India’s ride-hailing industry has changed the way millions of people travel every day. From cabs and autos to bike taxis and employee commute solutions, mobility platforms have become an important part of urban transportation.
Moreover, the industry has expanded beyond traditional cab services. Companies are now using technology to connect passengers with drivers, improve route efficiency, offer affordable rides, and build new mobility solutions.
The companies below are ranked based on the revenue figures shown in the provided data. Together, they highlight the scale and diversity of India’s unlisted ride-hailing and mobility ecosystem.
1. Uber
Company Name: Uber India Systems Private Limited
City: Mumbai, Maharashtra
Founding Date: 16 Aug 2013
FY 2025 Revenue: ₹3,895.29 Cr
Latest Valuation: ₹8229.0 Cr (as of 07 Nov 2025)
About the Company
Uber is one of the world’s best-known ride-hailing platforms. In India, the company connects riders with drivers through its technology platform and offers services across multiple mobility categories.
The Indian business operates through Uber India Systems Private Limited. Furthermore, its platform has expanded beyond traditional cab bookings to include services such as auto rides, intercity travel, and other mobility solutions.
With its large customer base and technology-driven operating model, Uber remains one of the biggest names in India’s ride-hailing market. Its FY2025 revenue of ₹3,895.29 crore places it at the top of the companies featured in this list.
2. Ola
Company Name: ANI Technologies Private Limited
City: Bengaluru, Karnataka
Founding Date: 03 Dec 2010
FY 2025 Revenue: ₹1,368.90 Cr
Latest Valuation: ₹50407.20 Cr (as of 30 Nov 2022)
About the Company
Ola is one of India’s early and most prominent ride-hailing platforms. Founded in 2010, the company started by connecting customers with cabs and later expanded into autos, bikes, and other mobility services.
The company operates through ANI Technologies Private Limited and has its headquarters in Bengaluru. Over the years, Ola has built a large network of drivers and customers across India.
Furthermore, the company has expanded its mobility ecosystem through several products and services. Its parent company, ANI Technologies, was valued at around US$1.88 billion in a Vanguard valuation adjustment reported in February 2024.
3. Rapido
Company Name: Roppen Transportation Services Private Limited
City: Hyderabad, Telangana
Founding Date: 05 Jan 2015
FY 2025 Revenue: ₹1,002.87 Cr
Latest Valuation: ₹8952.90 Cr (as of 18 Jun 2025)
About the Company
Rapido started as a bike-taxi platform and has since expanded into a broader ride-hailing and mobility business. The company now offers bike taxis, autos, and cab services across India.
Founded in 2015, Rapido was built around the idea of making urban transportation more affordable and accessible. Moreover, its technology platform connects customers with driver-partners across multiple cities.
The company reported revenue of around ₹1,002.87 crore in FY2025. Its latest reported funding activity in 2026 has further strengthened its position among India’s leading private mobility companies.
4. Alyte (Meru)
Company Name: MLL Mobility Private Limited
City: Mumbai, Maharashtra
Founding Date: 04 Dec 2006
FY 2025 Revenue: ₹321.29 Cr
Latest Valuation: ₹58.0 Cr (as of 30 Dec 2022)
About the Company
Alyte, formerly associated with the Meru brand, operates through MLL Mobility Private Limited. The company provides personal road transportation and mobility services.
MLL Mobility was incorporated in 2006 and is a subsidiary of Mahindra Logistics. Furthermore, the company has a long history in India’s organized cab and transportation market.
Its FY2025 revenue stood at ₹321.29 crore. As a result, Alyte remains an established player in India’s evolving mobility ecosystem.
5. Blu-Smart
Company Name: Blu-Smart Mobility Limited
City: Ahmedabad, Gujarat
Founding Date: 24 Oct 2018
FY 2024 Revenue: ₹171.81 Cr
Latest Valuation: ₹2682.50 Cr (as of 28 Feb 2025)
About the Company
Blu-Smart built its business around electric vehicle-based ride-hailing. The company focused on offering an all-electric mobility experience while also developing charging infrastructure.
