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Uber valuation rises amid battle with Ola, Rapido

Hindustan Times Lucknow

|

November 27, 2025

The Indian unit of US-based Uber Technologies Inc.

- Ayaan Kartik

Uber valuation rises amid battle with Ola, Rapido

November funding values stock 41% higher than the previous round in May 2023.

(REUTERS)

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 ₹82 crore in May 2023 through the equity route.

Hindustan Times Lucknow से और कहानियाँ

Hindustan Times Lucknow

Constitution allowed someone like me to head govts: PM Modi

Prime Minister Narendra Modi on Wednesday hailed the Constitution as a “sacred document” that guided the country’s progress and said every action should strengthen the document and further national goals and interests.

time to read

1 min

November 27, 2025

Hindustan Times Lucknow

Hindustan Times Lucknow

Stock market nears peak on dollar tailwind

Nifty surges 1.24% to 26,205, just shy of its record high of 26,277 hit on 27 Sep last year

time to read

2 mins

November 27, 2025

Hindustan Times Lucknow

Hindustan Times Lucknow

Blaming players, support staff won't help, says Gambhir

Accountability starts and stops with the captain or the coach in competitive cricket and so Gautam Gambhir was asked if he would step down in light of India’s second series sweep defeat to South Africa after New Zealand last year.

time to read

2 mins

November 27, 2025

Hindustan Times Lucknow

Death of Haryana basketball player sends shockwaves across the country

The tragic death of 16-year-old national-level basketball player Hardik Rathi during routine practice at a court in Haryana's Lakhan Majra has left many shaken.

time to read

1 min

November 27, 2025

Hindustan Times Lucknow

Ireland govt tightens immigration rules to slow population rise

Ireland introduced measures to tighten its immigration rules on Wednesday that the justice minister said were aimed at slowing a “worryingly” high rate of population growth.

time to read

1 min

November 27, 2025

Hindustan Times Lucknow

EU-WIDE BAN SOUGHT ON SOCIAL MEDIA USE FOR KIDS UNDER 16

The European Parliament called on Wednesday for the European Union to set minimum ages for children to access social media, to combat a rise in mental health problems among adolescents from excessive exposure.

time to read

1 min

November 27, 2025

Hindustan Times Lucknow

Hindustan Times Lucknow

ANC questions Orry in ₹252-crore drugs case

Bollywood socialite and influencer Orhan Awatrarnani alias Orry was questioned by the Anti Narcotics Cell (ANC) of Mumbai Police on Wednesday for nearly eight hours in a drug seizure case, officials said.

time to read

1 min

November 27, 2025

Hindustan Times Lucknow

'BJP govt may collapse before 2029': Mamata pushes for Oppn unity

West Bengal chief minister Mamata Banerjee called for opposition unity while claiming that the Bharatiya Janata Party (BJP) will not return to power after the 2029 Lok Sabha polls and that the government at the centre may even collapse before that.

time to read

1 mins

November 27, 2025

Hindustan Times Lucknow

HC issues notice on Kaul’s OCI card plea

The Delhi high court on Wednesday issued notice in Indian-origin British professor Nitasha Kaul's petition challenging the Centre's decision to blacklist her from entering India and cancelling her Overseas Citizen of India (OCI) status.

time to read

1 min

November 27, 2025

Hindustan Times Lucknow

TRUMP RAGES AT NEWS REPORT THAT HE IS GROWING FRAIL

US President Donald Trump, 79, raged on Wednesday at an NYT report that focused on his age and growing signs of fatigue, insisting that he is full of energy and calling the woman author of the article “ugly”

time to read

1 min

November 27, 2025

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