Now Reading: Uber adds 100 Indian cities with bike taxi push
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Uber adds 100 Indian cities with bike taxi push
Uber has launched its bike taxi service in 100 new Indian cities, expanding its total footprint to 225 cities across 18 states and one union territory. The rollout targets smaller towns, from…
The Story in Brief
Uber has launched its bike taxi service in 100 new Indian cities, expanding its total footprint to 225 cities across 18 states and one union territory. The rollout targets smaller towns, from Jammu in the north to Tirunelveli in the south, and Silchar in the east to Jamnagar in the west.
Union minister Nitin Gadkari welcomed the move and urged states to adopt the Motor Vehicle Aggregator Guidelines 2025. The expansion pits Uber directly against Rapido, which dominates the segment with nearly 60% market share in about 400 cities. Uber reported a net loss of Rs 1,511 crore in FY25, almost 15 times the previous year's loss.
The Indian Opinion
Uber's bike taxi expansion is good news for small-city commuters, but the hype hides two hard truths. One, the company's India business lost Rs 1,511 crore in FY25 on flat revenue. Two, Rapido already rules this space with a 60% share. The question is not whether Uber can add cities, but whether it can sustain the price wars and regulatory hurdles long enough to turn two-wheelers profitable.
Sources (3): inc42.com, thefederal.com, siasat.com
This story was synthesised by AI from the 3 sources linked above.
Updated: this story now draws on 3 sources.
