Uber has shown that it is very serious about the Indian market. It is its only country in South-East Asia after selling its business in Singapore and China. It sold its Singapore business to Grab while the Chinese business was sold to Didi Chuxing in 2016. India offers a huge market and there are around 400 million internet users which gives tech companies a huge chance to try new technology in India. Uber India recently roped in a Google exec to lead its operations in India.
The global ride-hailing company has increased its revenue nineteen times since the last financial year. It has managed to grab headlines for the same. It quietly filed for a public offering earlier in 2018. That said, the company’s India operation head Manik Gupta said that the sub-continent country is like a laboratory for Uber. They can produce technology and use India as a testing nation or a place for everything beta. They can test it here and then launch the technology globally. That said, it will be an interesting time for the techies as Uber has some mind-blowing ideas.
The CEO of Uber, Dara Khosrowshahi said that Uber looks at India as its biggest market outside of America. It is part of its main business plans and will continue to grow as the years go by. India also saw Uber’s lite app which went by the name of Uber Lite. It was one of the first things built in India, tested in India and then launched in sixteen other countries. It also ventured into food-tech with UberEats not so long ago.
Uber is doing everything in its power to topple its rival Ola. It has launched multiple new features for the Indians. Among those features, some are very useful. Request for a guest allows you to request an Uber for a third person while Call to ride is when you can actually call and book a ride. The other feature which is not so exploited is an Artificial Intelligence-based offline search facility.
That said, Uber has increased its business in India and is going to increase further. It has planned a huge expansion for the upcoming year and is going to go on a hiring spree. The company is already visiting colleges and is going to hire a bunch of engineers as it looks to increase its employee number to 1000. The investment in the employees is going to come in its Hyderabad and Bengaluru sectors. Both the offices will see a huge growth in employees by the end of 2019. All of this might lead to the Initial Public Offering, as the company is going to go public sooner rather than later.
The company is going to hire experienced employees alongside fresh college graduates. There are going to be employees in sectors such as distributed systems, mobile, artificial intelligence, machine learning, and data science.
– Unmesh Phule