Amit Jain to head Uber in India
In a move to tackle competition in India, Uber has appointed Amit Jain as its President for India operations.
Jain was working as a senior executive with Rent.com before moving to Uber.
Amit Jain is a B. Tech. (computer science and engineering) graduate from IIT Delhi and a Stanford alumnus.
Jain has worked at TPG Capital, Nexeo Solutions and McKinsey previously.
2010: Uber creates a stir in the transportation world
Uber was founded as "UberCab" by Travis Kalanick and Garrett Camp in 2009 in San Francisco as a premium car service. The app was unveiled the next June.
Uber reinvented the transport experience by introducing cashless payments and an impressive 8 minute turnaround time for a cab.
The company is operating in 53 countries and is valued at $66 billion today.
29 Aug 2013: Bangalore goes the Uber way
Uber doled out its "secret testing mode" in India in August 2013. This was a pilot project to test the pricing.
Uber aimed to bridge the gap in Indian transportation due to "underdeveloped traffic infrastructure".
The Bangalore launch came after Uber's consecutive launches in Cape Town and Dubai.
Uber offered its very first rides to celebrities like Raghu Dixit and Vasundhara Das.
Fact: Three employee rule!
Uber does not employ more than three employees in each city; so it is based in 10 Indian cities and has an employee strength of 30 (sans drivers).
19 Aug 2014: UberX launched in India
Uber introduced Uber X in India.
It was kicked off in 3 Indian cities simultaneously, Bangalore, Hyderabad and New Delhi.
The new service also gives the option called "Split Fare", where a number of friends can ride and split the fare.
Simply put, UberX is everything that Uber Black is, but only cheaper.
12 Dec 2014: Uber lands in legal troubles
On 8 December 2014, Shiv Kumar Yadav, an Uber driver raped a 27 year old, while on duty.
The rape incident led to Delhi government banning Uber operations in the capital.
Further a case of cheating, under Section 420 of the IPC was also registered against Uber.
On 11 December 2014, Government of Karnataka banned Uber for being an unregistered taxi service.
Fact: Operating in spite of the ban
Uber restarted its services in the capital by January 2015 despite being blacklisted.
1 Jun 2015: Amit Jain to head Uber in India
3 Mar 2016: Uber launches bike taxi- UberMoto
Uber launched its new motor bike taxi service called UberMoto at Rs.3 per kilometre in Bengaluru. Its rival Ola too launched a similar service at an introductory fare of Rs.2 per km and Rs.1 per minute of trip time.
UberMoto will go live on 4 March.
The service will have GPS tracking and driver details for the riders; helmets will also be provided.
02 Feb 2017: Cyrus Mistry's close aide Madhu Kannan joins Uber
An ex-GEC of the Tata Group and Cyrus Mistry's close aide, Madhu Kannan has now joined Uber as its Chief Business Officer, India and Emerging Markets.
After Cyrus Mistry was replaced as the chairman by Tata Group, Madhu Kannan had resigned from Tata Sons.
Kannan described the same as getting a "once in a lifetime opportunity."
06 Feb 2017: UberHIRE launched in 9 Indian cities
USA-based cab aggregator Uber has launched 'UberHIRE' in 9 Indian cities including Delhi, Mumbai and Pune.
'UberHIRE' will let consumers hire a cab for up to 12 hours, a time-based offering.
'UberHIRE' will cost a minimum of Rs.449-649 for up to 2 hours or up to 30 km, after which the price will be Rs.2/minute and Rs.12/km.
28 Feb 2017: Uber's Amit Singhal quits after sexual harassment charges at Google
Uber Technologies' senior vice president of engineering Amit Singhal was reportedly asked to resign after the company found he had left his previous job at Google due to sexual harassment charges against him.
Though Singhal has stepped down, he has denied the truthfulness of such allegations, and maintained the decision to leave Google was his own.