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Uber fired up on green mobility; to fund, buy stake in start-ups

Uber India is open to picking up equity stakes in Indian green mobility start-ups, in addition to supporting them with technical expertise and opening up its ride share platform to allow them to experiment with their products. In a major push toward electrification, Uber India President Prabhjeet Singh told Business Standard these start-ups needed help on three fronts. “One is technical expertise and mentorship which is hard to come by as the mobility eco-system is still developing. Two, they want to experiment quickly with their products, otherwise they will have to spend millions of … Dear Reader, Business Standard […]

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