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FinTech

Namma Yatri Bags $11 Mn From Blume Ventures, Others


SUMMARY

Namma Yatri has raised Pre Series A funding of INR 92 Cr (around $11 Mn) co-led by Blume Ventures and Antler

The ride hailing service plans to deploy the funds for research and development, innovations in the product stack and improving customer experience

Nandan Nilekani’s Beckn Foundation, the Namma Yatri app was launched in Bengaluru in 2022 committed to create a transparent, efficient and sustainable transportation ecosystem, aspiring to be the “UPI for mobility”

Ride hailing service Namma Yatri has raised Pre Series A funding of INR 92 Cr (around $11 Mn) co-led by Blume Ventures and Antler.

The round also saw participation from Google and a clutch of other investors.

The fresh proceeds will be deployed for research and development, innovations in the product stack and improving customer experience.

Fintech startup Juspay backed Nandan Nilekani’s Beckn Foundation, the Namma Yatri app was launched in Bengaluru in 2022 committed to create a transparent, efficient and sustainable transportation ecosystem, aspiring to be the “UPI for mobility.”

The platform has now moved beyond just offering auto rides to its customers in the city. Apart from Bengaluru, Namma Yatri also offers cab aggregator services in Kochi, Kolkata and Chennai. 

(The story will be updated soon)





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