Uber names Rent.com's Amit Jain as India head

Online taxi hailing service Uber Technologies Inc has named Amit Jain as President of its India operations, to lead the San Francisco-based company's expansion in the country.

Jain used to be president of US home rentals website operator Rent.com, the company said.

Counted among the most valuable start-ups in the world, Uber has lagged local rival Ola in India. The company has tweaked its business model to include cash payments and tie-ups with operators of autorickshaws as it tries to get a bigger market share in the country.

(Reuters)