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Uber Has A New CEO Dara Khosrowshahi
Uber, US based cab hailing startup, has elected a new chief executive officer to lead the company. Dara Khosrowshahi, who has been the CEO of online travel business Expedia for the past 12 years has officially been offered the post as the new CEO of Uber.
Dara Khosrowshahi emigrated to the US in 1978 from Iran following the Iranian Revolution and took over the reigns of Expedia in 2005. Expedia, under his leadership, grew to become a $23 billion giant with a presence all across the world. The online travel business is known for their work life balance and diversity. According to company data, 51% of their US employees are female and 33% leadership roles are taken up by women. Khosrowshahi has agreed that the numbers, although compares well with their peers, are still not high enough.
Former CEO and cofounder of the company Travis Kalanick was asked to step down following the various scandals that surrounded the company. One of the allegations the company faced was discrimination against women at the workspace. Although Dara Khosrowshashi will be a step up from the former CEO, the bar set for diversity and inclusion is still very low considering the board was unable to hire a woman for the lead role.
In a press conference last year Khosrowshahi said they need to attract, hire, engage and promote talent of all kinds all around the world. “We believe that by enriching the diversity of our work force across all dimensions, including gender, we achieve the most enriched outcomes,” he added. Before Khosrowshashi, HP CEO Meg Whitman along with former GE CEO Jeffery Immelt were considered for the job. After Kalanick’s resignation, many hoped that the next CEO would be a woman, which would be a symbolic choice for a company that is grappling with its “bro” culture. Facebook’s Chief Operating Officer Sheryl Sandberg was also considered for the position as she takes a firm social standing on diversity and has the right leadership experience.
In recent times many women have come forward speaking out against discrimination and harassment in the tech industry with multiple leaders stepping down from their posts. India, which is the third largest startup ecosystem in the world, on the other hand, has been seeing an increase in women lead companies in the startup world such as Richa kar led Zivame, Suchi Mukherjee led Limeroad and Radhika Aggarwal led ShopClues. Anisha Singh who is the founder of MyDala.com will also be seen mentoring aspiring entrepreneurs on an upcoming reality show on MTV called Dropout. Indira Nooyi, born in Madras, is currently ranked as the 13th most powerful women in the world and heads the world’s second largest food and beverage company, Pepsi Co. Kiran Mazumdar Shaw is the chairperson and managing director of Biocon Limited, a Bengaluru based biotechnology company and is an independent director of IT giant Infosys.
Khosrowshahi, the soon to be former CEO of Expedia, which does not have a gender pay gap and women in its workforce earn $1 for every $1 paid to men in equivalent roles, will be tasked with turning around Uber’s culture, which has been called hostile to women. More than 20 employees were terminated from Uber as a result of an internal investigation with sexual harassment, bullying and retaliation as reasons for many of the firings. The internal investigation also released a 13 page report with recommendations on how to improve the way Uber treats its employees and police reckless behavior within the company. Khosrowshahi’s job would be to follow the recommendations to avoid any more scandals.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
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