2nd Covid wave expected to impact the business of mobility players in India

Industry executives say the second wave of Covid-19 pandemic may severely impact the business of mobility companies

The second wave of Covid-19 pandemic is expected to have an impact on the business of top mobility players in India such as Uber, Ola and Rapido. However, industry insiders said that the impact is not going to be as drastic as last year as this time the lockdowns are more methodical in the country.

US ride-hailing firm Uber Inc has said that its business in India has been affected hard by the second Covid-19 wave which has triggered renewed lockdown-like restrictions across the country. 

“One of our top priorities is to rebuild the driver base,” said Uber chief executive officer Dara