By June 21, 2013 Read More →

Taxiforsure raises Series A round; gets $4 mn till date

Serenditpity Infolabs, a Bangalore-based startup that runs online taxi booking site TaxiForSure, has disclosed that it has raised $4 million in venture capital so far from Accel Partners, Helion Venture Partners and Blume Ventures, reports The Economic Times. The amount has been raised over two rounds. Last May, the company raised an undisclosed amount in a seed round from the three investors. The report indicates that a more recent and larger round has been raised from the same investors. The stage has not been specified but this likely the company’s Series A round.

TaxiForSure started operations in June 2011. It works with various taxi fleet operators and enables them with technology to ensure that customers get reliable services. It currently operates services in Bangalore and Delhi. Customers can book taxis for point-to-point hires, local packages and outstation and airport transfer taxis across various car types. It aims to have a presence in 15 locations by 2015 and currently works with 40 fleet cab operators in Delhi and Bangalore.

The company’s founders, Aprameya Radhakrishna and Raghunandan G, are alumni of IIM Ahmedabad and earlier worked at Jones Lang LaSalle India and Feedback Ventures respectively.

Image credit: Taxiforsure

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