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Uber Eats India
Uber Eats India was the food-delivery arm of Uber Technologies in India. Launched in 2017, it sold operations to Zomato in 2020.
Uber Eats India
Uber Eats India was established in 2017 as a subsidiary of Uber Technologies Inc., entering India's rapidly growing food-delivery market. The unit operated under Uber's global brand and infrastructure without separate disclosed founding principals or funding. The strategy mirrored Uber's global playbook: platform aggregation of restaurants, app-based ordering, and logistics through gig workers. In its three years of operation, Uber Eats India competed directly with Swiggy and Zomato in a market that burned through hundreds of millions in venture capital. The firm's asset-light model relied on Uber's existing driver network and technology stack, but it never achieved the scale of its two larger rivals. By early 2020, Uber Eats India had captured an estimated 10–12% market share. In January 2020, Uber sold its India food-delivery business to Zomato in an all-stock deal valued at around $350 million (per TechCrunch, January 2020). The transaction gave Uber a 9.99% stake in Zomato, which it later monetized through public-market sales. No additional offices, team size, or adjacent vehicles were disclosed. Uber Eats India's structural differentiator was its reliance on a global parent's capital and technology rather than local fundraising — a model that proved unsustainable against well-capitalized local competitors. The sale to Zomato reflected Uber's broader pullback from unprofitable international markets and remains a case study in the winner-take-most dynamics of Indian food-tech.
General information
Firm type
other
Year founded
2017
AUM
Undisclosed
Location
Region
Asia
Country
India
City
—
Corporate office
India
Sector focus
Frequently asked questions
Who ran Uber Eats India?
Uber Eats India was managed as a regional unit within Uber Technologies' global operations. No independent leadership team or CEO was publicly named for the India entity separate from Uber's broader Asia-Pacific management.
Why did Uber sell its India food-delivery business?
Uber sold the India business in January 2020 to Zomato for an all-stock deal worth approximately $350 million (per TechCrunch, January 2020). The sale followed a sustained battle for market share with Swiggy and Zomato, which required heavy investment. Uber's leadership, including CEO Dara Khosrowshahi, prioritized profitability and exited markets where the firm could not achieve a top-two position.
What did Uber receive in exchange for Uber Eats India?
Uber received a 9.99% stake in Zomato, the acquirer, valued at roughly $350 million at the time of the deal. Uber later sold most or all of that stake after Zomato went public on the National Stock Exchange of India in July 2021, though exact proceeds from those sales have not been fully disclosed.
How did Uber Eats India compare to Swiggy and Zomato?
Uber Eats India was consistently the third-largest player in India's food-delivery market, behind Swiggy and Zomato. At the time of the acquisition, Uber Eats held an estimated 10–12% market share. Swiggy and Zomato each had roughly 35–40% (per industry estimates and press coverage from 2019–2020).
Did Uber Eats India raise outside capital?
No. Uber Eats India was fully funded by Uber Technologies Inc., drawing on its parent's balance sheet and global revenue. The unit never raised separate venture capital or external debt financing in India.
What happened to Uber Eats India operations after the sale?
The Uber Eats India app was shut down and replaced by Zomato's platform. Uber's restaurant partners and delivery fleet were integrated into Zomato's network. Uber retained the right to re-enter the Indian food-delivery market after a five-year non-compete period, but has not done so as of 2025.
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