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RIDE HAILING PLATFORM
In 2011, Ashton Kutcher invested $500,000 in Uber; 5 years later, his stake was worth more than $60 million as the ride-hailing company expandedIn 2011, Ashton Kutcher invested $500,000 in Uber when the ride-hailing startup was still finding its footing. Five years later, his stake ...- In 2015, Beyonce accepted about $6 million in Uber stock instead of cash for a performance; 4 years later, the company went public at an $82 billion valuationBeyoncé and Uber story remains a striking example of how celebrity culture, technology startups and equity compensation converged during Si...
- Consumer protection body imposes Rs 10 lakh penalty on Rapido for use of dark patternsThe consumer watchdog found that Rapido used two practices classified as dark patterns - “confirm shaming” and “interface interference” - a...
- Rapido faces Rs 10 lakh penalty over ‘pay more, get a ride’ prompts, dark patterns in appThe Central Consumer Protection Authority fined Rapido Rs 10 lakh for misleading interface designs. Rapido used dark patterns like 'Confirm...
- If your car breaks down on a highway, help could reach you faster: How NHAI is upgrading its helpline to quickly dispatch ambulances, cranes & patrol vehiclesNHAI is set to upgrade its 1033 helpline with advanced technologies such as Artificial Intelligence (AI) and real-time location tracking. T...
- IAMAI wants 5% GST dropped for app-based ridesApp-based mobility firms want GST exemption on their platforms. They argue the five percent tax applies unfairly to technology connectors. ...
- Carrum Mobility raises $10 million from Uber at Rs 1,505 crore valuationCarrum Mobility has raised $10 million (around Rs 96 crore) from Uber, taking its post-money valuation to Rs 1,600 crore. The B2B fleet tec...
- Gig-worker levy: Turnover-linked formula seen as more proportionate than transaction-based levy, say AnalystsIndia’s proposed social-security contribution model for gig workers could have vastly different effects across platforms. Analysts say a pa...
- ‘Pulse’ check: How PhonePe is turning transaction data into market intelligenceIn an exclusive conversation with The Economic Times, PhonePe’s Karthik Raghupathy explained how PulsePro was born out of demand for postal...
- Tesla starts Cybercab rides in Austin, prompting US safety agency evaluationCEO Elon Musk has said the Cybercab is key to transforming Tesla into a dominant force in driverless vehicles. The National Highway Traffic...
- Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
- Uber layoffs impact India; RMG ban, a year onHappy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.
- Uber to cut 3,300 jobs in company overhaul to reduce management layersChief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber’s growth in recent...
- From N Chandrasekaran to Campbell Wilson: A look at some of India Inc’s biggest names who are walking out in 2026India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies...
- Rapido, Uber, Ola down across several Indian citiesSeveral ride hailing apps, including Ola, Uber and Rapido, faced significant disruptions across major Indian cities on Thursday. Users repo...
- Rapido faces tech outage, users report issues in several citiesRapido users in several Indian cities reported app outages today. The ride-hailing service experienced a brief technical issue affecting ma...
- ET Startup Awards 2026 | Startup of the Year: Street-smart Groww outruns regulatory odds to claim top prizeWith the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks a...
- Gigged and Gagged: Algorithms, gig platforms are reshaping cities faster than planners and regulations can adaptAlgorithms and logistics are subtly redesigning India's urban geography and economics. Dark stores and ride-hailing platforms are altering ...
- ET Startup Awards 2026: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...
- Uber launches autonomous rides in Zagreb, its first in EuropeCurrently, riders can book robotaxis in key areas in Zagreb, including the city center, with service availability and geographic coverage e...
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