Taxi comparison and booking app Karhoo is shutting down after only six months in operation, and just weeks after it claimed to have overtaken Uber as London’s leading taxi app.
The closure of the company comes after the failure of an attempt to raise further capital from a private investor to stop it from going into administration. Staff have already been made redundant, as the Karhoo app has stopped functioning.
It is unclear whether administrators have been appointed or not, in which case the assets could be snapped up by a rival app provider.
Professional Driver Magazine article here
Related articles:
- Tech Crunch: Karhoo Blows Through $250 Million
- Karhoo: Official Statement
- LCT Magazine: Karhoo Connects Clients To Chauffeured Options
Keywords
apps Karhoo mobile technology startup taxis vehicle apps
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via Limo News http://www.lctmag.com/technology/news/717564/karhoo-collapses-from-lack-of-funding
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