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YSTV

Uber

Uber is a global transportation company. It was founded in 2009 by Travis Kalanick and Garrett Camp. It first launched in San Francisco and allows users to request rides through a mobile app, connecting them with nearby drivers. This is to make transportation more accessible and efficient and to promote shared mobility.


In 2010, Uber launched its services in New York City, which marked its first expansion outside of San Francisco. Later in 2011, it expanded to Paris and France, and then to London and the UK in 2012.


Uber officially launched its services in India in August 2013, starting with the city of Bangalore. By December 2013, it expanded to over 60 cities globally.


Uber kept expanding with its consistent new launches, such as UberX (in 2012), UberPOOL (in 2013), UberEATS (in 2014), UberMOTO (in 2015), and self-driving cars (in 2016).


In 2017, Dara Khosrowshahi became its new CEO and the next year, the company filed for an IPO. In 2019, Uber went public and reported a significant loss. It then went on to launch Uber Money.


The same year, it announced its commitment to invest $1 billion in India over the next few years, started experimenting with electric vehicles (EVs), and partnered with EV manufacturers.


In 2020, the COVID-19 pandemic severely impacted Uber's ride-hailing business in India, leading to a significant decline in ride bookings. The same year UberEATS merged with Zomato, another food delivery service.

Insurance

Putting a premium on AI use to transform insurance

Brand Solutions | February 20, 2025

A great technology partner is one who can take care of all the backend complexities and deliver a great customer experience. Karthik Kanagaraj of ICICI Prudential Life Insurance found the right partner in Amazon Web Services (AWS).

Innovation

Maximizing human creativity, minimizing human effort/ Digital Nomad, Entrepreneur, AI Enthusiast

Brand Solutions | February 20, 2025

Sanket Sahu, Founder and CTO (Innovation), GeekyAnts, began his entrepreneurial journey with AI as a valued assistant. Today, he believes that AI will take over most tasks, reduce human effort, and open up new and creative avenues.

Artificial Intelligence

Shellkode, scaling big dreams from small towns

Brand Solutions | February 20, 2025

Armed with a mission to marry profitability with purpose, Shellkode’s Arun Kumar is not just building a cloud and artificial intelligence (AI) business, but also creating new opportunities for talent in small towns.

Technology

A vision to power games and life

Brand Solutions | February 20, 2025

Tridib Mukherjee is leading the charge in revolutionizing the gaming industry with AI. By leveraging cutting-edge technologies like AWS SageMaker, he has achieved remarkable success rates in AI projects. His vision for the future of AI is equally thrilling.

Technology

Smita's Tech Odyssey with AI

Brand Solutions | February 20, 2025

Over her twenty-year career, she has worked on everything from recommendation engines to search ranking to real-time anomaly detection to AI coaching.

News

Startup news and updates: Daily roundup (February 20, 2025)

Team YS | February 20, 2025

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Thursday, February 20, 2025.

Jobs

Fresher hiring intent jumps in first half of 2025 as employers plan to recruit

Ishan Patra | February 20, 2025

Fresher hiring sentiment in the information technology (IT) industry, which had dipped during the same period last year, has been steadily rising—from 42% in H1 2024 to 45% in H2 2024, reaching 59% in H1 2025.

AI Gen

Amazon’s Genius Move at Mahakumbh: A Marketing Hack Like No Other!

Nucleus_AI | February 20, 2025

Amazon has long been known for pushing the boundaries of marketing, but this year, they took things to an entirely new level at the Mahakumbh Mela