Uber puts $1 billion into Indian ambitions

Uber puts $1 billion into Indian ambitions

Uber puts $1 billion into Indian ambitions California-based Uber is pitching itself against a rival ride-share app in India with a $1 billion investment in its operations in the country. The funds match that it is investing in China and puts it up against Ola, the Indian equivalent. Uber believes is can overtake Ola next year with the investment.