MoveInSync, a cab-hailing service provider to enterprises, raised $15M in a Series C funding round from Bessemer Venture Partners. The funding will be used to drive the growth of MoveInSync One, a product that offers cost-effective and seamless commutes for employees. The company s operating model helps optimize electric vehicle utilization for employee commutes.
LYFT Price Cuts Uber Deal: For Lyft, which under new boss David Risher has signaled a more aggressive pricing strategy, market share wins have been slow. Lyft s share has risen just 200 basis points to 29% since January, when the price war started, YipitData said.
The chip that works using Navigation with Indian Constellation (NavIC) based on the Indian Regional Navigation Satellite System (IRNSS), could form the core of the navigation, positioning and timing applications in India.