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US-based Uber pumps Rs 3,000 crore into India unit as competition with Rapido intensifies

  • February 26, 2026
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US-based journey hailing big Uber has infused almost Rs 3,000 crore (about $330 million) into its Indian subsidiary, Uber India Techniques Pvt. Ltd., as competitors within the ride-hailing market

US-based Uber pumps Rs 3,000 crore into  India unit as competition with Rapido intensifies


US-based journey hailing big Uber has infused almost Rs 3,000 crore (about $330 million) into its Indian subsidiary, Uber India Techniques Pvt. Ltd., as competitors within the ride-hailing market intensifies and rival Rapido expands its market share.

Regulatory filings present that Uber India Techniques Pvt Ltd has obtained almost Rs 3,000 crore from its Netherlands-based dad or mum, Uber B.V., in current months. In November, the corporate infused Rs 200 crore, adopted by Rs 2,721 crore in January.

In keeping with filings with the Registrar of Corporations, Uber India allotted 14.4 million fairness shares at a difficulty worth of Rs 2,022.85 every, elevating Rs 2,921 crore throughout the 2 tranches. The recent capital comes at a time of heightened competitors within the four-wheeler ride-hailing section.

The infusion coincides with a pointy shift in monetary efficiency. Uber India Techniques Pvt Ltd reported an 89% decline in web income from ride-hailing to Rs 88 crore in FY25, down from Rs 807 crore in FY24. This was regardless of gross income from commissions remaining flat at Rs 2,604 crore throughout the 12 months.

General income for Uber’s India enterprise stood at Rs 3,849 crore in FY25, reflecting a modest 2% year-on-year improve. Nonetheless, losses widened sharply to Rs 1,511 crore from Rs 89 crore in FY24, indicating larger working prices amid aggressive pressures.

Rapido, backed by buyers together with WestBridge Capital and Nexus Enterprise Companions, has scaled quickly since coming into the four-wheeler cab section in late 2023. The corporate raised Rs 125 crore in June 2025 from Nexus Enterprise Companions. Its earlier $200 million Sequence E spherical in 2024, led by WestBridge Capital, pushed the Bengaluru-based startup into the unicorn membership.

In FY25, Rapido reported a 44% improve in income to Rs 934 crore and crossed Rs 1,000 crore in general revenue, in accordance with media reviews. Losses narrowed to Rs 258 crore from Rs 371 crore a 12 months earlier.

Throughout segments, Rapido has emerged as the biggest ride-hailing platform by way of whole variety of rides, with round 50% market share, in contrast with roughly 40% for Uber. The corporate leads the bike and three-wheeler classes with over 65% share.