Behind the Uber-Rapido merger talks; Honasa’s strong Q1 report

Happy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETtech Morning Dispatch.

Also in the letter:

■ Infra.Market’s backdoor listing

■ Bluehill VC’s maiden fund

■ Mirae Asset Venture eyes early-stage bets

---

^{Uber, Rapido held talks to combine India ops; deal collapsed over control: sources}