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Uber is finally opening up about the ongoing cab strikes in Indian cities and publicly addressing drivers' demands. Uber, which operates in over three dozen cities in India, is far beyond the "land-grabbing" phase, Sanchit Vir Gogia, chief analyst at…
Read More Uber Is Done Giving Lucrative Incentives To Drivers In Its Fastest Growing Market
Uber’s desperate attempt to turn India into its next big market isn’t chugging along smoothly. On top of regulatory hurdles that Uber has faced in nearly every region it operates in, the company is struggling in "right-sizing" its business model…
Read More Uber Drivers Are Just An Unhappy Lot In This Country
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…
Read More Uber-Reliance Jio Partnership Signals Larger Battle In Mobile Wallets
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…
Read More Is it End Of Road For Ride-Sharing By Uber And Ola, Over Safety, Legality Debate?
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…
Read More With UberEATS, Is Uber Biting Off More Than It Can Chew?
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…
Read More Flashback 2016: Uber Sharpens Focus On India After Losing China Battle
Japan’s SoftBank Group Corp. has written down as much as 58.1 billion yen ($555 million) in two of its biggest investments in India, cab-hailing firm Ola (ANI Technologies Pvt. Ltd) and e-commerce marketplace Snapdeal (Jasper Infotech Pvt. Ltd), the company…
Read More SoftBank Group Writes Down $555 Million In Ola, Snapdeal Investments
Internet giants Facebook and Google are moving beyond their existing offerings and platforms to venture into aggregating online services. Instead of using multiple applications for various needs, Facebook and Google are looking to layer these services to a single platform.…
Read More Internet Giants Turning One-Stop Platforms To Beat App Economy
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…
Read More After China Sellout, Uber May Now Sharpen Its Focus On India, Look For Buyouts
Tim Cook started his India tour with an obeisance to Lord Ganesha, the favourite deity of those in trouble, at Mumbai’s Siddhivinayak temple. Cook did not put all his faith in religion alone, he also leaned on India’s other obsessions. The…
Read More India Plays Hard To Get As Zuckerberg , Tim Cook, Jack Ma, Nadella Come Calling
In April, on-demand grocery delivery service PepperTap shut shop. Recently, online beauty services provider Amber Wellness, which was operating in Bangalore, New Delhi and Mumbai, closed down. But these are not isolated cases. In 2015, around 13 startups closed operations.…
Read More The Real Reasons Behind Indian Startups Shutting Down
The business models of major online taxi aggregators may be headed for a test in India. On April 6, the southern Indian state of Karnataka announced a ban on surge pricing—the practice of raising fares when demand for taxis is…
Read More Is it stupid to end surge pricing by Ola and Uber in India?
The list of those betting on the future of Ola, India’s largest taxi aggregator, keeps getting longer. After having mopped up close to $900 million from more than a dozen investors since 2011 when it was set up, Ola (formerly…
Read More What Ola cabs is doing to keep its competitors at bay
The list of those betting on the future of Ola, India’s largest taxi aggregator, keeps getting longer. After having mopped up close to $900 million from more than a dozen investors since 2011 when it was set up, Ola (formerly…
Read More What Olacabs is doing to keep its competitors at bay
Why is taxi-hailing app Uber doubling down in India and China? Last month, the San Francisco-based company closed $1 billion in fresh funding, raising its valuation to $50 billion-plus. The fund-raising coincided with its announcement that it was going to…
Read More Will Uber come up trumps against homegrown Olacabs?
Times were when you used to call your local taxi stand and keep your fingers crossed hoping the cab, rickety as it was, would turn up in time to take you to the airport. That tradition has been all but…
Security firm Topsgrup, run by Tops Security Ltd, is planning to raise $100 million from international private equity (PE) firms to fund acquisitions and provide existing investors a profitable exit. These incidents, along with cyberattacks on corporate networks, are driving…
Read More Topsgrup To Raise $100 Million From International PE Firms
The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…
Read More Ola’s Buy Signals Early Shakeout In The Taxi Segment
The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…
Read More Ola’s Buy Signals Early Shakeout In The Taxi Segment
Confident that strong regulatory and monitoring mechanism will eliminate problems. Despite the Delhi government and some States banning the operations of taxi aggregators after a Uber cab driver allegedly raped a passenger, investors continue to place faith in them, in the…
Amazon, Uber recently expressed concern over lack of clarity in regulation. E-commerce players such as Amazon and Uber feel that dated laws and lack of clarity in regulations are the biggest risk for their India operations. “The rules that exist are…
Read More Dated laws, policy grey areas worry e-commerce players
Amazon, Uber recently expressed concern over lack of clarity in regulation. E-commerce players such as Amazon and Uber feel that dated laws and lack of clarity in regulations are the biggest risk for their India operations. “The rules that exist are…