TaxiForSure raises Series C funding

CoolAvenues Newswire | September 08,2014 05:30 pm IST

Serendipity Infolabs which operates TaxiForSure has raised Series C funding from Accel Partners, USA along with existing investors, Bessemer Ventures and Accel Partners, India. The company has raised Series C funding within 3 months of raising $ 10 Million Series B funding.

For funding details, Click Here.

Media reports are pegging the amount raised to be $ 30 Million. The company will use the funds for expansion in existing cities and as well expend into 30 new cities over the next one year.

TaxiForSure started by Raghunandan G and Aprameya Radhakrishna in June 2011 is an online cab/taxi aggregator with operations in Bangalore, Chennai, Delhi, Hyderabad, Ahmedabad and Baroda, is looking to expand operations to more cities, including Mumbai, Pune, Kolkata, Jaipur, Chandigarh, Surat, Indore and Bhopal by the end of 2014.



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