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Bangalore-based Serendipity Infolabs, the company that owns online taxi booking platform TaxiForSure.com has raised $10 million (Rs. 60 crore) in a Series B round of funding led by Bessemer Venture Partners.
The existing investors Accel Partners, Helion Venture Partners and Blume Ventures also participated in the round.
Samvad Partners acted for Serendipity and existing investors with a team led by Partner Harish B Narasappa along with Associates Varsha Aithala and Jaideep Reddy.
Amarchand Mangaldas advised Bessemer with a team led by Bangalore Partner, Reeba Chacko.
TaxiForSure, which is currently operating only in Bangalore, Chennai and Delhi, will use the capital to expand its operations to 10 new cities reports VCCircle.
With this round, the total investment raised by the company has reached $14 million.