Uber, Ola clock half a billion rides in 2016, says RedSeer

OLA_UBER_JUNAID_FRide-hailing companies Uber and Ola carried out approximately 500 million rides in 2016, according to a report by RedSeer Management Consulting, a Bangalore-based consultancy firm. The number of rides by ANI Technologies Pvt Ltd-backed Ola, and US-based Uber Technologies Inc’s India subsidiary Uber, is up almost 300% from 130 million in 2015. “2016 was a […]

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Uber hires former Tata Sons exec Madhu Kannan to drive India business

UBER007Ride-hailing firm Uber Technologies Inc said on Thursday it has appointed Madhu Kannan as its chief business officer for India and emerging markets with effect from 3 February. Kannan will be responsible for growing Uber’s business in India and new emerging markets in the Asia Pacific region through strategic partnerships and investment opportunities, Uber said […]

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Uber takes on Karnataka govt, says UberPOOL legal

UBER007In the ongoing tussle with the Karnataka state transport department, cab aggregator Uber has defended its ride-sharing service UberPOOL, saying it is legal under the current regulatory framework. On Monday, the state transport department instructed Uber and its rival Ola to halt their ride-sharing services before Friday, terming them illegal. To counter this, US-based Uber […]

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Karnataka government asks Ola, Uber to stop ride-sharing services from Friday

Ola, UberThe Karnataka transport department has instructed cab aggregators Ola and Uber to halt their ride-sharing services Ola Share and UberPOOL before Friday, terming them illegal. Following a two-hour-long meeting on Monday with officials from Ola and Uber as well as driver representatives, state transport commissioner M K Aiyappa said the department explained the legal aspects […]

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With UberEATS, is Uber biting off more than it can chew?

UberEATSOnline food delivery is a tricky space for Indian startups, what with intense competition, wafer-thin margins and a funding drought that shows no signs of a let-up. So it was a bit of a surprise when San Francisco-based Uber, the world’s biggest startup by valuation, announced last week that it will soon launch its global […]

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Ola, Uber set for another policy battle as Karnataka says ride-sharing illegal

For-Ola-Uber-Illegal-Ride-sharing-Story_ThinkstockPhotos-85451628A senior Karnataka government official has termed as illegal the ride-sharing services that Ola and Uber offer to consumers, imposing a fresh regulatory hurdle for the two app-based cab aggregators. State Transport Commissioner MK Aiyappa was quoted as saying in media reports that the government would initiate action against ride sharing services such as Ola […]

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Uber appoints Pradeep Parameswaran as head of central operations

Pradeep ParameswaranSan Francisco-based ride-hailing company Uber Technologies Inc. has hired former DEN Networks chief executive Pradeep Parameswaran as head of central operations. “We are excited to have Pradeep Parameswaran join Uber India as the Head of Central Operations. Pradeep is passionate about technology-led transformation and brings a wealth of experience having worked for companies across the […]

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Uber to soon launch food delivery app UberEATS in India

UberEATS_app_homeSan Francisco-based ride-hailing company Uber Technologies Inc. will soon launch its on-demand food delivery app, UberEATS, in India. To roll out the service, it is currently inviting restaurants and delivery partners, a company statement said. The service will be offered through a standalone mobile application. Launched in 2014 as a delivery pilot in Los Angeles, […]

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Uber’s search for engineering chief yields former Google veteran Amit Singhal

Amit Singhal, senior vice president of engineering, UberSan Francisco-based ride-hailing company Uber Technologies Inc. has hired former Google search chief Amit Singhal as senior vice president of engineering. Singhal, who hails from Uttar Pradesh in India, wrote in his personal blog post on Friday, “I’m excited to announce that I’m joining Uber as SVP of Engineering…having spent hours with Travis and many […]

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Meet the winners of UberPitch 2016

Uber-By-Shah-JunaidCab-hailing app Uber Technologies Inc. has officially announced the winners of UberPitch 2016, a pan-India startup challenge that connects entrepreneurs with investors. As part of the challenge, the top three winners—SeekSherpa, Ambee and LeanAgri—will receive $50,000 from the taxi-hailing firm. They will also get a chance to visit San Francisco, where they will interact with […]

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