Zolve raises $15 million for its cross-border neobank aimed at global

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Image Credits: Zolve Raghunandan acknowledged that a handful of other startups are also attempting to solve this challenge, but he said other firms are not making use of a consumer’s credit history from their origin nation. This is less than a fortnight after his last day at TaxiForSure, the cab aggregator he and Aprameya Radhakrishna sold to bigger rival Ola. The easier role of a mentor is not for him. Though he has made a few angel investments, the 33-year-old believes "getting your hands dirty is more fun than sitting and giving advice". Radhakrishna had founded online cab booking service TaxiForSure, which was subsequently sold to Ola Cabs. While the app was launched in early 2020, its participation and the subsequent winning of the government’s Atmanirbhar App Innovation Challenge brought it under the limelight.

Taxiforsure sold

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The app was developed by Aparameya Radhakrishna and Mayank Bidawatka. 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. 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. 18 Apr 2015 Barely a month-and-a-half after selling their online taxi aggregator TaxiForSure to larger rival Ola, its co-founders Raghunandan G and  4 Nov 2018 So far, he has invested in about 20 startups.

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.

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Raghunandan teaches budding entrepreneurs,  23 Feb 2015 And it's about to get more unequal. Unless Uber pulls off an acquisition of its own, the impending Ola-TaxiForSure merger is set to clearly upend  See TaxiForSure's revenue, employees, and funding info on Owler, the world's Move comes more than a year after cab aggregator bought rival for $200 mn. Shunwei Capital has sold its minority #stake in Kooapps and Vokal parent to Angel Investor and former TaxiForSure Founder, Aprameya Radhakrishna talks  Party on my mind, Shree Giriraj Ji Daily Darshan, Say "No" To Sold Media, Sabyasachi, Papamummykitchen, Karnal Plus, अद्भुत काम करता है,  Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million.

Zolve raises $15 million for its cross-border neobank aimed at global

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. This is biggest consolidation in the Indian tech-based cab booking PDF | On Mar 1, 2020, T. Sai Vijay and others published Ola Acquired TaxiForSure: Post-takeover Dilemma | Find, read and cite all the research you need on ResearchGate 2020-05-10 Radhakrishna and Raghunandan sold TaxiForSure in March after struggling to raise additional capital to fund its business.

Taxiforsure sold

18 Apr 2015 Barely a month-and-a-half after selling their online taxi aggregator TaxiForSure to larger rival Ola, its co-founders Raghunandan G and  4 Nov 2018 So far, he has invested in about 20 startups.
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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.

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.
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How to offer the application service in the fields of part load freight

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.


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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. 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 2021-02-16 · Before starting Zolve, Raghunandan founded TaxiForSure, a ride-hailing firm, that he later sold to Ola for $200 million. Image Credits: Zolve Raghunandan G.'s previous startup TaxiForSure was sold to Ola Cabs in 2015 for $200 million.