Uber Partners ONDC To Expand Mobility Offerings

SUMMARY

The company said in a statement that this integration stands to strengthen Uber's mission of bringing safe, affordable and reliable rides to all Indians

Uber made the announcement on Thursday (February 22) at an event

This comes after Uber’s competitors Ola and Namma Yatri onboarded the network

Ride-hailing platform Uber has inked a pact with the government-backed open network for digital commerce (ONDC) to explore integration with the network to expand its range of mobility offerings.

Uber said in a statement that this integration stands to strengthen its mission of bringing safe, affordable and reliable rides to all Indians.

Uber India and South Asia’s president Prabhjeet Singh said, “Our vision for Uber in India is to serve the mobility needs of all Indians. This is in line with ONDC’s objective of democratising digital commerce. We are excited to take our first step through this MoU with ONDC to explore how we can accelerate our ambition to make Uber a platform for every Indian’s daily mobility needs. We are committed to play our part in helping speed up and strengthen India’s digital transformation.”

Uber’s global CEO Dara Khosrowshahi, on Thursday (February 22), while speaking with Infosys Chairman Nandan Nilekani at an event said that companies and governments around the world can learn from the scale and ambition of India’s Digital Public Infrastructure.

He added that as a technology company, Uber views open source tech stacks with a lot of interest and recognises the opportunities they bring for everyone. 

Recently, Uber has expanded its India operations and entered Jammu and Kashmir. The company reported a 58% hike in the net loss to INR 311.3 Cr in FY23 from INR 196.7 Cr in the previous fiscal, hurt by the rising expenses.

Last year, Uber’s competitor Ola joined ONDC to start offering food delivery services on the network. 

On the other hand, recently, Bengaluru-based ride hailing startup Namma Yatri also joined the network and forayed into the Delhi market.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Uber Partners ONDC To Expand Mobility Offerings-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Uber Partners ONDC To Expand Mobility Offerings-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Uber Partners ONDC To Expand Mobility Offerings-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Uber Partners ONDC To Expand Mobility Offerings-Inc42 Media
Uber Partners ONDC To Expand Mobility Offerings-Inc42 Media
You’re in Good company