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Uber Invests $1 Billion In Indian Market

Posted by samzenpus on from the feeding-the-machine dept.

New submitter keithlynpitts writes: Uber is looking to expand its services in India, and will invest $1 billion there in the next nine months. India is the second biggest market for Uber after the U.S. The company hopes their investment will help speed growth in the country, which is already at a staggering 40% every month. "We expect to hit over 1 million trips per day," said Amit Jain, president at Uber India.

1 of 54 comments (clear)

  1. Re:fuber by invictusvoyd · · Score: 3, Insightful

    There's literally no framework in place which would make it possible for them to do background checks on drivers in India.

    Apparently there are private investigators who do background checks in India for the IT outsourcing industry but they are a little more expensive than directly accepting forged supporting documents from a driver.