Clever Tech, the company that owns the clevertaxi.ro ride sharing application and was fully taken over by Daimler group in April 2017, has received a capital boost of RON14.3m (EUR3m), after a similar operation worth RON13.6m earlier this year, romania-insider reported, citing Profit.ro.

In October 2018, the company increased its share capital by RON5.5m to RON9.05m (EUR2m). Since taking over the company, Daimler group has injected over EUR10m into it.

Clever Tech was fully acquired in April 2017 by Intelligent Apps, the owner of the mytaxi.net application and a subsidiary of Daimler Mobility Services.

The Clever Taxi app was launched in October 2012, is currently available in 20 cities across the country and allows users to order directly from a smartphone, in just a few seconds, the nearest taxi.

The user can also choose the fare and preferred taxi company.