The investors have red-flagged the acquisition of Aakash Educational Services Ltd (AESL) saying Byju s agreed to “onerous” and “prejudicial” loan terms with Davidson Kempner (DK), among other matters.
Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world.
One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. India is one of the toughest markets out there.
India Is The Toughest Market To Succeed In: Uber s Global CEO Dara Khosrowshahi forbesindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbesindia.com Daily Mail and Mail on Sunday newspapers.
During a conversation with Nandan Nilekani, Uber CEO Dara Khosrowshahi highlighted the Indian market s demands and reluctance to pay. He plans to introduce low-cost service segments and bus services to cater to a wider population. Uber made $3 billion in profits and signed an MoU with ONDC to expand its mobility offerings.