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Posts Tagged ‘ Uber Technologies Inc ’

Uber gives chance to pitch your ideas to VCs during a cab ride

Thursday, October 6, 2016 | More »

Cab hailing app Uber Technologies Inc. has partnered with the Ministry of Commerce and Industry in India to launch a pan-India startup challenge, UberPITCH 2016. Minister of State for Commerce and Industry Nirmala Sitharaman kicked off this year’s challenge at an event held by industry body FICCI ...


Uber ramps up hiring in India to gain edge in battle with Ola

Uber Technologies Inc. is rapidly increasing its headcount in India, as the US cab-hailing firm shifts its focus to the South Asian nation after exiting China. The number of employees has grown almost eight times over the past year, from 80 to more than 600 now, Pradeep Desu, head of recruitment at ...

29 September, 2016 | More »


Ola expands ride-sharing service to three more cities

Cab-hailing startup Ola, run by ANI Technologies Pvt. Ltd, said on Monday it is expanding its ride-sharing service Ola Share to three more cities. By starting services to Chandigarh, Jaipur and Ahmedabad, Ola Share will be available in 10 cities across India, the company said. TechCircle had recentl...

26 September, 2016 | More »


What UberChina’s merger with Didi Chuxing means for India

Uber Technologies Inc.’s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make life easier for the two companies but it makes things a bit complicated for India’s largest cab aggregator—Ola. For, San Francisco-based Uber will now have greater room...

1 August, 2016 | More »


Chinese ride-hailing firm Didi Chuxing to acquire Uber’s local business

Uber Technologies Inc., the ride-sharing company with a reputation of slugging it out with rivals and regulators to capture market share, is giving up in China after agreeing to sell its local business to homegrown firm Didi Chuxing. The deal will end the most watched rivalry in the global cab-haili...

1 August, 2016 | More »


Snapdeal expands services play with Uber in-app integration

E-commerce marketplace Snapdeal has launched an in-app integration feature that will allow its users to hail an Uber cab from its mobile app without having to download and install the Uber app. The new feature is currently available for Android versions 4.0 and above. It will soon be rolled out for ...

28 July, 2016 | More »


Exclusive: After licence, Ola gets show-cause notice from Karnataka govt

Homegrown cab aggregator Ola has received a show-cause notice from Karnataka’s transport department asking why its licence should not be cancelled under a new law for on-demand transportation companies. The development comes barely three weeks after Ola, run by ANI Technologies Pvt. Ltd, obtained ...

11 July, 2016 | More »


Ola may become the first licensed app-based cab aggregator in India

Cab aggregator Ola, run by ANI Technologies Pvt. Ltd, is likely to get a licence from the Karnataka state road transport authority within a few days to operate app-based ride-hailing services in the state. This comes two months after the state government implemented the Karnataka On-demand Transport...

6 June, 2016 | More »

Apple invests $1 bn in China’s Didi Chuxing

Apple Inc has invested $1 billion in Chinese ride-hailing firm Didi Chuxing, earlier known as Didi Kuaidi, in a deal that gives the tech giant a stake in Uber Technologies Inc’s main competitor in the world’s second-largest economy. The deal with Apple is the single-largest investment Di...

13 May, 2016 | More »


From Uber to Zomato, tech startups struggle to sustain valuations

After Flipkart facing markdowns in valuation to the tune of 20-40% from US mutual funds, another Indian tech unicorn is now under scrutiny. The brokerage arm of HSBC—which initiated coverage on Info Edge (India) Ltd, the largest shareholder of Zomato—cut its valuation of the restaurant listing s...

9 May, 2016 | More »

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