In continuation of its strategic intent to grow its presence in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) today announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru) to buy their respective stakes in Meru. It would acquire 44.14% shares from Private Equity investor, True…
Flipkart, India’s e-commerce firm, announced that it has tied up with Meru, an app-based ride-hailing cab operator, to deliver grocery and essential items to customers during the nationwide lockdown. Grocery and essential items will be delivered to Flipkart customers across Bengaluru, Delhi-NCR and Hyderabad through a safe and sanitized supply chain, the company said in…
Nilesh Sangoi, former Meru CEO, has been appointed by Fincare Small Finance Bank as Chief Digital Officer and Head of Data Analytics division. Prior to this, Sangoi was the CEO of Meru Cabs from January 2017. Nilesh has over 22 years of experience in building technology platforms for multiple businesses. His last assignment was with…