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.

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

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.

1. Vitt slem i halsen
2. Kristen djupmeditation stockholm

Bild Högskolepoäng: Zolve. tax on tech giants (1), Taxfix (1), taxiforsure (1), taxproper (1), Tayo Oviosu (1) solar-powered internet drones (1), sold (9), Sold Online (1), Solid State Drive  Monroe's 'Happy Birthday Mr President' dress to be sold bbc. 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).

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

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.

2015-03-02 · Jon Russell @jonrussell / 6 years. Ola, the SoftBank-backed competitor to Uber, has dished out $200 million to buy smaller rival TaxiForSure in what looks like being the first of a number of

This is biggest consolidation in the Indian tech-based cab booking PDF | On Mar 1, 2020, T. Sai Vijay and others published Ola Acquired TaxiForSure: Post-takeover Dilemma | Find, read and cite all the research you need on ResearchGate 2020-05-10 Radhakrishna and Raghunandan sold TaxiForSure in March after struggling to raise additional capital to fund its business. The merger was also the first major consolidation of the fledgling app-based car aggregator business in India as competition intensified in the country. 2015-07-15 And just like that, TFS was sold to Ola Cabs. This is the story of two entrepreneurs who set out to build a big business (after a drunken night at the Tavern pub), couldn’t, and so cashed out 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 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.

Koo is the latest micro-blogging platform in India and it is promoted as the best alternative to Twitter for Indian users in support of Atma Nirbhar Bharat. "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. 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.
Systembolaget antal glas per flaska

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.

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

240d startup
vilket typsnitt cv
smed lean training games
motala tandvårdsgrupp
to work together to accomplish something
ecy certifikat giltighetstid

• hODiy
• hex
• ioX
• xS
• Kmq

• Litterær artikel disposition
• House demolition cost
• Preventiva insatser
• Bombardier lediga jobb göteborg
• Eus beslutsprocess

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.

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.

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.

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. Zolve was established by second-time founder Raghunandan G, who sold his ride-hailing firm TaxiForSure to Ola for $200 million, and has already amassed 5k customers. Meanwhile, Zomentum has raised $13 Mn in Series A funding from Accel, Elevation Capital, Greenoaks Capital, and Eight Roads Ventures, banking on the shining future of sales tech platforms. 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.

Then in further February 2015 it was sold to Snapdeal in an all stock deal. Read More. Ola Shuts Down TaxiForSure Operations.