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Uber To Reintroduce High-End 'Black' Service in India

  • Uber is bringing back its high-end Uber Black service to India, targeting the premium segment.
  • The service will launch in a few weeks, starting in select Mumbai localities.
  • Uber Black will cost 30-40% more than Uber Premier, aimed at corporate travel.
  • Initially launched in 2013, Uber Black featured luxury cars like Mercedes and BMW.
  • The revamped service will include SUVs and MUVs from brands like Toyota and MG.

Source: Inc42

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Rapido Becomes a Unicorn with Fresh $120M Funding

  • Rapido, the bike-taxi startup, has reached a $1 billion valuation, becoming the latest Indian unicorn after securing $120 million in a Series E funding round led by WestBridge Capital.
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What’s the point of all this Rapido investment as I still won’t get any auto on that app?