Zolve raises $15 million for its cross-border neobank aimed at global
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2015-07-15 And just like that, TFS was sold to Ola Cabs. This is the story of two entrepreneurs who set out to build a big business (after a drunken night at the Tavern pub), couldn’t, and so cashed out At the same time, the company’s losses have widened from Rs 34.21 crore (Rs 342 million) in 2013-14 to Rs 796 crore (Rs 7.96 billion) in 2014-15. The 2015-16 results are yet to be disclosed In March 2015, Ola Cabs acquired Bengaluru -based taxi service TaxiForSure for approximately ₹ 1237 crore (US$ 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. 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.
Also, Aprameya Radhakrishna along with Mayank Bidwatka founded online cab booking service TaxiForSure, which was sold to Ola Cabs. Before getting popular with Koo, its parent company — Bombinate Technologies Pvt Ltd — launched and is operating the Indian version of Quora called Vokal. 2021-02-11 2021-02-11 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. 2021-02-18 2018-05-06 2021-02-18 Who is behind the Koo App? The microblogging site was co-founded by entrepreneurs Aprameya Radhakrishna and Mayank Bidwatka.
Zolve raises $15 million for its cross-border neobank aimed at global
Though he has made a few angel investments, the 33-year-old believes "getting … TaxiForSure is here to simplify your daily need of a ride to office, movies or shopping. Download our app for iOS / Android / Windows: www.tfs.my/app Radhakrishna’s move comes less than a month after his last day at TaxiForSure, the company he and Raghunandan G sold to rival Ola for $200 million. From founding TaxiForSure to working for the next billion, – Aprameya Radhakrishna has been asked this question since 2015 when he and co-founder Raghunandan G sold TaxiForSure to rival Ola. Taxiforsure Founder invests in Vyomo This is less than a month after his last day at TaxiForSure, the cab aggregator he and Raghunandan G sold to bigger rival Ola for a neat $200 million (Rs 1,200 Earlier, Radhakrishna also founded ride-hailing firm TaxiForSure and sold it to Ola for $200 million in 2016.
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Download our app for iOS / Android / Windows: www.tfs.my/app Radhakrishna’s move comes less than a month after his last day at TaxiForSure, the company he and Raghunandan G sold to rival Ola for $200 million. From founding TaxiForSure to working for the next billion, – Aprameya Radhakrishna has been asked this question since 2015 when he and co-founder Raghunandan G sold TaxiForSure to rival Ola. Taxiforsure Founder invests in Vyomo This is less than a month after his last day at TaxiForSure, the cab aggregator he and Raghunandan G sold to bigger rival Ola for a neat $200 million (Rs 1,200 Earlier, Radhakrishna also founded ride-hailing firm TaxiForSure and sold it to Ola for $200 million in 2016. 2021-02-11 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. 2020-07-04 "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 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.
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 $200-250 million. That was the takeaway Raghunandan G, the founder of ride-hailing firm TaxiForSure (sold to local giant Ola), returned to India with after a trip.
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In March 2015, Ola Cabs acquired Bengaluru -based taxi service TaxiForSure for approximately ₹ 1237 crore (US$ 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.
They would not have got all their money worth of equity upon acquisition. 8 Jul 2019 If you want to learn how to turn your idea into a product and scale it, then this course is for you. Raghunandan teaches budding entrepreneurs,
23 Feb 2015 And it's about to get more unequal.
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Toeing Flipkartís initial strategy of retaining Myntra, Ola declared that TaxiForSure would continue as a separate entity. 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. 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 After weeks of rumors, finally, today Ola has announced that it has acquired TaxiForSure, for $200 mn in a cash and equity deal. This is biggest consolidation in the Indian tech-based cab booking 2015-07-15 · 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).