Tata companies and Uber Technologies Inc. today announced a new partnership to offer the driver partners a blend of new services on the Uber platform.
Under the new pact, owners and drivers will be able to buy cars like Indica and Indigo from Tata Motors on flexible and customised financing solutions from Tata Capital Financial Services and Tata Motors Finance.
In addition, Tata Business Support Services will provide operational support for drivers willing to use this new vehicle solutions program. The pan-India initiative has first been rolled out in Hyderabad. The companies are eyeing an addition of over 20,000 driver partners through the initiative over the next one year.
Eric Alexander, Head of Business, Uber Asia, said that Uber aims to provide easier and affordable vehicles to driver. Last year, Tata Opportunity Fund had made an investment in Uber.
“We are delighted to take our relationship with Uber forward, leveraging its technology expertise and Tata companies’ capabilities and reach.” said Madhu Kannan, Member-Group Executive Council, and Group Head for business development and public affairs, Tata Sons.