The popular taxi cab company Uber Technologies Inc. has announced the elevation of Pradeep Parameswaran as the new President of India and South Asia with immediate effect.
The new President has replaced Amit Jain who was appointed as a head in the entire Asia Pacific region for Uber in May this year. Jain is a key member of Uber’s regional leadership team and welcomes Parameswaran gracefully. Over the last year and a half, he has been helpful in company’s growth by establishing the region firmly as a crucial contributor to our global vision.
“I’m delighted to announce Pradeep Parameswaran will succeed me as the President of Uber India and South Asia, effective immediately. As a key member of Uber’s regional leadership team, Pradeep will be responsible for leading the Rides operation to new heights,” said Amit Jain.
Parameswaran joined Uber in January 2017. Prior to that, he was the CEO of Den Networks which is a Cable TV company. He has also been linked with companies like Hindustan Lever, McKinsey & Co, and Den Networks.
“Uber is one of the most exciting, innovative and mission-driven companies in the world, and I’m thrilled to lead our business in this critical global market as we work to bring the benefits of ride-sharing to even more riders, drivers, and cities. After twenty years building businesses and leading through change across Asia and the US, I am excited to shape how the region moves over the next twenty,” Pradeep Parameswaran said.
On the other hand, Jain has led Uber’s Indian operations for about three years and will now control the APAC region, which includes Australia, New Zealand, and North Asia, in addition to India and South Asia.
South Asia is a crucial market for Uber. As a competitor of Ola Cabs, the company wants to continue investing in the country as it sees potential and incredible growth here.