Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, announced that it has raised $100 million in a Series B funding round, valuing the company at $750m. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023. The round will enable Moove to expand its…
Ride-hailing company Uber has led a $20 million funding round in Mumbai-based fleet operator Everest Fleet, according to ET report. The funding is Uber’s first inorganic investment in India, and comes in the backdrop of the US-based urban mobility company’s expansion into electric vehicle (EV) services for which it has partnered with several fleet operators…
DRIFE, a decentralised blockchain-based ride-hailing platform, has announced that former Uber director Daniel Mangabeira Dantas has joined Drife as a Strategic Investor and Policy Advisor. As a former political advisor to the UK Ambassador to Brazil as well as one of the architects of the ridesharing regulatory debates in Brazil and Latin America, Mangabeira has…
Uber said it has elevated Nitish Bhushan as the Director of Central Operations, and Shiva Shailendran as the Head of Cities Operations for India, Bangladesh, and Sri Lanka region, according to PTI report. In the new roles, Bhushan will oversee the operations of core product lines including UberGo, Premier, XL, Auto and Moto for Uber in the region,…
Uber has named Abhilekh Kumar as the new director of business development for its India and South Asia business, effective September 02, 2021. In his new role, Kumar will be responsible for identifying and growing commercial relationships that serve Uber customers better and expand the company’s footprint. “Abhilekh has been with Uber since 2019, and has been a…
Uber has announced that it has named Ameya Velankar as head of marketing for India, South Asia. Prior to Uber, he was responsible for leading SC Johnson’s category marketing and was Marico’s group product head. Speaking on the announcement, Prabhjeet Singh, president, Uber India South Asia, commented, “We are delighted as Ameya takes on his…
Uber has appointed Divya Garg as the Head of HR for the India and South Asia (SA) region, according to ET Bureau report. In her new role, Garg will work closely with the India SA leadership team to consolidate Uber’s growing presence in these strategic markets and build a diverse and inclusive work culture. Most recently, Garg had a stint with Accenture, where she…
Chandni Kakkar has been appointed as Senior HR Specialist at Uber. Most recently, Kakkar served as Deputy Vice President at HDFC ERGO General Insurance. Kakkar has over nine years of experience in various HR functions, including Performance Management, Leadership Assessment, Organisation Design, Learning & Development, Diversity & Inclusion, Organisation Values & Culture. “I’m excited to…
JupiterOne, the provider of cyber asset management and governance solutions, has announced the hiring of Sounil Yu as Chief Information Security Officer, and the appointment of Latha Maripuri to the company’s board of directors. Yu joins JupiterOne as CISO and Head of Research. He was the former CISO-in-Residence for YL Ventures, where he worked closely…
Ride-hailing major Uber has extended work-from-home policy for its employees till September 13, as California continues to show a dramatic decline in the number of Covid-19 cases, according to IANS report. Uber is also encouraging employees to get vaccinated when it’s possible to do so, reports TechCrunch. “In considering the extension, we took into account…
Joby Aviation, a transportation company developing an all-electric, vertical take-off and landing passenger aircraft, has announced that Uber Technologies, Inc has agreed to invest a further $75 million in Joby as part of a broader transaction involving the acquisition of Uber Elevate by Joby and an expanded partnership between the two parent companies. This investment…
Aurora has announced the acquisition of Uber’s self-driving unit, Advanced Technologies Group, to accelerate the development of the Aurora Driver. “By adding the people and technology of Uber’s Advanced Technologies Group to the incredible group we’ve already assembled at Aurora, we’re shifting the landscape of the automated vehicle space,” said Chris Urmson, co-founder and CEO…
Ride hailing giant Uber has announced the appointment of Manikandan Thangarathnam as Senior Director to lead all Rider and Platform engineering teams. The move will strengthen the company’s tech team in India, it said. “We’re bolstering our tech presence in India with the hire of Amazon veteran, Manikandan Thangarathnam. He joins us as Senior Director…
Uber, the global ride hailing services provider that develops applications for road transportation, navigation, ride sharing, and payment processing solutions, announced that it has introduced Auto Rentals services in India. “The new Uber Auto Rentals service understands your needs and priorities: one of which is to book a ride by the hour to help get…
Uber announced that it will recruit 140 more engineers for its tech teams in Bangalore and Hyderabad to build cutting-edge products in areas such as rider and driver growth, delivery, marketplace, customer service, digital payments, risk and compliance, safety, and finance technology. “These expansion plans are in line with our vision to make mobility and…