Namma Yatri funding, investors and company details

Namma Yatri is an emerging Online Service Provider startup from Bengaluru, working in the space of Operates as India's first zero-commission ride-hailing app connecting auto-rickshaw drivers directly with passengers. Founded by Vimal Kumar, Sheetal Lalwani.

Company: Moving Tech Innovations Private Limited
Sector: Online Service Provider
Location: Bengaluru
Founders: Vimal Kumar, Sheetal Lalwani
Total funding raised: ₹92.07 Cr

Company overview

Namma Yatri operates as India's first zero-commission ride-hailing app connecting auto-rickshaw drivers directly with passengers via an open network platform built on ONDC protocol ensuring 100% fare transparency to drivers. Available in Bengaluru Hyderabad Delhi Chennai Mysuru and Tumkur it aggregates 340000+ drivers completing 120000+ daily rides across 28M+ journeys generating $50M+ driver revenue. Core activities include multi-modal transport integration real-time tracking user-friendly app features subscription-based revenue model grassroots driver partnerships and expansion leveraging Beckn protocol for sustainable urban mobility.

Funding rounds

Latest round (Pre Series A): $ 11.00 Mn (₹92.07 Cr.), 2024-07-16. Investors: Blume Ventures, Antler India