Corporate carpool app Orahi acquires Odd-Even.com

Posted on:07 Apr 2016 14:49:26
Corporate carpool app Orahi acquires Odd-Even.com
07 April 2016 Current Affairs: Corporate carpool app, Orahi, announced that it had completed the acquisition of Odd-Even.com. Neither company divulged the details of the acquisition.Odd-Even.com, started by a 13-year-old Delhi boy, Akshat Mittal, helps customers find a travel partner. Post-acquisition, Orahi's combined user base will be 70,000. The teenager has been inducted on the advisory board, the announcement stated. Orahi will, in return, provide mentorship to the schoolboy on running a car pool business.This move will benefit Odd-Even.com and Orahi users. Every new user addition adds to more car pool options for the community and eventually helps in curbing traffic and pollution for the city.The carpool app had a few months ago raised Rs 3.5 crore from the Indian Angel Network.
Corporate carpool app, Orahi, announced that it had completed the acquisition of Odd-Even.com. Neither company divulged the details of the acquisition.Odd-Even.com, started by a 13-year-old Delhi boy, Akshat Mittal, helps customers find a travel partner. Post-acquisition, Orahi's combined user base will be 70,000. The teenager has been inducted on the advisory board, the announcement stated. Orahi will, in return, provide mentorship to the schoolboy on running a car pool business.This move will benefit Odd-Even.com and Orahi users. Every new user addition adds to more car pool options for the community and eventually helps in curbing traffic and pollution for the city.The carpool app had a few months ago raised Rs 3.5 crore from the Indian Angel Network.

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