Ola cabs, led by Bhavesh Agarwal, which acquired TaxiForSure five months ago has come with a move to shut TaxiForSure as an independent brand in as many as 22 cities.
TaxiForSure confirmed, in a blog post, cities where TaxiForSure is being shut as an independent brand which includes Ambala, Jabalpur, Jamnagar, Kochi, Lucknow, Patna, Trivandrum, Varanasi, Vijayawada and Vishakapatnam, however, TaxiForSure will still be operational as a separate brand in bigger cities like Bengaluru, New Delhi, Mumbai and Chennai for now.
TaxiForSure through the blog post cleared that the users, who have been availing TFS’s service, would have their credits transferred from TFS’s app to Ola’s app.
Ola, is now the largest taxi-aggregator in India, with 80% market share, giving a stiff competition to global rival Uber.