TaxiForSure
An aggregator of car rentals and taxis.
Description
TaxiForSure.com was an aggregator of car rentals and taxis in India. They worked with various taxi operators and enable them with technology to ensure that customers get an easily accessible, safe, reliable taxi ride ‘for sure’.
Legal Name
-
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
2011
Operational Duration
5 years
Shutdown Date
2016
Last Financing Round
Funding round
Total Raised
USD 44M
Last Financing Date
20 Aug 2014
No. of Funding Round(s)
4
No. of Investor(s)
4
No. of Employees
250 - 500
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Validation
Transactional Model Type
B2C
Defensibility Moats
Procedural knowledge,
City
Bangalore
State/Province
Karnataka
Country
India
Industry
Internet
Categories
Public Transportation, Transportation, Leisure, Taxi Aggregator,
- High Operational Cost
- Ola had given huge discounts to drawn customers to its platform (soon after it was acquired, daily rides for TaxiForSure shot up from 10,000 to 40,000), which led to high in cash burn for the company.
- Ola will save an estimated Rs 30 crore (Rs 300 million) on wages alone by shutting down TaxiForSure, a substantial sum that can be deployed elsewhere, given that the company's reserves were beginning to run dry.
- At the same time, Ola had lost from Rs 34.21 crore (Rs 342 million) in 2013-14 to Rs 796 crore (Rs 7.96 billion) in 2014-15.
Increased in cash burn.
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Hey Bob | 39.1% | An on-demand bike taxi. | Internet | Transportation, Applications, Public Transportation, Ride Sharing | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2015 | - | - | - |
2. |  | Shuddle | 31.3% | A company that designed and developed mobile application which allows parents to hire transportation service for their children. | Internet | Child Transportation Service, Applications, Software, Transportation | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2014 | - | - | - |
3. |  | Sheprd | 31.3% | Transportation for students in its fleet of safe, fully-insured, and licensed SUVs. | Internet | Child Transportation Service, Transportation, Applications, Children, Ride Sharing | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2016 | - | - | - |
4. |  | AUTOnCAB | 22.9% | An auto-hailing mobile app focused on making daily commute a breeze. | Internet | Transportation, Mobile Applications, Car Service, Ride Sharing | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2014 | - | - | - |
5. |  | Truckmandi | 17.9% | An online truck booking solution, which simplified the task of handling bulk transport with the help of technology. | Internet | Truck Aggregator, Logistics, Applications, Transportation, Supply Chain | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2015 | - | - | - |
6. |  | Zippon | 17.5% | An online platform that offered moving services. | Internet | Transportation, Truck Aggregator | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2014 | - | - | - |
7. |  | Tushky | 16.8% | A marketplace for real-world leisure activities. | Internet | Marketplace, Events, Leisure | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2011 | - | - | - |
8. |  | Trevo | 16.3% | Uber for 'Intra-City Bus-Pooling'. | Internet | Public Transportation, Travel and tourism, Ride Sharing, Applications | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
9. |  | Flytenow | 15.0% | Connected people with pilots so they can get off the ground easily. | Internet | Travel and tourism, Transportation, Collaborative Consumption | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
10. |  | Ousta | 14.4% | Ride-hailing startup. | Internet | Car Service, Ride Sharing, Transportation | Egypt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2016 | - | - | - |
11. |  | Ezytruk Solutions | 14.2% | A data driven aggregation platform for the goods transportation market place. | Internet | Logistics, Real Time, Software, Transportation, On-Demand Service | India | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
12. |  | Carpooling.com | 14.2% | A ride-sharing network. | Internet | Transportation, Ride Sharing, Ride Sharing | Germany | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2006 | - | - | - |
13. |  | Partyphile | 13.3% | Allowed party goers in Asia to discover and get access to the best clubs, bars and events. | Internet | Applications, Leisure, Events | Philippines | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2015 | - | - | - |
14. |  | GoMyWay | 12.9% | A ride-sharing service that connected private car owners with empty seats to passengers going the same way across Nigeria. | Internet | Ride Sharing, Ride Sharing, Public Transportation | Nigeria | - | - | - | - | - | Seed | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
15. |  | Stayzilla | 12.7% | An online platform that enabled individuals to research and reserve value hotels across the country. | Internet | Hotel & Restaurants, Travel and tourism, Hospitality, Leisure | India | - | - | - | - | - | Late Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 250-500 | - | - | Inactive | - | - | 2005 | - | - | - |
16. |  | Beijing Baicheng International Travel | 12.1% | An online travel agency that offered O2O services for outbound tourism industry. | Internet | Travel and tourism, O2O, Leisure | China | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 1000-5000 | - | - | Inactive | - | - | 2000 | - | - | - |
17. |  | Sidecar | 11.7% | A B2B on-demand delivery service. | Internet | Ride Sharing, Ride Sharing, Consumer Services, Transportation, Mobile Applications | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2011 | - | - | - |
18. |  | Hipmunk | 11.5% | An online travel company that provided users with hotel deals and flights results via a website and an app. | Internet | Applications, Online Portals, Travel and tourism, Leisure | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2010 | - | - | - |
19. |  | Joobili | 10.4% | Offered European travel destinations and packages. | Internet | Travel and tourism, Leisure, Information Services, Websites | Hungary | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2008 | - | - | - |
20. |  | Luxe | 8.8% | An on-demand valet parking and car services app. | Internet | Logistics, Parking, Transportation, Consumer Services | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 100-250 | - | - | Inactive | - | - | 2013 | - | - | - |
21. |  | Zuji | 8.4% | An online travel agency. | Internet | Travel and tourism, Leisure, Hospitality | Singapore | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2002 | - | - | - |
22. |  | TaxiMonger | 7.6% | Let customers book taxis with an app. | Internet | Applications, Mobile Applications, Transportation | Malaysia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2012 | - | - | - |
23. |  | Onepagetrip | 7.5% | A travel community combined with trip planning tools. | Internet | Transportation, Travel and tourism | Australia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
24. |  | Maven | 5.9% | Car-sharing service. | Internet | Ride Sharing, Marketplace, Software, Transportation | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2016 | - | - | - |
25. |  | Valadoo | 4.6% | A travel information platform. | Internet | E-Commerce, Travel and tourism, Leisure, Information Services | Indonesia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2010 | - | - | - |
26. |  | Touring Bird | 4.3% | Helped users explore, compare, and book experiences—all in a single place. | Internet | Travel and tourism, Leisure, Applications | Switzerland | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2017 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Bessemer Venture Partners | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. |  | Helion Venture Partners | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
3. |  | Accel | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
4. |  | Blume Ventures | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Aprameya Radhakrishna | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. |  | Raghunandan G | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | 20 Aug 2014 | Funding round | USD 30M | - | - | - | 3 | - | - | - | Completed | ||
2. | 2 May 2014 | Funding round | USD 10M | - | - | - | 4 | - | - | - | Completed | ||
3. | 21 Jun 2013 | Funding round | USD 4M | - | - | - | 3 | - | - | - | Completed | ||
4. | 25 May 2012 | Funding round | - | - | - | - | - | - | 3 | - | - | - | - |
