Friday 24 March 2017

Uber rival Lyft acquires Indian startup to build large-scale infrastructure

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After its "anti-Uber alliance" with India's homegrown cab-hailing service Ola, along with two others, Lyft is now tapping into the country's technology talent.

The U.S. firm has reportedly acquired Pune-based startup FinitePaths, creator of Trail Answers, a Quora-like app that offered answers to user questions using social, local and contextual signals.

FinitePaths has stopped signing up new users and will shut down the app over the next two weeks. Its founders, Vinay Kakade and Balaji Raghavan, will join the Lyft team to help build its "large scale infrastructure and services". Read more...

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