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UBER FLEET INVESTMENT
Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala SitharamanUber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadru...
Uber stock jumps 9% after $53.7 billion bookings beat: is UBER entering its strongest growth phase again?UBER stock surged roughly 9% in premarket trading after the company reported first-quarter 2026 results that beat Wall Street on the metric...
Rivian stock (RIVN) today surges after Uber’s $1.25 billion bet on robotaxis – here's the breakdown of the deal and what investors need to knowRivian stock (RIVN) today: Rivian Automotive's stock surged over 7% following a significant partnership with Uber Technologies. Uber plans ...
Uber to double its premium service Uber Black fleet this yearUber plans to double the size of its premium Uber Black fleet in India by 2026, responding to rising demand for high-end mobility. The comp...
Uber accelerates premium ride push in India with 'Black' expansionUber is expanding its luxury ride service, Uber Black, in India. The company plans to double its fleet size by 2026 in Delhi, Mumbai, and B...
Uber invests in CarDekho-backed fleet management startup CarrumUber has made a strategic investment in Gurugram-based fleet operator Carrum, though financial details were not disclosed. The startup will...
Exclusive: BluSmart may end cab-hailing trip, hit reverse gearElectric ride-hailing startup BluSmart plans to exit its core business and become a fleet partner for Uber, starting with 700-800 cars. Str...
ETtech in-depth: Ride-hailing on a rollercoaster ride with sharp twists, turnsIndia's ride-hailing market has seen major changes in the last 12-15 months, with Rapido gaining a 20% share, while BluSmart and Ola lose g...
Fleet operator Everest Fleet raises $30 million from Uber IndiaEarlier this year, Axis Bank had extended a $12 million loan to Everest to push its transition to a sustainable electric fleet in India. Th...
Uber promotes APAC head Parameswaran to global roleParameswaran would head business development for Uber, its enterprise product, and new ‘fleets’ team
Rockstud Capital announces partial exit from Uber-backed Everest FleetThe development comes a day after another early investor of Everest Fleet, Artha Venture Fund, announced a partial exit from the Uber-backe...
Uber-backed Everest Fleet raises Rs 50 crore from Paragon PartnersThe equity investment into Everest Fleet has come just a month after it raised an undisclosed amount of debt from mid-market-focused altern...
Uber appoints Arnab Kumar director of business development for India & South AsiaKumar has had previous stints at cryptocurrency exchange Coinbase, investment fund Prosus Ventures, and at Indian think tank Niti Aayog, wh...
Uber leads new $20 million funding round in Mumbai-based Everest FleetThe funding is Uber’s first inorganic investment in India, and comes in the backdrop of the US-based urban mobility company’s expansion int...
Toyota invests $500 million in Uber to get self-driving cars on the roadAs part of the pact, Toyota will manufacture Sienna minivans equipped with Uber’s self-driving technology and another company will operate ...
Ola pumps in Rs 100 crore into car leasing businessIn 2015, Ola had announced setting up of a captive leasing subsidiary to finance cars to be added to its platform and had announced an inve...
Uber hails 200,000 cabs with eye to expand India driveRival Ola recently signed a deal, potentially worth Rs 2,600 crore, with M&M to purchase 40,000 vehicles in two years for its driver-partne...