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    Karnataka, Uber discuss passenger safety, regulatory issues and urban transport

    Karnataka Minister Priyank Kharge recently met with the Uber India Public Policy team to discuss urban mobility. The discussions emphasized passenger safety, regulatory issues, and improvements in urban commuting services. Kharge mentioned that further engagement with ride-hailing platforms will enhance public transportation. Additionally, initiatives like the Bengaluru Urban Mobility Mission are underway to address traffic management and safety.

    Carrum Mobility raises $10 million from Uber at Rs 1,505 crore valuation

    Carrum Mobility has raised $10 million (around Rs 96 crore) from Uber, taking its post-money valuation to Rs 1,600 crore. The B2B fleet technology startup, which operates 5,100 vehicles across six cities, will use the funds to expand, strengthen its technology and scale Uber Black services.

    ₹25 ride: India’s bike taxis are cheap, fast and still fighting for a place on the road

    Bike taxis offer affordable, on-demand urban transport, bridging the last-mile connectivity gap. These services face regulatory hurdles despite strong commuter demand for speed and cost. The central government has provided a framework, but states retain regulatory control over operations. The industry's growth hinges on sustainable economics and addressing safety and insurance concerns. Electrification and job creation are also shaping the future of this mobility sector.

    Rising fuel prices push gig workers towards fixed-pay, lower-cost jobs

    Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles offering predictable earnings or lower expenses. Employers are expanding incentives and EV-linked opportunities to attract delivery workers. Job postings for electric vehicle roles and fixed-pay positions have seen significant growth. This trend indicates a move towards more sustainable gig work as a livelihood.

    Logistics platform Porter logs Rs 229 crore in profit for FY26 as revenue rises

    Porter’s operating revenue rose 54% to Rs 6,649 crore in FY26, marking its fifth consecutive year of over 50% growth. Net profit nearly quadrupled to Rs 229 crore, while Ebitda more than tripled to Rs 159 crore. The company, which is backed by investors such as Kedaara Capital and Wellington Management, saw its largest expense, fleet operator costs, climb 58% to Rs 5,849 crore in FY26.

    ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capital

    While Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies has injected Rs 30 crore into the government-backed digital commerce entity.

    The Economic Times
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