Venture capitalists see a sure — or likely — thing in TaxiForSure

TaxiForSure.com, a car rental and taxi aggregator operating in Bangalore, India, raised venture capital funding from Accel Partners, Helion Venture Partners and Blume Ventures.

Serendipity Infolabs Pvt., which runs TaxiForSure, didn’t detail the amount raised.

The news, however, gives a lift to the fragmented ground transportation sector, which increasingly is going online and mobile. Companies such as TaxiForSure, Limos.com, Groundlink, Uber and Taxi Magic are marketing their services to consumers through online and mobile channels, and are attracting attention from venture capital companies.

With the funding, Anand Daniel of Accel and Ritesh Banglani of Helion become members of the Sterndipity board.

TaxiForSure.com is a consumer site and the company also is trying to push into the corporate market for ground transportation.

The service is operational in Bangalore, with plans to expand to Delhi and Mumbai “very soon,” the company says.

The company says it “works with taxi operators and enables them with technology to ensure that customers get an easily accessible, safe, reliable taxi ride ‘for sure.'”

Share on FacebookTweet about this on TwitterShare on LinkedInEmail to someone
 
 
Dennis Schaal

About the Writer :: Dennis Schaal

Dennis Schaal was North American editor for Tnooz.

 

Comments

Your email address will not be published. Required fields are marked *

  1. sandip

    Merucab has been operating in all major Indian metros for the past few years and I don’t think they are VC funded.

     
 
 

Newsletter Subscription

Please subscribe now to Tnooz’s FREE daily newsletter.

This lively package of news and information from Tnooz’s web site provides a convenient digest of what’s happening in technology that drives the global travel, tourism and hospitality market.

  • Cancel