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Balaji Krishnamurthy becomes chief financial officer at Uber
Internal finance veteran steps up as Uber enters next phase of growth
SAN FRANCISCO: Uber has handed the keys of its finance function to Balaji Krishnamurthy, who has taken charge as chief financial officer, marking a promotion from within the company’s strategic finance ranks.
Krishnamurthy steps into the role after more than six years at Uber, where he most recently served as VP, strategic finance and investor relations. Over that time, he worked across the company’s mobility and delivery businesses and led its investor relations efforts, building a reputation as a steady hand behind the numbers.
Announcing his first day in the new role, Krishnamurthy thanked outgoing CFO Prashanth Mahendra-Rajah and chief executive officer Dara Khosrowshahi for their support, calling the appointment both a privilege and a responsibility.
He said he was stepping into the role at a “moment of strength” for the company, pointing to accelerating growth across consumers, drivers, couriers and merchants, along with expanding cash flows that would be used to invest in long term growth while returning excess capital to shareholders.
Krishnamurthy also highlighted Uber’s focus on innovation, particularly in autonomous vehicles, and praised what he described as a “go get it” culture within the company.
Before joining Uber in 2019 as senior manager, investor relations, he spent more than eight years at Goldman Sachs as vice president in equity research, covering US hardware and communications technology companies. His earlier roles included stints at Irevna and iTrust Financial Advisors in India, where he worked in equity research and wealth management.
In addition to his responsibilities at Uber, he also serves as a board member at autonomous trucking startup Waabi.
With an internal finance veteran now at the helm, Uber appears to be betting on continuity as it shifts from growth-at-all-costs to a more measured, cash-generating ride.
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Hyundai and TVS Motor partner to develop electric three wheelers
Joint development pact targets last mile mobility with localisation push
MUMBAI: Three wheels, one big ambition and a charge towards the future. Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to co-create electric three-wheelers (E3Ws), aiming to crack India’s complex last-mile mobility puzzle. The collaboration moves beyond concept talk into execution mode, building on the E3W prototype first showcased at the Bharat Mobility Global Expo 2025. The goal now is clear, design, develop and commercialise a purpose-built vehicle tailored to Indian roads, riders and realities.
Under the agreement, Hyundai will lead design and co-development, bringing its global R&D muscle and human-centric engineering approach to the table. TVS Motor, meanwhile, will anchor the product on its electric platform, leveraging deep three-wheeler expertise and local market insight. It will also handle manufacturing and sales in India, with an eye on exports down the line.
The timing is strategic. India remains the world’s largest three-wheeler market, where affordability, durability and adaptability often outweigh sheer innovation. The upcoming E3W aims to strike that balance combining advanced technology with practical features such as adaptive ground clearance for monsoon-hit roads, improved thermal management for tropical climates, and flexible interiors suited for passengers, cargo or emergency use.
A key pillar of the partnership is localisation. Major components will be sourced and manufactured within India, a move expected to strengthen the domestic supply chain, create jobs, lower costs and improve after-sales support.
The shift from prototype to production will involve rigorous testing, certification and refinement to meet regulatory standards and consumer expectations. Dedicated cross-functional teams from both companies are already in place to accelerate timelines.
At a broader level, the tie-up reflects a growing trend in mobility, global players partnering with local specialists to navigate emerging markets. For Hyundai and TVS, the bet is that combining scale with street-level insight could unlock a new chapter in sustainable urban transport, one that runs not just on electricity, but on relevance.
