Uber disbursing Rs 20 crore this week to help drivers in India

Ride-hailing major Uber on Thursday said it has started disbursing grants to the first batch of 55,000 drivers from its Driver Fund in India and by the end of this week, Rs 20 crore will reach the drivers’ accounts in these difficult COVID-19 times.

Uber set up the Driver Fund with an initial commitment of Rs 25 crore to support drivers amid the ongoing pandemic.

In response to Uber’s appeal to raise an additional Rs 25 crore, more than 23,000 Uber riders and employees contributed Rs 2.15 crore while NGOs and corporations have donated an additional Rs 4.28 crore.

The aim is to generate Rs 50 crore to benefit the driver-partners.