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.

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2, 201 5, from http://yourstory.com/201 4/06/ola-taxiforsure-uber. Estimated to be around INR480 billion (US$8 billion), the taxi market was projected to gr ow at 17–20 per cent

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). 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.

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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.

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.

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).

2021-02-18

Ola's cash reserves are starting to run dry.

This is the TaxiForSure.com company profile.
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Taxiforsure sold

"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.

Accel and Helion Venture Partners are the most recent investors. TaxiForSure.com has invested in galleri5 on Oct 31, 2015.
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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. 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.


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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

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. Ola acquires TaxiForSure for $200 million.