Taxi-hailing app Uber is giving a new name to surge pricing — upfront fare. Uber hopes that by showing fares to customers before booking a ride, a practice it follows for shared rides on its platform, it can be more successful. Uber says it is able to predict the fare for a trip by having [&helli…
Tag: Uber
Start-ups in a state over Karnataka’s rules
Start-ups in India’s innovation capital Bengaluru are chary about their survival in the wake of the stand-off between Uber, the world’s most valuable start-up, and the Karnataka government. While Uber is yet to comply with the On Demand Transportation Technology Aggregators Rules, 2016, implement…
Uber looks to have its own payment wallet in India
App-based taxi aggregator Uber is keeping its options open to have its own payment wallet in India despite its current collaboration with Paytm that allows riders to pay digitally. We recently announced our partnership with Paytm and I think part of Uber’s success and strategy is to work wi…
Ola to raise $1 billion to fend off Uber
ANI Technologies, the company that owns India’s largest taxi aggregator, Ola, is in talks to raise nearly $1 billion (Rs 6,700 crore) in fresh funding to compete with global rival Uber, which has a war chest for India, ‘the only market that remains open globally. Ola is expected to close th…
Ola expands premium service ‘Lux’ to Delhi-NCR
After Micro, taxi aggregator Ola is now betting on the luxury segment for growth and has expanded its premium service ‘Lux’ to Delhi-NCR. Using Ola ‘Lux’, users will be able to book rides in high-end sedans like Jaguar, Mercedes, Audi, BMW, Toyota Camry, Fortuner and Honda…
Foreign firms to be invited to Startup India anniversary
The government plans to invite prominent international startups to enter India’s growing new economy. The department of industrial policy and promotion will organise a start-up conference next January to coincide with the first anniversary of the StartUp India initiative, according to an official…
I foresee a lot of automation & intelligence coming out of cloud telephony use-cases | S Ganesan, CEO & Co-Founder, Exotel
In this growing era of development, Cloud telephony is poised to change the way businesses look at customer communications.Cloud telephony refers specifically to voice services where they deliver scalability and reliability, allowing businesses to communicate better with their customers and vendo…
Uber ramps up services in five new areas in Chennai
Cab aggregator Uber has ramped up its services offered in the city by adding five new areas with effect from 7 June 2016. As per the new services, Uber would operate cabs in Vandalur, Guduvancherry, Kelambakkam, (SRM University) Potheri and upto Mahindra World City (Singaperumalkoil), a company s…
Cab aggregation platform TaxiVaxi raises $500,000 in seed funding
BAI Infosolutions , which owns and operates online cab aggregation platform TaxiVaxi , has raised its second round of seed funding , led by a clutch of high net worth individuals. The New Delhi-based startup has raised $500,000 (about Rs 3.3 crore) in the latest round, and will use the proceeds t…
Cutting influence of big businesses is good, but strengthen SME policies
Narendra Modi’s government is completing its two years and while several things have changed people’s expectations is that more could be done. But what is it that can be done if real change has to happen. What is needed is not always what business particularly big business wants. One thing that h…