Uber has infused nearly ₹3,000 Cr (around $330 Mn) into its Indian unit as competition in the market heats up
The company’s India arm, Uber India Systems, allotted 14.4 Mn equity shares at an issue price of ₹2,022.85 each to raise ₹2,921 Cr
The fund infusion comes amid pressure on Uber India’s financial performance. In the fiscal year FY25, Uber India’s net loss soared almost 15X to ₹1,511 Cr, from ₹89 Cr in FY24
Ride-hailing major Uber has infused nearly ₹3,000 Cr (around $330 Mn) into its Indian…

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