Your browser is currently blocking notification.
Please follow this instruction to subscribe:
Notifications are already enabled.

Uber Signs Pact With Haryana Government, To Invest $17.7 Mn

Uber Signs Pact With Haryana Government, To Invest $17.7 Mn

Cab-hailing app Uber has signed a memorandum of understanding (MoU) with the Haryana government wherein it will invest $17.7 Mn (INR 120 Cr) in technology-based ride-sharing services.

Gagan Bhatia, General Manager, North India, Uber said, “We are excited to partner with the Govt of Haryana and invest in ridesharing technology to promote efficient, eco-friendly and smart transportation in the state and the NCR region.”

The pact was signed at the Happening Haryana Global Investors Summit 2016. Under the agreement, Uber said that it will invest in technology-based ride-sharing services that will include peer-to-peer transportation, using private vehicles, giving an alternative to car ownership. The drivers will be compensated for expenses, tolls and other related costs in the state.

Uber also has plans to collaborate with the government in order to create smarter cities in Haryana.

Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


Team Inc42

Inc42 Staff

Inc42 Media is a digital media startup known for its end-to-end coverage of the Indian Startup Ecosystem. Inc42 has published 15,000+ stories so far and touch the lives of over 10 million people every month. Join us and be the part of the startup revolution.

Loading Next…

Upcoming Events