TaxiForSure

Bengaluru, Nov 18: Leading mobile application-based cab service provider Ola has announced raising $500 million (Rs.3,306 crore) to fund its expansion plans in India, including capacity building. "The fresh investment will be used to fuel…

Leading mobile application provider for personal transportation Ola (formerly Olacabs) on Monday announced it was buying out leading cab aggregator TaxiForSure for $200 million (Rs.1,238 crore) in a cash and equity deal. "The deal will make…