Ola had acquired TaxiForSure in March 2015 for $200 million following which the service was integrated into the former’s app. Now, the homegrown taxi hailing service has announced that it is shutting down TaxiForSure business.
Continue reading “Ola shuts down TaxiForSure, lays off around 700 employees”
Ola users can now book a TaxiForSure cab directly from its mobile app. At present only hatchback cabs from TaxiForSure are available as the integration is in its initial stage.
Continue reading “Ola integrates TaxiForSure into its mobile app”
Online taxi aggregators, Ola and TaxiForSure have received a respite from the Delhi High Court as it set aside orders rejecting the applications of two app-based cab companies for licence to operate in the capital.
Continue reading “Ola and TaxiForSure cleared to operate in Delhi”
Delhi Government Transport Department has rejected applications for licence from US-based cab aggregator Uber and Ola and TaxiForSure as the capital does not have a regulatory framework that recognises app-based cabs. The latest move comes from the authorities following fair warnings from part few months.
Continue reading “Delhi rejects Uber, Ola and TaxiForSure’s licence applications”
Following a report last month, Ola has officially acquired TaxiForSure for $200 million in a cash and equity deal. The acquisition will boost Ola’s present in the crowded online taxi market.
Continue reading “Ola officially acquires TaxiForSure for $200 million”
Ola Cabs is gearing up to acquire TaxiForSure, according to a report from the Times Of India. The deal between the two online taxi aggregators is estimated between $200-$250 million as per the report.
Continue reading “Ola Cabs to reportedly buy TaxiForSure for about $200 million”
