Community-led mobility app Namma Yatri on Tuesday said it has raised $11 million (about Rs 92 crore) in a pre-Series A funding round led by Blume Ventures and Antler, with participation from Google and other investors.
Moving Tech, the company behind community-led mobility apps Namma Yatri, Yatri Sathi, Yatri and Mana Yatri, said it will invest the fund in technology, R&D and product innovations.
Moving Tech, a spin-off from Juspay, launched open mobility app, Yatri, in 2020.
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Homegrown Namma Yatri app raises $11 mn with Google as investor
India’s automobile exports clocked a robust 15.5 per cent growth in the April-June quarter of the current financial year compared to the same period in the previous year, according to data compiled by the Society of Indian Automobile Manufacturers (SIAM).
The overseas shipments of vehicles were estimated at 11,92,577 units, up from 10,32,449 units in the same quarter last year.
Exports of passenger vehicles rose by 19 per cent to 1,80,483 units from 1,52,156 units in the previous ...
India`s automobile exports clock 15.5 pc growth in April-June quarter