Google-Backed Namma Yatri Raises ₹39.75 Crore to Expand Its Zero-Commission Ride-Hailing Platform

Open mobility platform Namma Yatri, operated by Moving Tech, has raised ₹39.75 crore ($4.4 million) in a Pre-Series A extension round, further strengthening its mission to transform India’s ride-hailing ecosystem. The round was led by Vimal Kumar, with participation from existing investors Blume Ventures and Antler.

The latest funding values the company at approximately ₹500 crore, highlighting strong investor confidence in the startup’s unique approach to mobility. Since its launch in 2022, Namma Yatri has rapidly gained traction by introducing a zero-commission model that directly connects riders with drivers through open digital networks.

Unlike traditional ride-hailing platforms that charge drivers a commission on every ride, Namma Yatri operates on an open mobility framework designed to empower drivers while offering transparent pricing for riders. This model allows drivers to keep a larger share of their earnings while providing affordable ride options to users.

The platform currently operates across major cities, including Bengaluru, Delhi NCR, and Chennai, where it has built a strong community of drivers and passengers who prefer its fair and transparent system. By focusing on driver welfare and community-driven growth, the company is gradually building an alternative to traditional ride-hailing marketplaces.

According to the company’s latest financial indicators, Namma Yatri recorded approximately ₹19.8 crore in revenue in FY25, reflecting steady growth as the platform continues to expand its user base and geographic footprint.

The newly raised capital will help the company accelerate product innovation, improve its technology infrastructure, and strengthen driver onboarding across existing and new cities. A significant portion of the funds will also be used to expand the platform’s open network ecosystem, enabling smoother integration with other mobility solutions.

Namma Yatri’s technology is built on open networks and community-first principles, making it part of a broader movement to create decentralized and more inclusive digital platforms. The startup has also gained attention for its association with Google-backed open mobility initiatives, which aim to support interoperable and transparent digital infrastructure.

Industry experts believe that open mobility platforms like Namma Yatri could reshape the future of ride-hailing in India by reducing dependency on centralized platforms and creating a more balanced ecosystem for drivers, riders, and service providers.

With strong investor support, a rapidly growing user base, and a clear mission to build a driver-first ride-hailing network, Namma Yatri is positioning itself as a disruptive force in India’s mobility sector.

As the company continues to scale, its innovative zero-commission and open network model could play a crucial role in redefining how ride-hailing platforms operate in one of the world’s fastest-growing mobility markets.