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ARTICLE · 18 JULY 2024

Induslaw Deal Report - Namma Yatri

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Our firm advised Moving Tech Innovations Private Limited ("Namma Yatri"), in relation to its funding by Google, Blume Ventures, Antler, others Namma Yatri is India's first ride hailing app built on a truly open...

IndiaTechnology
CMS IndusLaw
CMS IndusLaw
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Our firm advised Moving Tech Innovations Private Limited ("Namma Yatri"), in relation to its funding by Google, Blume Ventures, Antler, others 1

Namma Yatri is India's first ride hailing app built on a truly open network providing complete transparency in ride booking for both drivers and customers.

Deal amount: USD 11 million (approx.)

INDUSLAW Team:

Anindya Ghosh (Partner), Anantha Krishnan Iyer (Partner), Aishwaria Ramanan (Senior Associate) and Arnab Chakraborty (Associate).

Other law firms involved:

  • Khaitan & Co. – Google
  • Constellation Blu – Blume Ventures
  • Argus Partners - Antler India/Antler Global

Footnotes

1 https://economictimes.indiatimes.com/tech/funding/namma-yatri-raises-11-million-in-funding-round-led-by-bloom-ventures-antlerothers/articleshow/111772385.cms?from=mdr

2 https://www.moneycontrol.com/technology/ola-uber-challenger-namma-yatri-pilots-auto-cab-rentals-article-12769465.html

3 https://www.hindustantimes.com/business/google-invests-in-indian-open-source-app-namma-yatri-that-rivals-ola-uber-report101721194160824.html

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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