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    • Government turns to domain experts as probe into Ola, Uber fare algorithm drags

      The official added that while the government is convinced 'there are lapses', any quasi-judicial action must be backed by 'robust technical findings'

    • Rapido is India’s No.1 mobility company, says Prosus CEO Fabricio Bloisi

      Prosus recently invested as much as $67 million in the mobility firm, increasing its stake to around 10.2 percent, filings showed.

    • Rapido’s food delivery offering to go live in Bengaluru’s Koramangala, HSR and BTM Layout

      The zero-commission platform, called Ownly, will be available on the App Store and Play Store this week, offering offline-equivalent prices and a flat delivery fee for restaurants.

    • Drivers' insurance on ride-hailing platforms falls short in implementation

      Despite the legal requirement, many drivers remain unaware of such coverage, and even those who are aware often lack access to formal policy documents or clear instructions on how to make a claim, say experts.

    • Driver fee, pickup fee, congestion fee: Bengaluru ride-hailing users hit hard by add-on charges

      Karnataka transport secretary NV Prasad told Moneycontrol that the government has received complaints of fare hikes by app-based autos after the bike-taxi ban and will take strict action.

    • Karnataka govt holding regular consultations on bike taxi policy, says Rapido's Pavan Guntupalli

      Guntupalli said Rapido alone accounts for 5 lakh rides in the state, creating 1.5 lakh daily jobs, and that an estimated 8 lakh rides happen in the state across players

    • Tipping point: CCPA notice to Uber puts spotlight on pre-trip tipping in ride-hailing apps

      For many commuters, the in-app tipping trend feels like digital déjà vu of the street-side haggling they hoped to escape.

    • BluSmart seeks a buyer: What’s next for one of India’s oldest EV ride-hailing startups?

      Industry sources indicate that Uber may also be considering an acquisition through its vendor, Everest Fleet.

    • Uber in early talks to acquire EV ride-hailing firm BluSmart

      The talks come in as BluSmart's parent company Gensol Engineering is facing liquidity issues.

    • Swiggy-backed Rapido’s revenue up 46% YoY to Rs 648 crore in FY24, losses down 45%

      Rapido has also cut its losses by around 45 percent to Rs 371 crore in FY24 from Rs 675 crore in FY23 on the back of a reduction in its overall expenses.

    • Ola-Uber challenger Namma Yatri eyes US foray, in talks to partner with American unions

      The firm recently raised $11 million (Rs 92 crore) in a pre-Series A funding round.

    • Ola-Uber challenger Namma Yatri pilots auto, cab rentals

      Ride-hailing firm Namma Yatri, built on top of ONDC, is expanding its offerings as the company looks to compete with rivals Uber and Ola.

    • EV ride-hailing firm BluSmart Mobility to raise $25 million in pre-series B funding

      In December of 2023 the platform secured $24 million in equity round in addition to raising long term and sustainable EV asset funds worth USD 200 million, backed by leading development financial institutions.

    • Bengaluru-based EV ride-hailing startup Shoffr raises $1 million from its users

      The startup will use the funds to expand the team, grow sustainably and bring the Shoffr experience to more people, co-founder Vikas Bardia has said

    • India is one of the toughest markets for Uber, says CEO Dara Khosrowshahi

      Despite the challenges, Khosrowshahi said the company plans to expand its low-cost service segments, particularly two-wheeler and three-wheeler services in India.

    • Ola announces fellowship program for AI researchers at IIT Bombay

      Several top companies within India and globally have said that there is a huge demand for AI talent. Ola's program will span across engineering disciplines

    • Office commute platform MoveInSync raises $15 million funding from Bessemer Venture

      The fundraise for the startup founded in 2009 comes nearly six years after it raised $8 million in Series B funding round led by Nexus Venture Partners.

    • Namma Yatri goes live in Delhi via ONDC; says per trip cost has dropped 96%

      A Namma Yatri ride used to cost the company Rs 219.5 in January 2023 which fell to Rs 8.6 by December

    • Uber India posts 54% YoY jump in FY23 revenue at Rs 2,666 crore

      The company's revenue from rides increased 74% to Rs 678 crore in FY23 as against Rs 388 crore last financial year. The firm's revenue from support services was recorded at 1,977 crore, up 52% year-on-year (YoY)

    • Uber revamping app to bring down cancellations, maximise earnings for drivers

    • Tata Motors and Uber sign MoU to launch fleet of 25,000 XPRES-T electric cars

    • Ola to shut down its infotainment service Ola Play from November 15

    • App-based auto ban in Karnataka leaves drivers confused, citizens frustrated

    • Cab aggregators need to set transparent policy on surge price revenue sharing: CCI

    • Electric ride-hailing BluSmart raises $50 mn to scale up its EV car fleet

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