An Injured Uber Comes to Hyderabad
Uber locating its operations in Hyderabad is strategic response to bad news, by expanding to countries where the regulatory framework can be moulded to align with Uber’s business plan. Will Uber’s venture financiers rethink their investments? That, let’s say, is the billion dollar question.
Biju Mathew is the secretary of National Taxi Workers Alliance, New York City, and is on the board of Hyderabad Urban Lab and Lamakaan.