VinGroup's Green SM launches its electric taxi service at Bharat Mandapam on June 5, deploying 10,000 VinFast EV MPVs across Delhi-NCR with a company-owned fleet and salaried drivers. The Vietnamese major also plans 1,00,000 e-two-wheelers, escalating competitive pressure on incumbent ride-hailing players.

Business Today · Latest · 6/2/2026, 12:27:58 PM

Ola Electric CEO Bhavish Aggarwal says cumulative Rs 7.50/litre petrol-diesel hikes since May 15 are accelerating gig-economy demand for Ola EVs, with Delhi petrol at Rs 102.12 and diesel at Rs 95.20. Delivery riders and cab drivers running 100+ km/day are switching to cut running costs.

NDTV Profit · 5/25/2026, 12:20:48 PM

Prosus-led $240M round values Rapido at $3B as bike-taxi player captures 25-30% share, surpassing Ola (15-20%). FY25 revenue up 44% to ₹934 cr; losses narrow 30%. SaaS driver-fee model, Tier-2/3 expansion and new Ownly food delivery underpin the surge — though bike-taxi regulation looms.

Mint · Industry · 5/24/2026, 1:39:09 AM

Vietnam's Green SM stages 1,500-2,000 VinFast EVs for a mid-June Delhi-NCR launch, scaling to 10,000-12,000 by FY27. ₹8/km fares and ₹35,000 guaranteed monthly driver income undercut Uber and Ola, doubling as a shopfront for VinFast's $2 billion India EV ecosystem and 150,000-unit Thoothukudi plant.

The Hindu BusinessLine · 5/23/2026, 3:37:17 AM

Delhi auto and taxi unions launch a three-day chakka jam (May 21-23) protesting unrevised fares, fuel hikes and aggregator commission cuts. Ola, Uber and Rapido riders face surge pricing and long queues, while grocery and produce flows risk disruption across Delhi-NCR retail catchments.

NDTV Profit · 5/21/2026, 4:33:06 AM

Haryana's new aggregator framework mandates licences, ₹50L security deposits, a 20% commission ceiling with 80% driver share, daily settlements, ₹5L health and ₹10L life cover, and bans new ICE fleet inductions after Dec 2025—reshaping unit economics for Ola, Uber, Rapido, Porter, Swiggy, Zomato and Zepto across Gurugram-Faridabad.

Inc42 · 5/20/2026, 5:43:40 PM

GST Council may clarify whether 5% GST applies on full ride fare or only platform commission for Ola, Uber and Rapido. While the move aims to ease compliance for aggregators, commuters could face higher fares if the tax is passed through end-to-end.

Business Today · Latest · 5/20/2026, 11:56:51 AM

State is drafting stricter bike-taxi norms that could bar drivers from working across multiple aggregators in a single day, citing passenger safety and verification gaps. Authorities have already revoked licences and levied ₹11.85 Lakh in fines, with 715 Rapido, 43 Uber and 18 Ola bikes flagged.

Inc42 · Buzz · 5/20/2026, 6:37:21 AM

Haryana Cabinet has cleared rules requiring all new vehicles onboarded by ride-hailing, delivery and e-commerce platforms in NCR to run on CNG, EV or cleaner fuels from January 1, 2026. The framework also tightens licensing, mandates passenger and driver insurance cover, and proposes EV tax concessions, directly impacting Uber, Ola, Rapido, Zomato, Swiggy, Blinkit, Zepto, Amazon and Flipkart fleet economics.

Financial Express · BrandWagon · 5/18/2026, 10:22:12 PM

Cabinet mandates CNG/EV-only fleet additions for cab and delivery platforms across Gurugram, Faridabad and NCR. Swiggy, Zomato, Blinkit, Zepto, Amazon, Flipkart, Uber and Ola face new licensing, driver insurance and grievance norms — reshaping last-mile cost structures.

NDTV Profit · 5/18/2026, 2:38:05 PM

New Haryana cabinet rules bar petrol and diesel inductions for ride-hailing and quick-commerce fleets across NCR districts, forcing Ola, Uber, Rapido, Swiggy, Zomato, Blinkit and Zepto onto clean-mobility licences. Mandate adds Rs 5 lakh passenger and driver health cover, Rs 10 lakh term insurance and grievance norms.

ET Small Business · 5/18/2026, 1:44:54 PM

Centre's Code on Social Security mandates Swiggy, Zomato, Flipkart, Uber and Ola contribute 1-2% of annual turnover (capped at 5% of payouts) to a gig welfare fund targeting 2.35 crore workers by 2029-30. Eligibility gaps and cost pass-through risks loom.

Forbes India · 5/18/2026, 12:10:56 PM

Transport Minister Pratap Sarnaik wrote to the Cyber Department on May 12 seeking removal of the three ride-hailing apps from Indian app stores, citing illegal bike taxi operations in Mumbai and across Maharashtra. The move escalates a state-level crackdown that could disrupt last-mile mobility for millions of users.

NDTV Profit · 5/16/2026, 3:47:40 PM

Maharashtra government has rebutted viral social media claims of a blanket shutdown of Ola, Uber and Rapido. Officials clarified that licensed ride-hailing services continue to operate, with regulatory action limited to unauthorised bike taxi operators flouting state norms.

