Brands
Hyundai shifts gears with Prime Taxis a new ride For India’s fleet
MUMBAI: When the fare meter starts ticking, uptime matters more than flair. Hyundai Motor India Limited is steering into that reality with a decisive move, officially entering the commercial mobility lane with the launch of its dedicated taxi range Prime HB and Prime SD aimed squarely at fleet operators and taxi entrepreneurs across India.
The new Prime line marks Hyundai’s first structured foray into commercial mobility, blending its passenger-car credentials of reliability and comfort with the hard economics of the taxi business. Both models are powered by the proven 1.2-litre Kappa four-cylinder engine, offered in petrol and CNG variants, a combination designed to keep running costs low while maximising earnings per kilometre.
Pricing is pitched competitively to lure first-time buyers and expanding fleets alike. The Prime HB hatchback starts at Rs 5,99,900, while the Prime SD sedan is priced from Rs 6,89,900. Bookings are now open nationwide with a token amount of Rs 5,000 at Hyundai dealerships.
Hyundai says the Prime range has been engineered with predictable maintenance and high utilisation in mind. Extended warranty options cover the fourth and fifth year or up to 1,80,000 km, translating to a claimed running cost of around 47 paise per kilometre. Flexible finance options of up to 72 months further sweeten the proposition for operators watching cash flow as closely as fuel bills.
Fuel efficiency remains a strong talking point. In CNG mode, Prime SD delivers a claimed 28.40 km per kg, while Prime HB offers 27.32 km per kg figures likely to appeal in a segment where margins are thin and volumes matter.
On the inside, Hyundai has resisted stripping the cars bare. Six airbags, rear AC vents, power windows, steering-mounted controls, rear parking sensors and a speed limiter capped at 80 kmph come as standard, underscoring the brand’s attempt to balance safety, comfort and compliance. Optional extras include a 9-inch touchscreen with wireless Android Auto and Apple CarPlay, along with vehicle tracking devices equipped with panic buttons.
Speaking on the launch, Hyundai Motor India Limited said the Prime range reflects its intent to extend hassle-free ownership into the commercial space. Hyundai Motor India Limited Managing director and CEO-designate Tarun Garg noted that fleet operators prioritise uptime, low operating costs and predictable maintenance parameters the Prime HB and Prime SD have been built around.
Available in Atlas White, Typhoon Silver and Abyss Black, the Prime taxis will be supported by Hyundai’s nationwide sales and service network, including trained fleet care advisors at dealerships.
With this move, Hyundai isn’t just adding another model line. It is signalling that the battle for India’s commercial mobility market, long dominated by utilitarian choices, is shifting gears towards comfort, safety and long-term value.
Brands
Eternal pumps Rs 450 crore into Blinkit as quick commerce race heats up
Fresh funds fuel Blinkit’s expansion as rivals Zepto and Instamart scale up
MUMBAI: Eternal has infused Rs 450 crore, into its quick commerce subsidiary Blinkit, marking its first capital injection into the company in 2026. The funding comes as competition in India’s fast-growing quick commerce market continues to intensify.
According to media reports, the capital infusion was approved by the board through a rights issue, with 2,799 equity shares allotted at an issue price of Rs 16,07,161 per share. The funds are expected to support Blinkit’s expansion, operational expenses and working capital needs as it scales operations across more cities.
The latest investment follows significant funding support from Eternal in 2025. The company invested Rs 500 crore in January, Rs 1,500 crore in February and Rs 600 crore in November, taking the total infusion last year to Rs 2,600 crore. The continued funding highlights Eternal’s focus on strengthening its quick commerce business.
Blinkit’s operations have grown rapidly alongside these investments. In the December quarter of FY25, the company reported revenue of Rs 1,399 crore, up from Rs 644 crore in the same period a year earlier. Gross order value also rose to Rs 7,798 crore during the quarter, reflecting strong demand for rapid delivery services.
However, profitability remains under pressure as the company continues to expand. Blinkit reported an adjusted ebitda loss of Rs 103 crore in the quarter, compared with a loss of Rs 8 crore in the previous quarter.
The funding comes at a time when competition in the quick commerce segment is increasing. Rival startup Zepto raised $450 million in October last year, while Swiggy raised around Rs 10,000 crore in December to strengthen investments in its quick commerce arm Instamart.
Earlier this year, Blinkit CEO Albinder Dhindsa was elevated to group CEO of Eternal, succeeding Deepinder Goyal, reflecting the growing strategic importance of the quick commerce business within the company.
