Uber Eyes B2B Logistics Push in India through the open -backed trade network

Uber enters the growing B2B Logistical Market in India by expanding its partnership with non -profit supported by the Indian government, which aims to break the dominance of the duo in the Amazon and Walmart e -commerce supported by Flipkart and expanding digital trade in South Asia.

On Monday, the giant horse riding company announced that it will soon launch the B2B Logistics service through the Open Digital Trading Network (ONDC) to help companies on the network access to logistics services through the Uber driver network 1.4 million, without revealing a specific timetable. The service will initially enable food delivery to companies that operate on the open network, but aims to expand it to e -commerce, groceries, pharmacy and even logistical health care services.

Through its new movement, Uber will be available as a logistical service provider in ONDC, and compete with the likes of Shiprockket (Temasek and PayPal supported by PayPal), Shadowfax (TPG, Qualcomm Ventures, eight of the road -backed roads), last unicorn Porter, and Tiger Global.

It will be a white designation service and will work similar to Uber Directand Firing In the United States in 2020, but will be limited to the companies available on the ONDC network, he told a person familiar with the Techcrunch plan.

Uber invasion in B2B Logistics in India follows the company’s expansion in the field of consumer logistics by submitting it Course XL In Delhi NCR and Mumbai earlier this month to help users deliver large goods up to 1653 pounds from the company Rider application by choosing three -wheeled commodity companies. The company also provides regular mail packages in two wheels for some time.

The availability of logistical services in general is logical for Uber because the Indian logistical services market 49 % is expected to grow To 13.4 trillion Indian rupees ($ 157 billion) in the fiscal year 2028 from 9 trillion Indian rupees ($ 105 billion) in the fiscal year 2023, per motived Oswal. This step will help Uber to obtain another work case in India, after seeing A. 41.1 % increase on an annual basis In the country’s operating revenues to $ 439 million last year. The results of last year also showed groups of horse riding 21.45 % on an annual basis of total operating revenue to 94.27 million dollars.

However, Uber faces The growing competition In the Indian passenger market, local players, including such as emerging players such as Rabdo (Westbridge Capital and Nexus Ventures supported) and Nama Yatry (Google, Blume Ventures and Onler Destd). Its diversification is expected to help in new areas, such as logistics services, the company that is based in San Francisco to maintain India as an important market.

Besides the B2B Logistics play, Uber launched the metro tickets on its Rider application supported by ONDC, based on a memorandum of understanding that the company Fell With the absence of a non -profit supported by the Indian government during the visit of CEO Dara Khrushhahi to India in February 2024. Delhi metro tickets are available first through the Uber application, while you will deal with metro tickets in three other Indian cities later this year.

It was launched in 2021, ONDC first appeared as an India’s initiative to enhance digital trade and allow young retailers to connect to the Internet and access more easily customers. Also network Expand In 2023.

ONDC was initially designed to repeat the success of the unified payment interface of the Indian government, with the aim of promoting the adoption of digital trade. However, she fought for strength, because the open network model has not yet won the main players in the industry. The last leadership Churn She added to her challenges, even with the former administrative director and executive director, T. Koshy, stepped down last month. Retailing orders on the network as well It decreased by about 34 % To 4.3 million in April from the peak of 6.5 million in October.

“The initial empowerment of the Uber for metro tickets and logistics opens new capabilities – from multimedia smooth trips to unifying a fragmented logistical ecosystem,” Vibhor Jain, Acting CEO of the Prosecutor and Coo at ONDC. “This cooperation places the basis of future innovations of Uber on the network, which enhances the value of users, partners and the broader scene of mobility and services.”