India: Meru plans to raise $200m but it won't pose meaningful competition to Ola, Uber

India: Meru plans to raise $200m but it won't pose meaningful competition to Ola, Uber

Meru screenshot

It might be hard to remember, but there was a time when Meru Cabs was the number 1 taxi company in India, after taking the lead in a fragmented, unorganised market. This was the case as recently as in 2012.

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