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[Update – We had earlier reported that Jugnoo has acquired Autowale. However(based on the latest input from Autowale co-founder), the deal is still in final phases and the acquisition is not yet complete.] Chandigarh-based autorickshaw aggregator Jugnoo is in talks to acquire Pune-based Autowale in an all-equity deal. According to YourStory’s sources, the deal is worth a […]
07 Nov 2015
Auto rickshaws, also adorably known as tuk-tuks, are one of the biggest modes of transport in India. If Wikipedia were to be believed, Indian three-wheelers have followed the original design of the Piaggio Ape C from 1948, which was originally based on the Vespa. The three-wheeler vehicle is found in almost every city and a […]
05 Apr 2014