India: Uber looks at car leasing, invests in Xchange Leasing

India: Uber looks at car leasing, invests in Xchange Leasing

Uber. Photo: Reuters

Ride hailing service Uber Inc. pumped in at least Rs.43 crore in Mumbai-based car leasing firm Xchange Leasing India Pvt. Ltd between January and March this year, in a move that could see the San Fransisco-headquartered company significantly boost its supply through leasing programme to take on home-grown rival Ola.

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