A couple of weeks ago, we spoke with Karun Arya, Uber’s communications lead for Southeast Asia and India to ask him about Uber's drivers, the regulatory challenges the company faces and driver incentives. In this two part interview series (read part 2 here), we ask him how Uber plans to expand to India, SOS alerts and its challenges as a company: MediaNama: Where does Uber plan to use the money raised from Tata Opportunities Fund (TOF)? Karun Arya: TOF’s investment is into Uber Global, its not into Uber India. The money that we raised from different investors goes into our business globally, investing in new markets that we expand to globally, development of new products, in terms of actual products themselves (such as UberEats, UberRush, UberPool in other markets) or into new payments solutions. We’re constantly experimenting with new partners in terms of getting services. Airtel Money is an example of that in India, as is cash payments, but we also explore what other payment solutions make sense to us. The other part is the safety ride: we’re doing a ton to work to ensure that we make Uber as safe and reliable as possible; and a couple of these solutions that we developed for India, is how we invest in safety. MediaNama: What kind of services do you see developing out of India? There was also the recent $1 billion investment. Karun Arya: The $1 billion investment, which is again Uber Global, is a commitment to invest in India in the…
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
News
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
Advert
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
News
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
News
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...