NDTV Profit · 5/16/2026, 12:05:30 PM

State government has directed the cyber crime department to register criminal cases against the founders of Ola, Uber and Rapido, alleging unauthorised bike taxi services in violation of state transport rules. The move escalates a long-running standoff between mobility aggregators and Maharashtra regulators.

NDTV Profit · 5/16/2026, 10:27:48 AM

State has directed legal action and FIRs against Ola, Uber and Rapido for allegedly running bike taxi services without authorisation. Officials clarified the crackdown is limited to bike taxi operations and does not extend to the platforms' cab services, marking a fresh escalation in India's mobility regulatory standoff.

Business Today · Latest · 5/16/2026, 10:01:38 AM

Gig and Platform Services Workers Union (GIPSWU) has called a five-hour nationwide strike Saturday protesting a Rs 3/litre fuel hike (Petrol Rs 97.77/L Delhi, Rs 110.8/L Hyderabad) and low platform payouts. Action threatens cab rides and delivery fulfilment across India's largest quick commerce and ride-hailing platforms.

Times of India · Business · 5/16/2026, 2:22:07 AM

Prosus-led $240M round triples Rapido's war chest as it muscles into food delivery, parcel and flight bookings, sharpening the three-way fight with Uber and Ola. Side signals: Wingreens closes Rs 120 Cr Series D; D2C Insider readies Rs 150 Cr ConsumerX fund.

YourStory · 5/16/2026, 2:13:38 AM

Rapido raised $240M primary led by Prosus at a $3B valuation, part of a wider $730M round with WestBridge and Accel. Capital will scale mobility, parcel, food delivery and flight booking across 400+ cities, sharpening the fight with Uber and Ola.

YourStory · Capital · 5/15/2026, 10:18:12 AM

Bengaluru-based Rapido raised $240M in primary capital led by Prosus, valuing the bike-taxi unicorn at $3B as part of a larger $730M round. Capital will fund deeper penetration in 400+ cities, new market entries, and tech investment, sharpening its battle with Uber, Ola, and Namma Yatri.

YourStory · 5/15/2026, 10:18:03 AM

A Rs 3/litre petrol-diesel and Rs 2/kg CNG hike, with crude above $100/barrel, will pressure unit economics across Blinkit, Zomato, Swiggy, Zepto and Ola-Uber. Expect higher delivery fees, raised minimum order values, fare surcharges and menu price revisions, with commuters facing Rs 600-900/month and households Rs 300-500/month in added costs.

NDTV Profit · 5/15/2026, 10:01:15 AM

Rapido raised $240 million led by Prosus at a $3 billion valuation, part of a $730 million round, to scale bike taxis, autos, cabs and delivery across 400+ cities, sharpening its challenge to Uber and Ola in Tier-II India.

Business Standard · Companies · 5/15/2026, 8:55:53 AM

Prosus-led $240mn primary (part of a $730mn round) triples Rapido's firepower against Uber and Ola. Capital targets 400+ city footprint, a 9mn-strong driver/delivery fleet, multi-modal mobility, and last-mile logistics — a direct read-through for quick-commerce and retail fulfilment economics in smaller Indian cities.

Outlook Business · 5/15/2026, 8:14:00 AM

Rapido raised $240M primary led by Prosus as part of a $730M transaction, tripling its valuation to $3B. FY25 revenue hit Rs 934 cr (up 44%) with net loss narrowing 30% to Rs 258 cr. Capital fuels tier-II expansion across 400+ cities, captain network, and tech as Uber flags Rapido as top India rival.

Entrackr · Newsletter · 5/15/2026, 7:24:14 AM

A Rs 3/litre petrol-diesel and Rs 2/kg CNG hike threatens margins across India's retail stack, with road freight carrying 65% of goods. Expect MRP revisions on perishables, dairy and packaged staples, shrinkflation in QSR, and pricing pressure on last-mile players Swiggy, Zomato, Amazon, Blinkit alongside Ola/Uber fares.

NDTV Profit · 5/15/2026, 7:05:04 AM

State transport minister has directed cyber police to halt bike taxi operations by Ola, Uber and Rapido and file FIRs, citing illegal operations and safety lapses. The move escalates a long-running aggregator licensing dispute and follows a March 2025 licence revocation.

Inc42 · 5/13/2026, 12:34:52 PM

Transport minister Sarnaik has directed cyber police to halt bike taxi operations by Ola, Uber and Rapido across Maharashtra and register FIRs, citing safety lapses, missing approvals and EV non-compliance. The move follows March 2025 revocation of provisional MMR licences, extending a regulatory squeeze that began with the Jan 2023 ban and July 2024 rules.

Inc42 · 5/13/2026, 11:42:43 AM

Zoho has pumped ₹70 Cr ($7.3 Mn) into ONDC to shore up India's open digital commerce rails, even as retail transactions fell from a 6.5 Mn peak in October 2024 to 4.6 Mn by February 2025. The network now spans 616 cities and 7.64 Lakh sellers, with 10,000 kiranas onboarded and 11x rural seller growth in FY26.

Inc42 · 5/13/2026, 10:12:57 AM

Zoho's ₹70 Cr ($7.3 Mn) bet backs ONDC's sovereign commerce stack as the network scales to 7.64 Lakh sellers and 11x rural order growth in FY26. But retail volumes have softened from the 6.5 Mn October 2024 peak to 4.6 Mn in February 2025, raising questions on post-subsidy traction.

Inc42 · 5/13/2026, 9:27:51 AM