#ubercar

Uber is, arguably one of the world's most valued start-ups, with investments from business unicorns including Google, Softbank, Goldman Sachs, Microsoft. It has made a strong presence in the taxi business, however, it, still finds itself in the midst of tremendous cash burn and mounting losses. Recently reported, the firm has incurred a mountain of losses, that it has forced Uber to bail out of China to stop short of their losses. Gone are the days when booking a taxi was a tedious job, all thanks to companies like Uber and Lyft. So how does the world's largest cab hailing…

Uber flying taxi could soon find sky in India as the ride sharing platform has shortlisted the country alongside Brazil, Japan and Australia.