Uber Signs Pact With Haryana Government; To Invest Rs 120 Crore

Uber has signed an MoU with the Haryana Government, according to which the cab hailing app will invest Rs 120 crore in the state.

The investment will be made in the services including peer-to-peer transportation using private vehicles where the driver is reasonably compensated for expenses, tolls and other related costs.

The company says that this will help to create a real alternative to car ownership and make the state smarter.

“We are excited to partner with the Government of Haryana and invest in ridesharing technology to promote efficient, eco-friendly and smart transportation in the state and the NCR region,” Gagan Bhatia, General Manager, North India, Uber said.

[source]

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