April 19th, 2018San Fransisco based cab hailing company Uber said on Wednesday that it would be doubling up investment in India to take on the arch contender Ola.
Uber's maiden COO Barney Hardford said that India has such a huge potential that the company would not settle for minority stake deals here.The world's most valued startup comments have...
October 18th, 2017Uber’s European policy chief Christopher Burghardt has quit to join the electric vehicle charging network company Chargepoint, the latest senior figure to leave the taxi app, the Financial Times reported on Tuesday.
Burghardt, the head of policy for Europe, the Middle East and Africa, departs after less than two years with the...
October 11th, 2017One of India's unicorn, Ola, operated by ANI Technologies Pvt Ltd has confirmed that it has closed a $1.1 billion funding from Tencent Holdings, a leading Chinese internet company.
The round also saw participation from its existing investor- SoftBank Group and other new US-based financial investors. Ola also said that it is in...
May 20th, 2017Cab rides could get marginally cheaper for customers from July 1 as the incidence of tax will come down to five per cent for bookings made on cab aggregators like Ola and Uber.
Currently, a tax of six per cent is levied on rides booked through cab aggregators.
"Such reduction is a welcome move for cab aggregators and consumers...
March 1st, 2017Inter-city cab rental platform MyTaxiIndia has raised an undisclosed amount from ZGC Global, a Dubai-based investor to expand its operations.
MyTaxiIndia, which claims to be present in 200 cities, is looking at rolling out its offerings in the North-East as well as tier I and II cities in states like Bihar, Uttar Pradesh, Madhya...
December 22nd, 2016Leading ride-hailing firms have praised an Indian policy blueprint on regulating the taxi industry, saying it would offer their app-based services a chance to flourish despite their concerns about price caps.
A committee set up by the Ministry of Road Transport and Highways recently published its findings, stating that India needed...
November 22nd, 2016Taxi-hailing app Uber has partnered WedMeGood, a wedding planning website, to offer mobility solutions for wedding-related travel called UberWEDDINGS in 12 Indian cities.
UberWEDDINGS will be live till February 2017 and will provide convenient, hassle-free and cashless mobility solution to users in New Delhi, Ahmedabad, Bengaluru,...
September 20th, 2016Southeast Asian ride-hailing firm Grab said it raised $750 million in a funding round led by investor SoftBank Group, helping it build a warchest to solidify its leading position in the region and head off competition from Uber.
Southeast Asia is fast becoming a key battleground for ride-hailing firms thanks to a burgeoning middle...
August 25th, 2016AP- The world's first self-driving taxis began picking up passengers in Singapore starting Thursday.
Select members of the public can hail a free ride through their smartphones in taxis operated by nuTonomy, an autonomous vehicle software startup. While multiple companies, including Google and Volvo, have been testing self-driving cars...
July 28th, 2016Taxi aggregator Uber today announced the Mi Pan Malak scheme to encourage taxi and auto drivers across the megapolis to join its platform.
Under the scheme, the drivers can avail of offers and services through Ubers partnerships with leading financial institutions and car manufacturers with a down payment of as low as Rs 25,000, Uber...
June 20th, 2016As taxi hailing giant Uber enters Pakistan, a little-known local competitor is counting on a mix of new ideas and old technology to tap what could be a big chunk of the market: low-income residents who travel in rickshaws, not cabs.
Known as Rixi, the Lahore-based service hails rickshaws instead of cars. Its platform is not...
April 15th, 2016With the second phase of odd-even scheme set to be rolled out from tomorrow, ride-sharing startups are lining up with free rides and scaling up operations to handle higher demand from consumers.
The odd-even scheme was implemented on an experimental basis from January 1 to January 15 in view of high air pollution in the national...
