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Uber stated that it is the first product from the company’s high-capacity vehicles program to be launched in India

Uber launches corporate shuttle service for Indian office-goers

Sep 16, 2021

The shuttle service launched by Uber is a customised commute service with seating for anywhere between 10 – 50 employees in a single vehicle.

Khosla Ventures had earlier invested an undisclosed sum in Vahan’s seed round

Vahan raises $8 mn in round led by Khosla Ventures

Sep 15, 2021

The freshly infused funds will be utilised to grow the team, scale the business and build new products.

Uber

Uber CTO Sukumar Rathnam to step down

Sep 15, 2021

Rathnam had been increasingly at odds with the company’s chief product officer Sundeep Jain, according to the report

More than the top start-ups and numerous others that aspire to be there, Bengaluru is also infamous for erratic traffic snarls. Photo: Reuters

'My pitch to Uber driver': Bengaluru commuter's travails of shared mobility

Sep 14, 2021

People in Bengaluru, the Silicon Valley of India, find the so-called 'start-up humour' even in the worst situations

Uber said it will appeal against the decision and "has no plans to employ drivers in the Netherlands".

Uber drivers are employees, not independent contractors: Dutch court

Sep 13, 2021

The Amsterdam District Court sided with the Federation of Dutch Trade Unions, which had argued that Uber drivers are in fact employees of a taxi company and should be granted the same pay and benefits as other workers in the sector.

MapmyIndia to file papers for IPO

MapmyIndia to file draft papers for Rs 1,200-1,300 crore IPO

Aug 30, 2021

Based in Delhi’s Okhla, MapmyIndia sells its technology and geospatial information to a range of global brands including Uber Technologies, Tata Motors, Honda, Toyota, BMW, Mercedes-Benz, McDonald’s Corp, Amazon as well as Flipkart

The shift has cast a chill on SoftBank’s investing in China, which makes up about a quarter of its funds’ portfolio

SoftBank's Vision Fund reports $2 billion profit in Q1

Aug 10, 2021

The Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments such as Chinese ride-hailing firm Didi Global Inc and “Uber for trucks” startup Full Truck Alliance Co Ltd

Delivery Hero operates in about 50 countries worldwide, with particular strength in Asia, where it owns the foodpanda brand (Source:Reuters)

Germany's Delivery Hero buys 5.09% stake in UK rival Deliveroo

Aug 09, 2021

Shares in Deliveroo rose more than 6% to 345 pence. They were priced at 390 pence in its initial public offering (IPO)

SoftBank Group shares rose 4.1% (Source: Reuters)

SoftBank sells $45 mn in Uber stock after Didi bet backfires

Jul 29, 2021

SoftBank shares have been under pressure in recent weeks on an unrelenting stream of crackdowns out of Beijing on fast-growing Chinese firms, ranging from Didi to edtech firms

The company said its merchant partners felt the need to build a direct communication channel with their consumers.

Uber India comes up with storytelling feature on Eats app; here's what it is

Jul 06, 2021

The feature has so far been rolled out only in the US and Canada, Uber said, adding that it reinforces the 'Make in India for the World' vision.