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Coverfox raises $15M, Amazon CEO Jeff Bezos’ net worth drops, Uber’s CEO...
In the news, Coverfox raises $15M, Amazon CEO Jeff Bezos’ net worth drops, Uber’s CEO might step down & more stories in Today’s brief, 1. Fin-tech startup Lendingkart raises $7.8 mn in debt from...
View ArticleUber’s Relationship Problem With Its Customers
A few years ago, I was taking an early morning flight home from Atlanta. Since it was 5 in the morning, I didn’t feel like standing outside to wait for a taxi, so I decided to use Uber. As with most of...
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Ola secures $50m, Amazon doubles seller base, Uber CEO’s unclear future &...
In today brief we have Ola securing $50 million, Amazon doubling seller base, Uber CEO’s unclear future & more stories. 1. Ola secures $50m from NY hedge fund India’s largest taxi aggregator Ola...
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Uber sued, MoneyTap raises $12.3M, Tesla’s India launch & more stories in...
In the startup news brief today we report that Uber has been sued, MoneyTap has raises $12.3M, Tesla’s is working on the import duty exception for India launch and more stories. 1. Uber sued by India...
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Travis steps down as UBER CEO amidst increased investor pressure
Earlier this week Uber CEO Travis had announced that he would soon be taking an indefinite leave of absence to become a better leader. However, apparently this didn’t convince the investors who have...
View ArticleThe fall of Uber’s Travis Kalanick ‘The Brilliant Jerk’, Is it end of ‘cult...
Travis Kalanick’s final hours as Uber’s chief executive played out in a private room in a downtown Chicago hotel Tuesday. Just a few months ago, Kalanick’s position at Uber seemed impregnable. He had...
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Expedia’s Chief Dara Khosrowshahi all set to become the Uber CEO
Uber has been under the storms eye for a long time now and the most important blow was the stepping down of the Uber founder Travis three months ago. Well, apparently things look brighter now since...
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The ride hailing race is now a battle between billionaires – Masayoshi Son Vs...
With the ever growing traffic on the roads more and more people are looking for alternatives to driving their way across the city. Well the fight for a piece of the cake has become fiercer due to...
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Uber plans on selling it Southeast Asia business to Grab. What happens in...
Uber has been trying hard to regain its lost sheen in past couple of months. To manage this the ride-hailing firm Uber Technologies Inc. has agreed to sell its Southeast Asian business to bigger...
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Karnataka Govt May Allow Bike Taxis Soon, Uber Files Application To Improve...
Following suit with Goa, Haryana, Mizoram, and West Bengal, Karnataka may be the next state to legally allow on-demand bike taxis services in the state. The Karnataka transport department, after...
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