Failure isn’t such a bad word any more. A generation ago, outside of a few business communities, people looked askance at entrepreneurs. And to fail after trying to start a business was proof of all that was wrong with ‘doing business’ — the fact that it wasn’t a “stable” or “dependable” line of work.

Bhavish Aggarwal, bottom, left, co-founder and CEO of India’s largest taxi aggregator Ola, was forced to take the hard step of laying off close to 700 employees and shutting down TaxiForSure in his

They have to follow the norms set for other taxis by the 2017-03-07 BENGALURU, May 14 — After ping pong tables, motivational posters and casual dress codes, India’s tech start-ups are following Silicon Valley’s lead and embracing the “fail fast” culture credited with fuelling creativity and success in the United States. Taking failure Taking failure as a norm is a major cultural shift in India, "There is obviously increased acceptance," said Raghunandan G, co-founder of TaxiForSure, which was sold to rival Ola this year. Ola and TaxiForSure created a massive cash reconciliation network for their drivers on a daily basis, something not known to Uber in USA; Openness works both ways. India’s open internet market obviously allows global companies to compete here. I believe the same openness will, over the next decade, allow Indian entrepreneurs to compete globally.

Taxiforsure failure

Taking failure as a norm is a major cultural shift in India, "There is obviously increased acceptance," said Raghunandan G, co-founder of TaxiForSure, which was sold to rival Ola this year. Start the premortem by assuming that one year has elapsed since the launch and that the product has been a failure. To avoid failure, start by eliminating the fear of failure. Premortem — Cheat your product’s death by “killing” it yourself A helpful technique for teams starting new projects We bring you some untold stories of our portfolio startups. Founders will share first 500 day journeys. SEED TO SCALE Podcast Series by Accel 2016-07-07 Team TaxiForSure.

12 Dec 2020 into mobile payments, food delivery, and electrification have all failed to Notable exits in the last decade include BookMyCab, TaxiForSure, “There is obviously increased acceptance,” said Raghunandan G, co-founder of TaxiForSure, which was sold to rival Ola this year. He is now investing in others' 1 Apr 2019 Billions of dollars are riding on the success or failure of Ola. TaxiForSure and Foodpanda are widely seen bad bets that Ola CEO Aggarwal 1 Feb 2021 A List of Popular Brands that Failed in India. 01.

The deal would create a local cab services major valued at over $2 billion and will strengthen Ola's future fund-raising plans. TaxiForSure, like its peers, does not own its fleet of cars. The

It’s a bad strategy to just palm off Problem with TaxiForSure is very few drivers are willing to come if the travel distance is greater than 5 Kms. It was strange to me initially because generally I have seen that cab drivers avoid short distance as the charge will be better for a long/medium distance. TaxiForSure, Ola’s rival then and India’s third biggest cab aggregator after Uber and Ola was watching these moves closely. They believed that fresh from the INR 250 crore funding that Ola had raised in July 2014, Ola was only trying to capture the market and could not afford to do so for a long time as they were loosing money on every transaction in their bid to acquire the market.

Taking failure as a norm is a major cultural shift in India, where high-achieving children are typically expected to take steady jobs at recognised firms. A failed venture hurts family status and

A top Delhi Govt official told PTI on Wednesday, “We have continuously been asking Uber, Ola Cabs and TaxiForSure to give a affidavit since March this year, stating that they are complying ban order imposed on them in December last year, but they did not do the same. 6.

Terms & Conditions: Offer valid for up to 10 Kms in Chennai only after which the regular charges would apply. The base fare and trip time charges will be charged as applicable. Valid till 17th Jan on ‘Pick Now’ Bookings on the TaxiForSure App. Offer not valid on airport bookings.
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Working at Taxiforsure was a kickass experience!! Raghunandan G, the co-founder of Taxiforsure is an advisor and mentor to the Ninjacart team. Startup Failure: #5 Reasons Why Indian Startups TaxiForSure, Ola’s rival then and India’s third biggest cab aggregator after Uber and Ola was watching these moves closely.

So, why did this happen? What was wrong with them? Why they couldn’t make it big like the other taxi behemoths?
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Even as all this was happening, on the morning of 28 January, The Times of India ran a story, citing people it didn’t name, that Ola Cabs would acquire TaxiForSure. For $200-250 million.

It allowed users to pre-order food from nearby restaurants. The move follows the companies’ failure to provide evidence that they are abiding by a state-wide ban on the services. A top Delhi Govt official told PTI on Wednesday, “We have continuously been asking Uber, Ola Cabs and TaxiForSure to give a affidavit since March this year, stating that they are complying ban order imposed on them in December last year, but they did not do the same. 2015-10-08 · Bengaluru-based start-up Dazo has decided to wind up its operations less than a year after inception.

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Working at Taxiforsure was a kickass experience!! Raghunandan G, the co-founder of Taxiforsure is an advisor and mentor to the Ninjacart team. Startup Failure: #5 Reasons Why Indian Startups

This essay will show a well example of an outstanding american company who did not satisfy the public opinion and failed partly while expanding in France. While 2015 saw launch of three to four startups a day, the second quarter of 2016 witnessed a lot of layoffs and shutdowns. Lack of funds, plummeting sales and rising competition were the major reasons for the shutdowns. 2016 was deadly mainly for food startups such as TinyOwl, Dazo, ZuperMeal and lot more. Here are 10 leading startups that shut their shops in 2016: Officials rejected applications from Uber, ANI Technologies-owned Ola and TaxiForSure to operate their car-hailing services in India’s capital.

To avoid failure, start by eliminating the fear of failure. Premortem — Cheat your product’s death by “killing” it yourself A helpful technique for teams starting new projects

TaxiforSure (TFS) was an outcome of a drunken discussion between two friends — Aprameya Radhakrishna and G Raghunandan, who share two alma maters (NIIT Karnataka and IIM-Ahmedabad). At the start of 2015, the three-year-old Bengaluru company was acquired by rival Ola Cabs for $200 million. Even as all this was happening, on the morning of 28 January, The Times of India ran a story, citing people it didn’t name, that Ola Cabs would acquire TaxiForSure.

17th Oct 2019. It’s a bad strategy to just palm off Three of Ninjacart’s co-founders were from Taxiforsure. Thiru said that Raghu has always advised the startup not to shy away from experimenting. TaxiForSure, Ola’s rival then and India’s third biggest cab aggregator after Uber and Ola was watching these moves closely. They believed that fresh from the INR 250 crore funding that Ola had raised in July 2014, Ola was only trying to capture the market and could not afford to do so for a long time as they were loosing money on every transaction in their bid to acquire the market. Problem with TaxiForSure is very few drivers are willing to come if the travel distance is greater than 5 Kms. It was strange to me initially because generally I have seen that cab drivers avoid short distance as the charge will be better for a long/medium distance.