Easy Taxi raises USD 40 mln from investors

Tuesday 29 July 2014 09:35 CET | News

Easy Taxi, a mobile taxi app in Latin America, Africa, Middle East and Asia, has secured USD 40 million in Series D funding led by the Russian Phenomen Ventures with participation of Tengelmann Ventures, the investment company of Germany’s multi-sector retailer Tengelmann Group.

To use the service, passengers download the Easy Taxi global app, available for iOS, Android, Windows Phone and BlackBerry devices, confirm their pickup point and order a cab with the press of a button. Then, they receive confirmation of the name, photo and car model/plate of their pre-screened taxi driver, and they are set to be able to follow the vehicle’s location in real-time. Options like in-app payment, corporate accounts, favorite addresses, selection of service features, special discounts, passenger-driver messaging and ride history are available according to location.

Easy Taxi was founded in Brazil in 2011. Easy Taxi currently operates in 32 countries and 162 cities worldwide.

In recent news, Easy Taxi and mobile payments services provider payleven have teamed up for a mobile payment solution in Brazil which enables passenger to book and pay for their rides by card.

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Keywords: Easy Taxi, Phenomen Ventures, Tengelmann Ventures, retailer, Tengelmann Group, iOS, Android, Windows Phone, BlackBerry
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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