He added that U4B is up to 60 pct cheaper than traditional options.
‘Uber for Business’ also allows corporates to automate uploading of employee lists and information that ensures only authorised employees have access to the company’s U4B account.
The US-based company, which is locked in an intense battle in the Indian market with domestic player Ola, has been aggressively ramping up its operations in the country. It has committed multi-million dollars in investments towards India, which is its second largest market in terms of number of trips taken, after its home market.
Uber for Business was launched in the US, the UK, France and Canada in July 2014. It was launched in India in December last after a three-month pilot that started in October last year. “Uber for Business as a product has been growing at an incredible pace worldwide. In India, some of the largest Indian corporates have adopted it for their employee travel. We have over 50,000 companies across the world using Uber for Business,” he said. Nohwar added that Uber for Business has seen a 50 pct month-on-month growth in the last nine months since its launch in India. Some of its clients in India include Cognizant, Bain & Company, Airtel, AT Kearney, Dr Reddy’s Group, Godrej Group, NDTV, Reliance ADA Group, Tata Steel, Welspun, Quikr, Mindtree, Stayglad and Treebo.
Uber’s rival, Ola has a similar offering for the enterprise segment — Ola Corporate.