TaxiForSure 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...

The top brass and all 1,700 employees will continue to work with TaxiForSure, with Arvind Singhal (current COO) being appointed the CEO.

India’s largest taxi aggregator Ola has bought smaller rival TaxiForSure for Rs 1,237 crore ($200 million) in a cash-and-stock deal.

Large pools of capital are gravitating towards a few while many more are being left to deal with the detritus washing up in its wake.

Ola 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.

Deal 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...

According to three people directly involved in the negotiations, Olacabs, backed by Japan's SoftBank, will pay cash and offer stock.

While industry sources tell ET that foreign investors are waiting for clarity before investing in TaxiForSure, some say it’s a good bet for...

Taxi services aggregators OlaCabs and TaxiForSure have tapped navigation technology provider MapmyIndia to install GPS and tracking devices...

"Here was an industry building a few billion dollars in value but you are desperately scuttling it," said an investor in TaxiForSure.

The ban, which was announced on December 8, comes two days after an Uber-registered driver allegedly raped a woman passenger late last week.

Drivers earn more, riders pay less... City commuting was never this convenient. Why the ban then?, ask users and investors.

“We are looking for an investor who is strategic and deep pocketed,” said Aprameya Radhakrishna, co-founder at Taxi-ForSure.

Taxi aggregator Olacabs has offered to ferry sweet boxes and greeting cards across 16 cities this festival season.

Uber is in talks with firms providing digital wallets and payment gateways in India as it looks to become compliant with local regulations.

This is the latest in a string of transactions in the country's burgeoning online cab rental services market over the past 12 months.

The Bangalore-based co will receive about $10 mn, led by Bessemer Venture Partners , according to several people directly involved in the d...