There have been rumors circulating that Uber is looking for potential buyers to buy its business in India.
Uber dismisses the talks that have been going around regarding them exiting the Indian market. A report from Bloomberg suggests otherwise, where it says that Uber was in search of buyers to sell the India division. But due to the rising scalability in the start-up ecosystem of the country, the American mobility service company decided to stay back.
An Uber official talked with the Indo-Asian News Service (IANS) where he said, Uber has no intentions to leave India and the claims are all unjustified and fake. In India, Uber has established a loyal customer base and the country’s market is as beneficial for the company as it was 9 years ago, when it first launched in India.
The business is supporting hundreds of drivers and riders across 100 cities in the country and talents are being acquired to sustain the future of the company. The CEO of Uber, Dara Khosrowshahi has plans to expand the company by offering more products in India and building a larger team for handling the operation.
Currently, Uber offers products in sectors like automobile, motorcycles and car rentals and India has been a big part in delivering good revenues to the company. In a summit hosted by Times Bridge, Dara has expressed his interest towards the economic scalability of the Indian market.
There are about 700 employees in the Engineering Team of Uber and the company wants to be about 1000 by hiring new talents. Nitish Bhushan, Uber India’s Operational Director says that the company is putting every effort to retain the drivers by hiking the trip fares and making the job more lucrative.
To bring more flexibility for the drivers, Uber has provided features like showing trip distance before accepting any ride and also giving the choice of payment in cash or online before they start any trip. All these benefits will bring more customers in the company and will also support the drivers.
