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.
2020-07-04
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. Then in further February 2015 it was sold to Snapdeal in an all stock deal. Read More. Ola Shuts Down TaxiForSure Operations. Ola has shut down the operations of TaxiForSure, its former rival firm which it had acquired in 2015. Also, Aprameya Radhakrishna along with Mayank Bidwatka founded online cab booking service TaxiForSure, which was sold to Ola Cabs.
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. He is now investing in others' early stage ventures. Both Bidawatka and Radhakrishna — are serial entrepreneurs, the latter having previously founded TaxiForSure and sold it to the unicorn Ola— were always working on an Indian alternative Radhakrishna has also founded the online can booking service TaxiForSure, which was sold to Ola cabs. Koo's parent company is Bombinate Technologies Pvt Ltd. It also launched the Indian version of Radhakrishna was also behind the online cab service TaxiForSure, which was later sold to Ola Cabs. Koo gained limelight after it won the Prime Minister’s Aatmanirbhar App Challenge last year, along with other homegrown apps like Chingari which has been positioning itself like a Made In India TikTok.
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
Ola Shuts Down TaxiForSure Operations. Ola has shut down the operations of TaxiForSure, its former rival firm which it had acquired in 2015.
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
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. 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 TaxiForSure.com has raised a total of $44M in funding over 4 rounds. Their latest funding was raised on Aug 20, 2014 from a Series C round. TaxiForSure.com is funded by 4 investors. Accel and Helion Venture Partners are the most recent investors. TaxiForSure.com has invested in galleri5 on Oct 31, 2015.
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. After weeks of rumors, finally, today Ola has announced that it has acquired TaxiForSure, for $200 mn in a cash and equity deal.
Naturresurser
Prior to Koo, its parent company — Bombinate Technologies Pvt Ltd — launched and is operating the Indian version of Quora called Vokal.
But the thought of starting up on his own occurred to him when TaxiForSure was acquired by Ola in 2015. “They knew the company was getting sold and many were ready to leave.”
Glassdoor gives you an inside look at what it's like to work at TaxiForSure.com, including salaries, reviews, office photos, and more. This is the TaxiForSure.com company profile. All content is posted anonymously by employees working at TaxiForSure.com.
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2 Mar 2015 Indian cab-hailing service Ola has bought rival TaxiForSure for $200 million in cash and stock in the first sign of consolidation in India's nascent
He is now investing in others' early stage ventures. Both Bidawatka and Radhakrishna — are serial entrepreneurs, the latter having previously founded TaxiForSure and sold it to the unicorn Ola— were always working on an Indian alternative Radhakrishna has also founded the online can booking service TaxiForSure, which was sold to Ola cabs. Koo's parent company is Bombinate Technologies Pvt Ltd. It also launched the Indian version of Radhakrishna was also behind the online cab service TaxiForSure, which was later sold to Ola Cabs. Koo gained limelight after it won the Prime Minister’s Aatmanirbhar App Challenge last year, along with other homegrown apps like Chingari which has been positioning itself like a Made In India TikTok.
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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.
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.