Deals
Uber Gets Investment From Tata Fund to Expand in India
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Tata Capital Ltd. said a fund it advises will make a “significant investment” in Uber Technologies Inc. to help the ride-sharing service expand in India.
The investment by Tata Opportunities Fund will allow Uber to benefit from its network in the country, Tata Capital said in an e-mailed statement on Wednesday, without elaborating. Tata Capital is part of the $109 billion coffee-to-cars conglomerate with over 100 group firms.