In an interview with Storyboard18, the president of Uber India and South Asia talks about the company's portfolio strategy and the genesis of a new marketing campaign to unlock the 100-million-rides opportunity
In 2020, Uber’s business flatlined as lockdowns came into effect around the world. Two years later, as business recovers, we check in to see what’s happening at the ride hailing company in India. In a conversation with Storyboard18, Prabhjeet Singh, president of Uber India and South Asia, tells us about the company's multi-modal vision and its new marketing campaign for low-cost mobility solutions. Singh sheds light on how the company plans to tap into the next 100 million rides and unlock India’s mobility segment with auto and moto. We also ask him about his turn as an Uber driver and what the company is doing about the issue of ride cancellations.
Edited excerpts.
Q. What are some of the pandemic-born insights that are informing your strategies, specifically on the marketing front?
What the pandemic showed in some form was what is happening with new India. The new India is young, keen to get out, keen to make sure that they're able to pursue their dreams, despite whatever challenges there are. I like to call them the “resilient aspirants” of the country that are moving the country forward. And coincidentally, if you look at our business, as well as the mobility business, they're also seeing massive growth in low cost affordable solutions.
The same technology which used to power Uber cars is now powering three wheelers and two wheelers, which are categories of Uber Auto and Uber Moto that are growing at record pace. In fact, many of these categories are now double the size of what they were before the pandemic and form a big part of how we want to serve the next 100 million consumers.