Why Uber Is Spending ₹3,000 Crore to Fight Rapido in India’s Cab Battle
Uber has invested ₹3,000 crore into its Indian operations to counter rapid growth from Rapido, which disrupted the market with a zero-commission, flat-fee model for drivers. As Ola’s market dominance weakens, competition between Uber and Rapido is intensifying across metros and tier-2 cities, potentially leading to lower fares and higher driver incentives. The Big Shake-Up […]