
Funding for India’s cab fleet operators has nearly doubled in 2026 as ride-hailing platforms and investors back fleet expansion to meet growing demand for electric, premium, and corporate transport.

From bike taxis and subscription models to regulatory battles and aggressive expansion, Rapido has emerged as Uber’s biggest rival in India, reshaping the country’s ride-hailing market one city at a time.
Development comes as the ride-hailing business of ANI Technologies capped a year-long restructuring, signalling a shift in the unit economics of the company