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.
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Daily Capsule
An AI tool to monitor newborn health; Scaling Mt Everest with YouTube videos
Team YS | March 19, 2025
Until last year, ASHA worker Jyotsna Suresh Patel in Daman’s Kachigam village carried a heavy weighing scale to weigh newborn babies. The process was long and she struggled to ensure accurate readings while soothing anxious mothers. AI is now helping her accurately weigh babies in seconds.
News
UIDAI partners with Sarvam AI to offer voice-based Aadhaar services
Bhuvana Kamath | March 18, 2025
Sarvam AI has built a custom GenAI stack that will be hosted on-premise within an air-gapped UIDAI infrastructure to ensure that no data leaves UIDAI’s secure environment.
AI Gen
ElevenLabs and PM Modi: Revolutionizing Global Communication
Nucleus_AI | March 18, 2025
ElevenLabs' AI-driven voice technology and PM Modi's global influence are transforming communication, bridging language barriers worldwide.
Technology
AI Search Revolution: The Decline of Google's Ten Blue Links
Nucleus_AI | March 18, 2025
Exploring how AI search tools like ChatGPT and Google's Gemini are transforming traditional search results, impacting traffic to publishers and redefining user experience.
Inspiration
Meet 59-year-old Vasanthy Cheruveettil who reached Everest Base Camp through sheer will and YouTube videos
Rekha Balakrishnan | March 18, 2025
Vasanthy Cheruveettil, a 59-year-old woman from Kerala, trekked solo to Everest Base Camp last month after walking for four months and training with the help of YouTube videos.
Announcement
The price of scaling: Leaders share challenges at Oracle roundtable
Kaveri Chandrashekar | March 18, 2025
For startups planning to scale, the path can be long and littered with cost, compliance, and cybersecurity challenges. At Oracle’s roundtable discussion on ‘Boosting Digital Innovation with Data, Infrastructure and AI solutions: from Startup to Scaleup’, speakers from finance, gaming, quick commerce
News
DoT, WhatsApp collaborate for awareness campaign against online scam, spam
Team YS | March 18, 2025
As part of the collaboration, DoT and WhatsApp will work together to educate citizens on identifying and reporting suspected fraud communications in an effort to enhance digital safety and awareness.