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Uber Bets Big On India; Plans To Invest $500 Mn

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Uber plans to invest $500 Mn (INR 3,300 Cr) in India by June this year, reports ET. The investment is said to be made in order to take on its biggest Indian rival, Ola. Uber’s founder Travis Kalanick believes that the Indian market could surpass either the US or China, for Uber. The company has already […]

The post Uber Bets Big On India; Plans To Invest $500 Mn appeared first on Inc42 Magazine.


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