Over 175 founders have sought Vasupal’s release.
By Aditi Shah
Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters. Uber had planned to buy 15,000 new cars last year and lease them out… Read more »
It’s great that Travis Kalanick is seeking leadership help, though the Uber Technologies Inc. CEO might need advice in another area. Let’s call it DUD — distressed Uber debt. After a dashboard video of Kalanick’s spat with a driver, Fawzi Kamel, went viral last week, the co-founder of the ride-hailing service offered… Read more »
Ride-hailing service Ola has pumped Rs50 crore into its leasing subsidiary, Ola Fleet Technologies Pvt. Ltd, according to regulatory filings. This is Ola’s first significant capital infusion into the entity since its acquisition two years ago. Ola bought Delhi-based radio taxi service provider GCabs, owned by Apra Cabs India Pvt…. Read more »