Monday, March 2, 2015

India’s Ola acquires its rival TaxiForSure for US$200M

Online cab booking service Ola (formerly Olacabs) has acquired rival TaxiForSure for US$200M in a cash and equity deal Ola and TaxiForSure will continue to operate as separate entities Arvind Singhal, TaxiForSure’s COO will lead as the new CEO with leadership team intact Aprameya Radhakrishna and Raghunandan G, the founders of TaxiForSure, will contribute in...

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