 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, 1 Jun 2015 Aprameya and Raghunandan G (co-founder TaxiForSure) had sold Taxiforsure to rival Ola for $200 Mn (INR 1,200 Cr.). 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.

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. 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.
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2021-02-11 · He had previously founded ride-hailing firm TaxiForSure and later sold it to Ola for $200 million in 2016 .
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2021-02-17

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.

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be the second biggest acquisition after Flipkart bought Myntra for $370 last year. Taxiforsure is another taxi aggregator launches taxi service rapidly across

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.

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

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. 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.

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.