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Posts Tagged ‘ Uber Technologies Inc ’

Meet the winners of UberPitch 2016

Monday, January 9, 2017 | More »

Uber-By-Shah-Junaid
Cab-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....

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Flashback 2016: Uber sharpens focus on India after losing China battle

Mid-way through the year, something unexpected happened with Uber – the largest startup in terms of valuation. It gave up in the world’s most populous country. In an apparent move to stop a bloodbath in terms of losses, US-based Uber Technologies Inc, co- founded by Travis Kalanick, agreed to se...

30 December, 2016 | More »

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Flashback 2016: Year of wobbly ride for Ola

Homegrown cab-hailing firm Ola was in the news for more wrong reasons than right in 2016, from drying coffers and falling valuations to rumours of a down round and a nasty war of words with arch rival Uber Technologies Inc. Although funding woes and falling valuations were widespread across startups...

28 December, 2016 | More »

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Exclusive: Meet the finalists of the UberPITCH 2016 challenge

At least 10 startups ranging from a travel marketplace to an ambulance provider are the finalists of the UberPITCH 2016 challenge in India, according to an entrepreneur whose startup made it to the list. Cab-hailing app Uber Technologies Inc., along with India’s commerce ministry, had launched a p...

22 December, 2016 | More »

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Meru Cabs CEO Siddhartha Pahwa resigns, mulls starting up

Meru Cabs CEO Siddhartha Pahwa has resigned from the Mumbai-based radio taxi firm and will be replaced by CTO Nilesh Sangoi from January. The decision was first announced by Pramod Kabra, partner at India Value Fund Advisors (IVFA), Meru’s biggest investor, in an email to Meru’s top brass. Later...

29 November, 2016 | More »

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Uber drivers in US join protest for minimum wage

US-based cab-hailing service firm Uber Technologies Inc is facing a backlash from its driver partners in its home country. Drivers of Uber, the world’s most valued startup, joined together in a nationwide protest on Tuesday, to call for a minimum hourly wage of $15 compared with $7.25 currently. A...

29 November, 2016 | More »

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Uber launches operations in Bangladesh

US-based cab-hailing app Uber Technologies Inc has entered India’s neighbouring country Bangladesh, as the world’s most valued startup continues its push for a larger presence in developing nations in the region. “Uber will make it easier to travel around Dhaka and open up flexible, economic o...

23 November, 2016 | More »

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Uber hikes commission to 30% for select drivers

After reducing incentives for drivers nearly a month ago, cab-hailing firm Uber has started charging higher commission from select drivers as it pilots a new payment structure. The company has increased the commission rate to 30% from 25% for a small group of drivers for some time, according to a re...

17 November, 2016 | More »

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Ola starts postpaid service to let users pay within seven days

ANI Technologies Pvt. Ltd, which runs cab-hailing app Ola, has launched a postpaid service that gives users seven days of credit to pay for their travel. The move comes in the wake of the Indian government’s withdrawal of Rs 500 and Rs 1,000 notes, which has led to a massive cash crunch in the cou...

16 November, 2016 | More »

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Karnataka HC upholds ban on surge pricing by Ola, Uber

In a blow to ride-hailing apps Uber and Ola, the Karnataka High Court on Thursday upheld the state’s ruling on a cap on cab fares. The Karnataka government had notified in April that cab-hailing firms should get a permit before operating in the state, to comply with Karnataka On-demand Transportat...

10 November, 2016 | More »

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