Uber

The funding will enable Everest Fleet to expand its operations and grow the overall supply pool available for the ridesharing industry where demand continues to outstrip vehicle supply

He said that the company is in investment mode but still its unit economics has improved dramatically in the last few quarters

Uber considers India a huge opportunity to hone and test its products for other developing nations

Through UberMedic, it would make available its wide network of drivers to authorities to facilitate transportation for frontline healthcare providers to and from their homes as well to healthcare and medical facilities.

The fund raise brings Vogo's valuation to $76.3 million, according to Registrar of Companies filings sourced from information platform Paper.vc.

Global-ride hailing giant Uber now plans to offer self-driving car rentals and shuttle bus services in India

Softbank reportedly suffered $6.5 billion in operating losses from investments in cash-burning businesses including New York-based real estate firm WeWork, and cab-hailing service Uber.

Travis Kalanick has already offloaded more than 90% of his stake worth $2.5 billion

The fundraise will reportedly push the valuation of the company to $300-$350 million

According to a news report, the central government plans to cap the commission for aggregators to a maximum of 10 per cent of the total fare, compared with about 20 per cent currently while also putting in place rules around surge pricing and rider safety

Shanti Mohan, founder of LetsVenture, believes that if women can manage household finance, they can make business investments as well

Vikas Sarda, chief financial officer of Unitus Capital, believes public money is a different game altogether and should be availed only after attaining certain size

"My judgment around WeWork was not right in many ways," he said on Wednesday after announcing company result

The online food delivery market in India is expected to grow at over 16 per cent annually to over $17 billion by 2023, and the comments from Uber could mean more cut-throat competition

Around 99% of the start-ups in garage aggregator and pick and drop model have already shut down for not addressing the real challenges of the sector

It is noteworthy that lenses used by private and public investors are quite different

Uber has restructured its corporate holdings to bring its cab and food delivery business under Uber India Systems

Rapido Raises US$55 million in Series C round of funding led by WestBridge Capital & Others

APIs are the essential tools that get you all the goodness from the field to your laptop, phone, TV, whatever the analogies running on the screen comes to form the APIs

This move is aimed at developing deep tech solutions for mobility

Even plumbers, electricians, and cooks depend on their creative abilities and reasoning to do their respective jobs and this is what we need to know