Uber to Launch its New Ridesharing Service UberPOOL in Bangalore


Uber is launching its ridesharing service UberPOOL in India starting with Bangalore (Source)

Uber has announced the launch of its new ridesharing service UberPOOL in India. The service will be launched in its Beta version in Bangalore, to gain insights from commuter adoption and usage as the company quotes.

Currently, this service is available in San Francisco, New York City, Boston, Austin and Paris. The company also has plans to partner with other similar services such as BlaBlaCar, Ridingo, Tripda and Meru Cabs who have launched a ridesharing service in India, in last 18 months, as reported by ET. The new service by Uber will have the same working model as other ridesharing services.

The company’s vision is to increase the utilisation of cars on road, congestion, pollution and lack of access to transportation. “Riders can save up to 50 per cent, while adding only a few minutes of time per trip,” said the company.

Adding to this, Bhavik Rathod, GM Bengaluru, Uber said, “India is a top global priority for Uber along with China.”

Majority of Uber rides in San Francisco are pooled rides. Currently, Uber is active in 22 cities of India. The company claims to have a 40% month on month growth, with a market share of over 40% in the country. Globally, Uber is present in 60 countries.

Recently, its ridesharing startup BlaBlaCar raised an amount of $200 million in Series D round of funding led by Insight Venture Partners and Lead Edge Capital, along with the participation of Vostok New Ventures.