Just two months after securing US$10 million in series B funding, cab aggregator TaxiForSure has just landed an additional US$30 million. This fresh infusion of captial came largely from Accel

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Just two months after securing US$10 million in series B funding, cab aggregator TaxiForSure has just landed an additional US$30 million. This fresh infusion of captial came largely from Accel

This is Radhakrishna’s maiden investment after his exit from Taxiforsure following its acquisition by rival Ola for around $200 million (Rs 1,200 crore) in March this year. 2012-05-21 funding India Start Up venture capital Published on May 25, 2012 By FinSMEs Serendipity Infolabs Pvt. Ltd. , the parent company of TaxiForSure.com , a Bangalore, India-based online taxi booking 2014-08-21 [Funding alert] Taxiforsure Raghunandan G’s new fintech startup Zolve raises $15M led by Accel Partners, Lightspeed Ventures TaxiForSure is planning to start operations in Mumbai, Pune, Kolkata, Jaipur, Chandigarh, Surat, Indore, and Bhopal by the end of 2014. TaxiForSure was founded by Aprameya Radhakrishna and Raghunandan G, two IIM-Ahmedabad graduates. The 3 year old company clocked 1 mn transactions in April 2014. In June 2013, the Taxiforsure raised $4 mn in Series A funding.

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REVO och Sorsdata har höjt totalt 2, 5 miljoner dollar från Vostok Emerging Finance Mix Upload har höjt cirka 20 000 euro från Moscow Seed Fund och Altair Capital; Ukrainas Du kan nu boka TaxiForSure hytter från Ola's app i Indien. [Funding alert] Taxiforsure Raghunandan G’s new fintech startup Zolve raises $15M led by Accel Partners, Lightspeed Ventures By Sindhu Kashyaap | 17th Feb 2021 Founded by Raghunandan G, global TaxiForSure.com has raised a total of $44M in funding over 4 rounds. Their latest funding was raised on Aug 20, 2014 from a Series C round. TaxiForSure.com is funded by 4 investors. Accel and Helion Venture Partners are the most recent investors. TaxiForSure.com has invested in galleri5 on Oct 31, 2015.

Starting a small business is a large undertaking and needs to be backed-up with not only an innovative idea but also money. In many ways, it has become much easier to start your own business, but that also means it is much easier for essent

Bangalore, May 21, 2012: Serendipity Infolabs Pvt. Ltd., which runs the online taxi booking site TaxiForSure.com, has raised venture capital funding from Accel Partners, Helion Venture Partners and The real story behind the demise of TaxiForSure. Ola's cash reserves are starting to run dry. The company was in talks to raise $1 billion in funding by the end of July, but no announcement has TaxiForSure is planning to start operations in Mumbai, Pune, Kolkata, Jaipur, Chandigarh, Surat, Indore, and Bhopal by the end of 2014.

Taxiforsure funding

Serendipity Infolabs Pvt. Ltd., the company behind India's leading online cab aggregation service Taxi For Sure, has closed a financing round led by Bessemer 

TaxiForSure was founded by Aprameya Radhakrishna and Raghunandan G, two IIM-Ahmedabad graduates. The 3 year old company clocked 1 mn transactions in April 2014. In June 2013, the Taxiforsure raised $4 mn in Series A funding. In 2012, Taxiforsure raised a little under $1 million from the same set of investors. TaxiForSure co-founder Raghunandan G’s newest startup Zolve, a cross-border digital banking venture, has raised around $15-million seed funding in a round led by Accel Partners and Lightspeed Venture Partners.

TaxiForSure.com is funded by 4 investors. Accel and Helion Venture Partners are the most recent investors. TaxiForSure.com has invested in galleri5 on Oct 31, 2015. Last Funding Type Series C; Legal Name TaxiForSure; Company Type For Profit; Contact Email contact@taxiforsure.com; Phone Number 6060 1010 Raghunandan’s earlier venture Taxiforsure was acquired by Ola for $200 million in 2015.
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They would not have got all their money worth of equity upon acquisition. 1 May 2014 The company will use the fund to expand to 20 Indian cities in the next 18 months , including Ahmedabad, Pune, Mumbai, Jaipur, Chandigarh,  18 Aug 2016 Cab aggregator Ola has decided to shut down TaxiForSure (TFS), a web-based taxi business it had acquired in March 2015 for $200 million. Perfios. Perfios is an India-based data aggregation and analytics platform for financial services TaxiForSure is an aggregator of car rentals and taxis in India. 1 Jun 2011 TaxiForSure, bangalore-based online taxi services aggregator.

Wooplr has a total of $14 Million in funding with a recent Series B round G (Co-founder - Taxi for Sure), and ex-Puma India CEO Rajiv Mehta.
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Getting a business off the ground takes capital. If you have a solid plan for a business, but you need some cash, you have several options for funding. Explore your options to find the business funding source that fits your needs.

TaxiForSure, an online cab booking service, has secured venture capital funding from Accel Partners, Helion Venture Partners and Blume Ventures. The exact funding amount is not known. TaxiForSure operates in Bangalore only, but the company plans to expand into other cities using the funding. Besides the initial funding of US$4 million (INR 25.6 million) from investors in June 2013, TFS further raised a total of US$40 million (INR 256 million) in two rounds in 2014.


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After 3 rounds, founders are believed to be less than 18% each in equity of the company. They would not have got all their money worth of equity upon acquisition.

TaxiForSure failed to secure funding following the 2014 Uber rape case in Delhi, and that forced the startup’s founders, Aprameya Radhakrishna and Raghunandan, to make the tough decision to sell.