Ride sharing app Lyft acquires Pune startup

Q.  Which ride sharing app has acquired Pune based startup FinitePaths?
- Published on 24 Mar 17

a. Lyft
b. Uber
c. Ola
d. TaxiForSure

ANSWER: Lyft
 
Ride sharing app Lyft acquires Pune startupRide sharing app aggregator Lyft has acquired Pune based FinitePaths for an undisclosed amount.

Trail Answers, the app created by FinitePaths will be shut down and cofounders will join the Lyft team.

FinitePaths was set up in November 2015 with the move to leverage technology to enable people to take better decisions.

The app Trail Answers enabled answers to questions using social, contextual and local signals.

The company has been founded by Vinay Kakade and Balaji Raghavan, who worked with Amazon and Google respectively before setting up the firm.

The cofounders will now work with Lyft to help in expanding its infrastructure and services.

Following this acquisition, the company has stopped signing up new users and will shut down the app over the next two weeks.

Lyft: Know More
  • Founded: 2012
  • CEO: Logan Green (Jun 2012)
  • Headquarters: San Francisco, California, United States
  • Founders: Logan Green, John Zimmer

Post your comment / Share knowledge


Enter the code shown above:
 
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)