Entrepreneur News Network

Uber India President Prabhjeet Singh Steps Down After Nearly 11 Years; Reportedly Set to Join OpenAI India

Prabhjeet Singh

Uber India and South Asia President Prabhjeet Singh has stepped down after nearly 11 years with the global ride-hailing company, marking the end of a leadership tenure that oversaw the company’s expansion across mobility, multimodal transportation, and digital public infrastructure initiatives in the region. The development was confirmed by an Uber spokesperson, who acknowledged Singh’s … Read more

Rapido Raises $240 Million Led by Prosus, Valuation Climbs to $3 Billion

Rapido

Indian mobility platform Rapido has raised $240 million in a fresh funding round led by Prosus, with participation from existing investors including WestBridge Capital and Accel. The investment is part of a broader $730 million transaction that includes both primary capital infusion and secondary share sales by existing shareholders. Following the latest round, Rapido’s valuation … Read more