Uber Hits the Brakes on AI Spending After Burning Through Annual Budget in Just Four Months
Artificial intelligence is transforming software development at an unprecedented pace, helping engineers write code faster, automate ...
Read more
Tag: #ride_hailing_service
TVS Motor Exits Rapido With ₹288 Cr Stake Sale to Accel and MIH Investments
In a strategic move to unlock value from its startup portfolio, two-wheeler giant TVS Motor Company ...
Read moreRapido Hit with ₹10 Lakh Fine for Misleading Ads
India’s bike taxi and auto aggregator Rapido has found itself in hot water. The Central Consumer ...
Read more
BluSmart Promises Wallet Refunds Within 90 Days Amid Service Suspension
In a stunning turn of events, ride-hailing platform BluSmart, once hailed as India’s eco-conscious answer to ...
Read moreSEBI Cracks Down on Gensol Promoters for Misusing EV Loan Funds for Luxury Living
In a shocking revelation that’s rocked India’s electric vehicle and startup ecosystem, the Securities and Exchange ...
Read more
Weekly Business Updates: From Domino’s expansion plan to Zerodha’s Reluctance to Go Public
In India, Jubilant FoodWorks, the Domino's Pizza master franchisee, is starting a bold expansion plan. The ...
Read more
Uber Shifts to Zero-Commission SaaS Model for Auto Drivers in India
Uber has taken a revolutionary step by offering auto drivers all over India a zero-commission model ...
Read more
Government Launches Probe into Ride-Hailing Apps Over Alleged Differential Pricing for iOS and Android
Although India's digital economy has been a pillar of innovation and progress, recent accusations against prominent ...
Read moreUber Black takes re-entry into Indian market after 10 years
Uber has returned to the Indian market with its premium service, Uber Black, beginning in Mumbai ...
Read moreRide-hailing platform Rapido becomes a unicorn following $120 Mn funding
Following a $120 million Series E fundraising round, Rapido, the bike taxi service startup supported by ...
Read more