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US-based online car hire service Uber to expand to India

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uber-logoUS-based Uber Technologies Inc., which provides a mobile-based on-demand car hire service in 35 cities across the US, Europe and Canada, is expanding to Bangalore.

The company has listed on its website three job postings—for a community manager, a general manager and an operations and logistics manager—for Bangalore. It is not known when the company will launch the service in the city.

The news report first appeared on NextBigWhat.

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Uber is a San Francisco-based technology company. One can request a ride at any time using its iPhone and Android apps or from m.uber.com. One has to set his/her pickup location on the map on the iPhone and Android apps, and type his/her address on m.uber.com.

In the US and Canada, a user can text an address and city to a particular number. The company will dispatch the nearest driver to pick him/her up. The user will also receive a text with the estimated arrival time. When the car arrives, he/she will get another text.

After the ride, Uber will automatically charge the credit card the user has on file. The prices start with a base fare. After that, the company charges depending on speed. When travelling at over 11 miles per hour, it charges a distance fee. Below 11 mph, it charges a time fee.

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The firm was launched in 2009 and has so far received around $50 million from various investors in the US. In December 2011, it raised $32 million from Menlo Ventures, Jeff Bezos and Goldman Sachs.

Recently, US-based Zoom had launched a membership-based, self-drive car rental service in Bangalore. Last week, the company, ZoomCar India Pvt Ltd, received $30,000 in angel funding from Larry Summers, an American economist and a former director of the United States National Economic Council.

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(Edited by Joby Puthuparampil Johnson)


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