Connect with us

Entrepreneur Stories

Uber’s Chief Product Officer, Jeff Holden Quits!

Published

on

Uber Chief Product Officer Jeff Holden Quits,Startup Stories,2018 Motivational Stories,Inspiring Startup Story,Uber Chief Product Officer Leaves Company,Jeff Holden Resigns,Elevate,Uber CEO,Uber Elevate Summit,Uber Chief Product Officer Leaving Company

Post the exit of ex Uber CEO, Travis Kalanick last year, here comes another shocker!  

Jeff Holden joined Uber Technologies Inc., back in 2014. He was heading the Uber’s flying car Elevate division. However his departure is quite untimely. According to a source, Elevate will be now headed by Eric Allison.  It was just last week, Uber hosted its second annual flying car summit.

Uber Technologies Inc., Chief Product Officer, Jeff Holden is leaving the company amidst the development of the company’s flying car effort, called Elevate.

At the summit, the flying car project got a big boost from the company’s new CEO, Dara Khosrowshahi.

Alongside, the company also came up against some of the realities of the hurdles like technological and regulatory issues that Uber would face in attempting to get Elevate off the ground. Jeff Holden himself brought the regulatory issues to light in his onstage conversations with Dan Elwell, the acting head of the Federal Aviation Administration.

Before flying cars, Holden was involved in leading the self driving efforts. Several sources inside the company described him as a visionary.

The current CEO, Dara Khosrowshahi has been shaking up the company since taking over last August aiming to improve Uber’s reputation after a string of scandals and issues.

Holden told the Uber Elevate Summit held in Dallas that the company is expected to deploy flying taxi services in Dallas-Fort Worth, Texas, and Dubai in 2020.

A spokesperson from Uber said “As demonstrated by last week’s Uber Elevate Summit, we’re incredibly bullish on the future of aerial ride-sharing and under the leadership of Eric Allison, the Elevate team is set up for success, and will continue to chart the course for this growing industry.”

Jeff Holden was one of very few executives in the top levels left at the cab hailing company, Uber!

 

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneur Stories

India’s Tech Story: Airtel Spreads AI Access, Ohm Mobility Lessons

Published

on

Airtel AI

Bharti Airtel has launched the innovative “Airtel-Perplexity Blueprint,” partnering with Perplexity to provide over 360 million customers free access to Perplexity Pro for a year—a benefit valued at ₹17,000 ($200). This collaboration enables Airtel users across mobile, broadband, and digital TV to harness advanced capabilities in generative AI, including leading AI models like GPT 4.1, Claude, and Gemini, along with up to 300 Pro searches daily, image generation, document analysis, and personalized planning services. The move is seen as a milestone for telecom innovation and the democratization of AI in India, making powerful research and productivity tools accessible to a massive user base.

This strategic partnership positions Airtel as an “AI-first” telecom provider, allowing it to gain key insights into user interactions with artificial intelligence and adapt its networks for growing digital demands. For Perplexity, the tie-up grants exclusive access to India’s vast telecom audience, rapidly propelling the app to the No. 1 spot on the Indian App Store, surpassing global competitors like ChatGPT and Google Gemini. Airtel customers can activate their complimentary subscription seamlessly through the Airtel Thanks App, under the Rewards and OTTs section, reinforcing Airtel’s commitment to digital customer empowerment.

The broader Indian startup ecosystem reflects both breakthrough innovation and hard-earned lessons, illustrated by the recent shutdown of Ohm Mobility, an EV financing startup. Despite multiple pivots and industry-leading investors, Ohm Mobility struggled to achieve a sustainable business model—a reminder of the challenges in market fit and adaptability. As AI adoption accelerates and startup realities evolve, industry leaders like Airtel and Perplexity are setting new standards, while others, like Ohm Mobility, offer valuable insights on resilience and the importance of business model flexibility in India’s dynamic tech landscape.

Continue Reading

Entrepreneur Stories

Tesla Secures Mumbai Facility as Key Step in India Market Entry

Published

on

Tesla StartupStories

Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.

This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.

Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.

While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.

Continue Reading

Entrepreneur Stories

Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

Published

on

Razorpay

MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

Continue Reading
Advertisement

Recent Posts

Advertisement