Uber India commits Rs 3,000 cr as Rapido pressure mounts on bike taxis, premium rides

President Prabhjeet Singh outlines a long-horizon Rs 3,000 crore India bet: scaling 2 million monthly active drivers, expanding bike taxis and premium tiers, building an EV fleet with Jindal Group, deepening Bengaluru and Hyderabad tech centers, and embedding UPI plus metro ticketing across five cities.

— Filed Fri, 5 Jun, 2026, 06:20 IST · Source Financial Express · BrandWagon · Updated

Uber India president Prabhjeet Singh details Rs 3,000 crore investment plan focused on bike taxis, premium segment, EV fleet expansion with Jindal Group, tech centers in Bengaluru/Hyderabad, and UPI/metro ticket integrations as Rapido competition intensifies.

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