Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Uber India valuation surges amid battle with Ola, Rapido
Mint Ahmedabad
|November 27, 2025
November funding values shares 41% higher than the previous round in May 2023
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.
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 ₹882 crore in May 2023 through the equity route.
This story is from the November 27, 2025 edition of Mint Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Ahmedabad
Mint Ahmedabad
When women’s dignity becomes policy, development becomes truly human
India’s economic rise will be meaningful only when it moves hand in hand with the health, dignity, and the financial independence of its women.
2 mins
January 24, 2026
Mint Ahmedabad
A commitment to elevating patient care standards at CARE CIIGMA Hospitals
Founded in 2007 by Dr Unmesh Vidyadhar Takalkar, CIIGMA Hospital has emerged a revolutionary force in the healthcare landscape of Marathwada.
2 mins
January 24, 2026
Mint Ahmedabad
The unseen hands behind India's rich botanical history
H.J. Noltie's new work sheds light on the lives of painters who were largely erased by their British colonial masters
4 mins
January 24, 2026
Mint Ahmedabad
‘Train Dreams’ and the magic of the ordinary
Clint Bentley's film, starring Joel Edgerton, is a mysterious and intimate frontier story
3 mins
January 24, 2026
Mint Ahmedabad
Top steel cos face CCI pricing probe
Four major steelmakers— Tata Steel, JSW Steel and state-run SAIL and RINL —disclosed their pricing plans to rivals and coordinated production cuts to reduce supplies, an antitrust investigation report seen by Reuters shows.
1 min
January 24, 2026
Mint Ahmedabad
H.J. Noltie’s new work sheds light on the lives of painters who were largely erased by their British colonial masters
thanks to Adam Freer (1747-1811), who was rather scrupulous about attributing credit to the artists who worked under him.
2 mins
January 24, 2026
Mint Ahmedabad
A Dubai food guide for every palate and budget
From street eats to Michelin-starred dining rooms, Dubai's food scene tells the story of a city in constant motion
3 mins
January 24, 2026
Mint Ahmedabad
WhiteSpace Consulting & Capability Building: Healthcare consulting that delivers
In healthcare and life sciences, ideas are abundant.
1 min
January 24, 2026
Mint Ahmedabad
Dr Madhuresh K Sethi: Patent defender
In the unforgiving arena of pharmaceutical patent litigation, few names command as much respect as Dr Madhuresh Kumar Sethi.
1 mins
January 24, 2026
Mint Ahmedabad
Dr Nagma Abbasi: A trailblazer shaping the future of biotechnology
A trailblazer
1 min
January 24, 2026
Listen
Translate
Change font size