U.S. Tech Giant Uber To Invest In India

SAN FRANCISCO – Ride-hailing platform Uber on June 2 announced a strategic investment in the Open Network for Digital Commerce (ONDC), marking one of the earliest investments by a global technology company in India’s open digital commerce network.

The U.S.-based company said the investment builds on its existing partnership and integration with ONDC and reflects its long-term strategy of expanding mobility and logistics services through open digital networks.

As part of the expanded collaboration, Uber said it will work closely with ONDC to increase access to multimodal transportation solutions, including public transit integrations, while also strengthening logistics capabilities for businesses and independent earners operating on the network.

Prabhjeet Singh, President of Uber India and South Asia, said, “Our ongoing partnership with ONDC and now this investment puts us at the heart of that innovation journey. By investing in this network, we’re helping more people move, more businesses grow, and more earners thrive by harnessing the power of the ONDC network.”

Adil Zainulbhai, Independent Director at ONDC, called the investment a reflection of growing confidence in India’s digital commerce infrastructure and its ability to create a level playing field for businesses. “Uber’s investment is a strong endorsement of India’s Digital Public Infrastructure and its potential to drive innovation, efficiency and inclusive growth,” he said.

Uber said metro ticketing services through its platform are now live across five Indian cities, with more than 10 million metro rides already booked through the ONDC network. (IANS)