How to Invest in Uber Technologies Inc., Stock from India: A Complete Guide

Uber Technologies Inc. began in 2009 with a simple idea: what if booking a ride could be as easy as tapping a button? The story started in Paris, where Travis Kalanick and Garrett Camp struggled to find a cab on a cold night. That small frustration sparked a big thought: a smartphone app that connects riders and drivers instantly. They launched ‘UberCab’ in San Francisco with just a handful of luxury cars.

Fun Fact: In 2024, Uber carried out over 11.2 billion rides across more than 70 countries.

Uber Technologies Inc. is listed on the New York Stock Exchange under the ticker symbol ‘UBER.’ As of November 2025, the company has a market valuation of USD 194.62 billion, and in the span of five years, the stock has delivered a return of 92.44%.

If you are looking to invest in Uber shares but don’t know where to start, try Vested.

About Uber Technologies Inc.

Uber has evolved far beyond ride-hailing into a multi-segment platform that includes Mobility (rides), Delivery (Uber Eats, grocery, and retail), and Freight logistics. In recent years, the company has spent heavily on autonomous ride-hailing partnerships and electric vehicle adoption to expand its services. Uber has recently joined hands with Momenta to introduce Robotaxi services in Europe in the early months of 2026.

 

Did you know? Uber has partnered with NASA to work on future air mobility plans.

Moving to the financials, here is a quick overview: 

• In 2024, Uber Technologies posted a gross profit of USD 17,327 million, an increase of USD 2,503 million compared to the previous financial year.
• The net profit, after accounting for extraordinary items and discontinued operations, was USD 9,845 million.
• In 2024, Uber’s cash flow from operating activities stood at USD 7,137 million, while in FY2023, it was USD 3,585 million.

In the US, Uber faces competition from Lyft, and together, these companies control nearly the entire ride-sharing market in the country. Other small players in this industry include Curb, Via, and regional taxi apps. 

Steps to Invest in Uber Shares from India

There are two ways through which you can invest in Uber shares:

Direct Investment

In this, you can directly invest in Uber or any other US-listed stocks. If you do not have thousands to invest, even USD 1, which is equivalent to around ₹87, can help you get fractional ownership in the share of your preferred choice.

Indirect Investment

You can also invest in mutual funds and exchange-traded funds (ETFs) through Vested that have Uber stocks in their portfolio. Indirect investment offers diversification benefits. 

Can Indians Invest in Uber Stock?

Yes, you can invest in US stocks, such as Uber, if you are a resident Indian. As per the Liberalised Remittance Scheme (LRS) by the Reserve Bank of India (RBI), the maximum you can invest in a financial year in US stocks is USD 250,000. This amount is inclusive of remittances made towards travel, gifts, or education.

Another rule specifies that you can directly invest in US stocks either through Indian brokers that have partnerships with US firms or through international brokerage platforms.

If you are looking for a hassle-free investment, turn to Vested. You can get started by completing your KYC formalities, linking your Indian bank account to the platform, and funding it with Indian rupees. The platform will convert the amount into US dollars, and once done, you can start investing.

How to Buy Uber Stock on Vested (Step-by-Step)

Here is how to buy Uber shares from India:  

• Step 1: Visit the Play Store or App Store, depending on your phone, and download the Vested app. You can also directly sign up on the website, too.
• Step 2:  Share your details and upload scanned copies of your PAN card and other ID proofs to complete the KYC.
• Step 3: After online verification, link your bank account to the Vested app and fund your account. The app will convert your deposits into USD as per the RBI’s LRS rules.
• Step 4: Go to the search bar and type ‘UBER.’ The details of Uber stock will appear on your screen. 
• Step 5: Scroll the screen, click on the ‘Buy’ option, and then enter the amount. Since Vested permits fractional ownership, you can enter any amount you wish to invest. Once done, confirm your order.
• Step 6: Re-login, and the details of your investment will appear at the top. 

How to Sell Uber Stock

Selling Uber shares through the Vested platform requires just four simple steps:

• Step 1: Open the Vested App on your smartphone and log in using your credentials.
• Step 2: Go to your portfolio and tap on ‘UBER’ stock.
• Step 3: Enter the number of shares you wish to redeem. You may also enter the amount in USD you wish to withdraw by redeeming your Uber holdings. 
• Step 4: Click ‘Confirm’ and the transaction will reflect in your Vested dashboard within a few seconds.

Note: You can either transfer the amount to your account or keep it in a portal to use for future investments. If you choose to withdraw, the funds may take up to two days to reflect in your Indian Bank account.

5 Things to Know Before Investing in Uber Stock

Before you invest in Uber shares, there are certain investment and taxation rules you must be aware of.

• TCS Collection: If the total remittance under the LRS provisions exceeds ₹10 lakh in a financial year, a tax collected at source (TCS) of 20% applies to the surplus. You can offset this TCS against the tax deducted at source (TDS) when filing your income tax return (ITR) using Form 12BAA.
• Mandatory Disclosure: Whether you have invested in Uber shares or any other listed US stocks, it is important to disclose the same in Schedule FA of the ITR. Mention the acquisition date, the number of securities you hold, broker details, and gains from each holding. Non-disclosure attracts a penalty under the Black Money Act.
• Dividend Taxation: Any dividend you receive from Uber is paid after deducting 25% withholding tax. The same income is taxed in India as per your income tax slab. However, you can claim foreign tax credit under the India-US Double Taxation Avoidance Agreement (DTAA) by filing Form 67. Just make sure you convert the income into Indian currency using the SBI TT buying rate on the last day of the month before the month you receive it.
• Capital Gains: The gains you make from US-listed stocks are taxed only in India. Long-term capital gains, defined as profits from shares held for more than 24 months, are taxed at 12.5%, while short-term gains are taxed at your applicable income tax slab rate.
• FEMA Compliance: Under the Foreign Exchange Management Act (FEMA), investments in US stocks must be made in the individual’s own name. You cannot invest in the name of entities like companies, partnership firms, trusts, or Hindu Undivided Families (HUFs). Similarly, joint investments or accounts with Non-Resident Indians (NRIs) or foreign nationals are disallowed.

Conclusion 

Vested has made it easier to invest in US stocks like Uber. With simple KYC documents and the use of an Indian bank account, you can purchase and redeem any listed US stocks with just a few clicks. The best feature of Vested is that no matter how expensive the stock is, you can enjoy fractional ownership by investing just USD 1.