Deal Structuring Inputs
Negotiation Levers
Uber India EV ($B)
$2.40B
Standalone enterprise value attributed to Uber India operations
Rapido India EV ($B)
$1.80B
Standalone valuation anchored by 2W market leadership & Swiggy backing
Uber Equity Demand
58.0%
Uber's demanded ownership stake in pro-forma merged HoldCo
Rapido Equity Ask
48.0%
Rapido founders/investors minimum required combined equity stake
Governance & Board Seats
Uber Board Seats
4 seats
Rapido Board Seats
3 seats
Independent / Investor Seats
1 seat
Pro-Forma Combined Entity Ownership
Combined EV: $4.20B
Uber India (Implied: 57.1% / Demanded: 58.0%)
Rapido (Implied: 42.9% / Demanded: 48.0%)
Negotiation Claim Gap: +6.0%
India Multi-Modal Segment Dominance
Daily Trip Volumes & Fleet Scale
| Segment | Total Daily Trips | Uber Pre | Rapido Pre | Merged Entity Share | Post-Merger HHI Index |
|---|---|---|---|---|---|
|
2-Wheeler
Bike-Taxis & Rapid Delivery
|
7.2M trips/day | 12.0% | 68.0% |
80.0%
|
6,650 (Monopoly) |
|
3-Wheeler
Auto Rickshaws & Commute
|
5.5M trips/day | 28.0% | 32.0% |
60.0%
|
4,756 (High Concern) |
|
4-Wheeler
Sedans, XL & Premier Cabs
|
4.1M trips/day | 46.0% | 2.0% |
48.0%
|
4,244 (Duopoly Ola) |
Pro-Forma India Ride-Hailing GMV Mix ($3.8B Ann.)
D3 Dynamic Engine