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Uber Policy Chief For India And South Asia Quits

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Uber Policy Chief For India And South Asia Quits,Startup Stories,Business Latest News 2017,Uber South Asia Policy Chief Quits,Uber India Policy Head Resigns,Shweta Rajpal Kohli Resigns,Shweta Rajpal Kohli Latest News,Uber European Policy Chief Christopher Burghardt,Shweta Rajpal Kohli Quits in Latest Departure

Uber’s Chief of Policy for India and South Asia, Shweta Rajpal Kohli, quit the taxi hailing company a little over a year after joining the firm. This is the latest departure of a high level executive from the San Francisco based company.  

Kohli was charged with the responsibility to build Uber’s relations with the regulators and the government officials of India, in an attempt to expand its business. According to one source, Kohli was leading government engagements in the influential circles. Her resignation from the company might be a step back for Uber in the Indian market. Neither Uber India nor Kohli have spoken out about the resignation.

Shweta Rajpal Kohli is a former journalist who joined the taxi hailing startup last year. According to her LinkedIn profile, she was responsible for enhancing the understanding of Uber and its business with multiple stakeholders and creating a favorable regulatory and policy environment for the future of urban mobility. She also worked with the Delhi based news channel NDTV as the economic affairs editor for 11 years.

Reuters reported Kohli would be joining the cloud based software maker Salesforce.com Inc., next month. Uber’s European Policy Chief Christopher Burghardt also quit the company in October this year to join the electric vehicle charging network company Chargepoint. In India, which is the second biggest market for Uber, the company has regularly faced several regulatory and reputational hurdles. Currently, Uber has a presence in 30 cities but faces a fierce competition from homegrown cab aggregator Ola.

On Monday the company confirmed Japan based venture capital firm SoftBank, would be investing close to $ 10 billion in the company in concert with other investors. This investment might help the company recover from all the scandals and legal battles of the past year. Touted to be the biggest round of secondary transaction, this investment will also pave way for a series of sweeping changes in the governance of the company. According to sources, these changes will also include measures to reduce the influence of former CEO, Travis Kalanick, among other leadership changes.

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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