One of the reasons startups thrive is because of the fresh perspective and possibilities that they bring to the table. There are loads of inspiring startup stories that can guide budding entrepreneurs and help them learn from their successes and failures. Karhoo is a prime example of one such interesting startup. For those unaware, Karhoo is a London-based mobility startup for aggregating cabs and comparing their prices, and it was founded in 2014.
Unfortunately, the startup ran out of cash in 2016 and went into administration. It was then acquired by RCI Bank and Services in January 2017 and is now a sub-organisation under the Flit Technologies group. As one would have guessed, Karhoo has gone through many ups and downs but it’s still at it. We sat down with Boris Pilichowski, the Co-CEO at Flit technologies/ Karhoo to know more about what exactly happened and what’s next.