Founded in 2019, Blu-Smart expanded its presence across major Indian cities and built a large EV fleet. In addition, its business model combined ride-hailing with charging infrastructure and fleet operations.
In January 2025, reports indicated that Blu-Smart was seeking funding at a pre-money valuation of around US$335 million. However, the company later faced significant operational and financial challenges, and its ride-hailing operations were suspended in 2025.
6. Indriver
Company Name: Indsystems It Private Limited
City: New Delhi, Delhi
Founding Date: 04 Mar 2021
FY 2025 Revenue: ₹59.95 Cr
Latest Valuation: ₹8.20 Cr (as of 19 Aug 2022)
About the Company
Indriver is among the smaller mobility businesses featured in this revenue ranking. The company operates in India’s technology-driven transportation ecosystem and is included based on the revenue data provided.
Its presence reflects the growing number of private companies operating within India’s wider ride-hailing and mobility market. Furthermore, smaller platforms can target specific customer segments and transportation needs that may not always be served by larger aggregators.
With revenue of ₹59.95 crore in the provided FY2025 data, Indriver ranks among the emerging companies in this list.
7. Quick Ride
Company Name: Idisha Info Labs Private Limited
City: Bengaluru, Karnataka
Founding Date: 10 Jun 2014
FY 2025 Revenue: ₹54.22 Cr
Latest Valuation: ₹337.30 Cr (as of 08 Feb 2019)
About the Company
Quick Ride is a Bengaluru-based mobility platform focused on carpooling, bike pooling, and ride-sharing. The company aims to make daily commuting more efficient by connecting people travelling along similar routes.
Moreover, Quick Ride has expanded its platform beyond simple carpooling to offer multiple mobility and commuting solutions. Its technology helps commuters share rides while potentially reducing travel costs and congestion.
8. Namma Yatri
Company Name: Moving Tech Innovations Private Limited
City: Bengaluru, Karnataka
Founding Date: 10 Nov 2023
FY 2025 Revenue: ₹23.53 Cr
About the Company
Namma Yatri is a technology-driven mobility platform built around an open mobility ecosystem. The platform initially focused on connecting passengers with auto-rickshaw drivers and has since expanded its mobility network.
Moving Tech Innovations Private Limited was incorporated in November 2023. However, the Namma Yatri platform itself launched in Bengaluru in 2022.
Furthermore, the company follows an open mobility approach that aims to connect different mobility operators and services through common technology standards. Its FY2025 revenue stood at ₹23.53 crore in the provided data.
9. Jugnoo
Company Name: Socomo Technologies Private Limited
City: Panchkula, Chandigarh
Founding Date: 18 Dec 2012
FY 2025 Revenue: ₹20.43 Cr
Latest Valuation: ₹360.0 Cr (as of 07 Apr 2016)
About the Company
Jugnoo is a technology platform that initially focused on online auto-rickshaw bookings. Over time, it expanded into other on-demand services, including delivery and local commerce.
The business operates through Socomo Technologies Private Limited, which was incorporated in December 2012 and is registered in Chandigarh.
Moreover, Jugnoo has used its technology platform to connect customers with transportation and delivery providers. Its FY2025 revenue of ₹20.43 crore places it among the smaller companies in this ride-hailing revenue ranking.
Conclusion
India’s ride-hailing market has grown from a handful of cab platforms into a diverse mobility ecosystem. Today, companies are competing across cabs, autos, bike taxis, carpooling, electric mobility, and open mobility networks.
Uber, Ola, and Rapido lead the revenue ranking in the provided data. Meanwhile, companies such as Alyte, Blu-Smart, Quick Ride, Namma Yatri, and Jugnoo highlight the different business models emerging across India’s mobility sector.
As technology, electric vehicles, and shared mobility continue to reshape urban transportation, India’s unlisted mobility companies could remain an important space to watch.
Looking for more insights into India’s private companies? Explore PrivateCircle for detailed company financials, ownership data, valuations, and industry intelligence.
