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Uber valuation rises amid battle with Ola, Rapido
November 27, 2025
|Hindustan Times
The Indian unit of US-based Uber Technologies Inc.has seen the value of its privately held shares surge by more than 40% in the last two years as it cemented its position as India’s largest cab aggregator, ahead of Ola Consumer and Rapido.
November funding values stock 41% higher than the previous round in May 2023.
(REUTERS)
Shares of Uber India Systems Pvt. Ltd, the main operating entity of Uber in India, were valued by the parent at ₹2022.85 apiece when it pumped in ₹200 crore through the equity route in November, according to a Mint review of its filings with the ministry of corporate affairs.
That was nearly a 41% increase from the ₹1,438.9 per share value the company had considered when pumping in ₹82 crore in May 2023 through the equity route.
Uber has edged ahead of Ola Consumer even as upstart Rapido is trying to gain share in India’s cab aggregator market.
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