On Tuesday, Uber’s GM for Bengaluru Bhavik Rathod had issued a blog post in response to an affidavit filed by Ola in a court hearing that appeared to call Uber “foreign”. Rathod wrote that Uber has the deepest respect for the laws of India. “What makes Uber ‘foreign’? The fact that we are established in San Francisco but have a hyperlocal team solving problems that are locally relevant. Or that, just like our competitors, we received most of our funding from ‘foreign’ investors,” he said.
Ola has also got most of its funding from global companies, including Japan’s SoftBank Jivrajka, despite saying the debate is not about foreign vs local, goes on to suggest that companies run by local entrepreneurs are more valuable to the country than foreign ones. “Isn’t a company like Alibaba, run by a local entrepreneur like Jack Ma, ‘Chinese,’ despite having a majority of its shareholding from international investors? Aren’t the cutting edge technology