Page 3 - Lyft

Uber rival Lyft acquires Pune-based FinitePaths to tap Indian talent

US-based ride hailing service Lyft has acquired Pune-based startup FinitePaths for an undisclosed sum as it follows its larger rival Uber in tapping India's large talent base to solve its global technology problems.Vinay Kakade and Balaji Raghavan, co-founders of FinitePaths, will join the Lyft team and will shut down their startup's sole product offering which is available on Google and Apple's app stores. The announcement comes at a time when India is emerging as a talent hub for ride-hailing companies."We are very excited to have Balaji and Vinay join our team. They have extensive experience building large scale infrastructure and services. We see this experience as playing a critical role in helping us tackle some of the unique challenges we have at Lyft," said Luc Vincent, VP of Engineering at Lyft, in a statement.The details of the deal were not disclosed, while the founders did not mention if the rest of the small team at FinitePaths would be transitioning to work with Lyft as .