Tata companies and Uber Technologies Inc. have come into a new partnership to offer the driver partners on Uber platform new services like comprehensive vehicle purchase and ownership solution. The partnership was announced on Thursday.
The two companies have started this new project in Hyderabad, and the services will roll to other cities where Uber runs its business. It will enable more than 20,000 drivers across the country to start their businesses in the next one year on the Uber platform.
This new partnership was rolled in Hyderabad with Madhu Kannan, who is the group head of the business development and public affairs, Tata Son and head of Business, Uber Asia, Eric Alexander made the official announcement at the news conference.
This new partnership was announced at a press conference in Hyderabad. It was attended by Madhu Kannan group head of Business Development and Public Affairs Tata Sons and Eric Alexander, Head of Business, Uber Asia.
According to this partnership owners and drivers on Uber platform will be able to buy cars like Indica and Indigo from Tata Motors. Other than this the owners and drivers will be able to gain access to financing solutions from Tata Capital Financial Services and Tata Motors. They can also get insurance from Tata AIG.
Last year only, Tata Opportunity Fund made some significant investment in Uber in India. The new pan-India initiative by the partners reflects how Uber can better their support system for drivers in India and how it can collaborate to deliver solutions to Tata Group Business partners.
Commenting on this pan-India initiative Eric Alexander, head of business, Uber Asia said, “Through Uber it has become possible for millions of people in India to get a ride by pushing just a single button. The drivers are happy with the flexibility and independence they get in Uber. This new initiative makes it easier for drivers to increase micro-entrepreneurship in India.”