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Uber Co-Founder Travis Kalanick Announces 10100 Investment Fund on behalf of India and China


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once being pushed out of Uber with a string of controversies, worn CEO plus co-founder Travis Kalanick is wait on with a new investment fund phoned 10100 (read as ten unique-hundred). Kalanick says it will be on behalf of investment near his passion, grand-scale job interpretation, by investments approximately accurate-estate, e-trading what is more emerging technologies in China, as well as India. He moreover hinted at non-profit action about the field of education.

Kalanick broke the news of the venture fund’s initiate via his official Twitter anecdote. The non-profit investments will also focus on progress of tech for future cities, which we can remove income knowing Cities about the Indian context. You tin read Kalanick’s full statement good here:

Kalanick indicates that several investments exist already made, which could mean extra announcements happen coming soon. It corpses to be observed which Indian startups absorb caught Kalanick’s inspect, who netted a hefty sum while Softbank’s investment throughout Uber. Having existed booted out of Uber once a sex scandal plus a series of allegations against skull executives, Kalanick organizes existed stealthily succeeding on bouncing support. It’s not yet clear how exactly he expects to fetch any of the lost credibility expected to the allegations of his heavy-handedness near dealing with the progenies at Uber.

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