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TaxiForSure secures funding from Accel, Helion & Blume Ventures
TaxiForSure secures funding from Accel, Helion & Blume Ventures
By: iMedia News Bureau

Accel Partners, Helion Venture Partners and Blume Ventures have invested an undisclosed amount of funding in online taxi booking site, TaxiForSure which is run by Serendipity Infolabs Pvt Ltd.

Anand Daniel of Accel and Ritesh Banglani of Helion have joined the board of the company as a result of the funding.

Founded by Raghunandan G and Aprameya Radhakrishna in June 2011, is an aggregator of car rentals and taxis in India. They work with various taxi operators and enable them with technology to ensure that customers get an easily accessible, safe, reliable taxi ride. It currently provides services in Bangalore and will be available in Delhi and Mumbai very soon. The customers can book local point to point, local packages, outstation and airport transfer taxis, across various car types.

Offlate, a large number of players have emerged in the online cab sector., OlaCabs, YourCabs, Easycabs, Meru Cabs are some have received funding from various venture capitalists recently. All these portals are mostly active in Delhi, Mumbai and similar metros, which has increased the competition.

Recently, Car rental company - Carzonrent India Private Limited acquired QCABS, an online car rental service aggregator.