TaxiForSure plans hiring, discounts strategies to spread customer baseTaxiForSure is one fourth the size of Ola which has about 44,000 drivers on its network. Ola’s Bhavish Aggarwal declined to comment for thi...
23 Apr, 2015, 04.00 AM IST
M&As zoom 7-fold in startup spaceAs many as 34 M&As have happened so far, compared to just five last year till April end. There were a total of 46 deals in 2014, which mean...
20 Apr, 2015, 11.22 AM IST
Ola acquires India's second-largest cab aggregator TaxiForSure for $ 200 mnThe top brass and all 1,700 employees will continue to work with TaxiForSure, with Arvind Singhal (current COO) being appointed the CEO.
19 Mar, 2015, 12.46 PM IST
Ola buys TaxiForSure for Rs 1,237 crore in a cash-and-stock dealIndia’s largest taxi aggregator Ola has bought smaller rival TaxiForSure for Rs 1,237 crore ($200 million) in a cash-and-stock deal.
03 Mar, 2015, 05.11 AM IST
TaxiForSure co-founders may step down after merger with Ola, other employees likely to be retainedOla is in an advanced stage of finalising a deal to buy TaxiForSure at an estimated $200 million in stock, as it sets to take on Uber.
17 Feb, 2015, 07.04 AM IST
Why Uber missed a ride to drive TaxiForSure and swung deal Olacabs' wayDeal swung Ola’s way as investors felt that the Indian company, valued at $660 million in its last round of funding, is better value for mo...
30 Jan, 2015, 11.58 AM IST
Olacabs to buy TaxiForSure to take on competitors like Uber; deal likely at Rs 1,250 croreAccording to three people directly involved in the negotiations, Olacabs, backed by Japan's SoftBank, will pay cash and offer stock.
29 Jan, 2015, 10.57 AM IST
TaxiForSure, Ola accede to compliance by transport authorities to resume operations in DelhiDelhi transport department banned all taxi apps after the rape of a woman passenger last month allegedly by a driver on the Uber network.
12 Jan, 2015, 08.13 AM IST
TaxiForSure scouts for funds, investors wait for more clarity post Uber incidentWhile industry sources tell ET that foreign investors are waiting for clarity before investing in TaxiForSure, some say it’s a good bet for...
29 Dec, 2014, 08.05 AM IST
Professionals are signing up as part-time drivers with taxi app companies to supplement incomesThese part-time drivers are employed in other professions & have valid commercial vehicles. They use the extra money to finance their passi...
24 Dec, 2014, 02.58 PM IST
Uber rape case fallout: Ola Cabs and TaxiForSure looking to buy radio taxi operatorsAfter an Uber driver allegedly raped a 27-year-old passenger, Delhi Transport Department issued a public notice banning all web app-based t...
22 Dec, 2014, 08.20 AM IST
Delhi rape case: 5 reasons why banning taxi companies may not be a good ideaDrivers earn more, riders pay less... City commuting was never this convenient. Why the ban then?, ask users and investors.
10 Dec, 2014, 07.06 AM IST
Cab-booking services under scanner following rape in taxiUber, which follows the 'aggregator model', is largely popular among private sector executives whose work hours often stretch late into the...
08 Dec, 2014, 08.37 PM IST
Before offering auto-rickshaw ride, TaxiForSure to launch its lowest-cost segment using Tata Nano“Apart from being cost-effective, Nanos are also compact cars and help get around roads faster,” said Raghunandan G, CEO of TaxiForSure sai...
24 Nov, 2014, 10.25 AM IST
Nano taxis set to trigger new fare war in BengaluruThis could mean the death of autorickshaws. Cab aggregators TaxiForSure and Ola will soon introduce Tata Nanos as part of their fleet, and ...
19 Nov, 2014, 08.25 AM IST
TaxiForSure in talks to raise $60 million“We are looking for an investor who is strategic and deep pocketed,” said Aprameya Radhakrishna, co-founder at Taxi-ForSure.
19 Nov, 2014, 08.23 AM IST
TaxiForSure launches Chennai operationsBangalore-based Serendipity Infolabs that runs online taxi rental company TaxiForSure has launched its operations in Chennai.
07 Nov, 2013, 05.55 PM IST