Uber-Reliance Jio Partnership Signals Larger Battle In Mobile Wallets

Mukesh Ambani-promoted Reliance Jio’s partnership with Uber, the American cab-hailing company announced on Monday, signals a larger battle in the mobile wallet space where Paytm leads with over 160 million users. Airtel could not gather the critical user base while…

Rs 1.25-Cr Uber Package: Delhi Student’s Offer Matches Silicon Valley Salaries

A starting salary of Rs 1.25 crore per annum to a Delhi student matches the average pay package of American software engineers but is still 40-50% more that what Indian techies working in the US earn. “An average American software-engineer…

Is it End Of Road For Ride-Sharing By Uber And Ola, Over Safety, Legality Debate?

Rideshare, which allows two or more people going in the same direction to use one cab, might be a good concept, but when did a good concept come in the way of law? It has in the case of cab…

With UberEATS, Is Uber Biting Off More Than It Can Chew?

Online food delivery is a tricky space for Indian startups, what with intense competition, wafer-thin margins and a funding drought that shows no signs of a let-up. So it was a bit of a surprise when San Francisco-based Uber, the…

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…

Funds Dried Up And Valuations Fell: The Year That Was For Startups

The biggest change for technology startups came on November 8, when the government announced its decision to ban currency notes of Rs 500 and 1,000. Suddenly technology became a large driver for commerce. While retail sales in pockets dropped up…

After China Sellout, Uber May Now Sharpen Its Focus On India, Look For Buyouts

Uber has created a bump in its tracks with Didi Chuxing, the global giant's arch rival in China buying out its operations there. The combined entity is now valued at $35 billion, according to news reports. The buyout is a jolt in…