News Ola Shutting Down TaxiForSure

scorpionking76

EntMnt Knight
A little over a year ago, Ola acquired rival TaxiForSure in a $200 million (roughly Rs. 1,240 crores) deal that saw the two services merge. Soon after that, you were able to book TaxiForSure cars via the Ola app, but now Ola is now shutting down TaxiForSure as a separate offering, and integrating its fleet. The company has confirmed the development via a statement to Gadgets 360 that also admits that some employees will be laid off.

Ola Shutting Down TaxiForSure, Hundreds to Be Laid Off | NDTV Gadgets360.com
 

Aviral Sangal

EntMnt Ambassador
Finest Member
True during acquisition TFS founders were promised that TFS will remain a seperate entity and will continue to operate. I guess that was some time bound measure.

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