Moving tech , the company that operates mobility apps like Namma Yatri, Yatri Sathi, Yatri, and Mana Yatri, has raised $11 million (Rs 92 crore approximately) in a pre-Series A funding round from Blume Ventures and Antler, Google and other investors.

Namma Yatri aims to invest the fund in technology, R&D and product innovations towards its vision to empower drivers, integrate public transport and improve customer convenience, the company said in a press release. The firm also wants to increase driver earnings while providing reliable, affordable, seamless, and sustainable mobility solutions.

Moving Tech launched Namma Yatri in Bengaluru in 2022. Namma Yatri and its family of apps are fully open-source, with open data metrics, and part of the ONDC Network as well.

“With our people-first approach, our goal is to build empathetic products and tech that are 10x better. By collaborating with Samaaj (Community), Sarkar (Government), and Bazaar (Business), we aspire to create an impact similar to UPI in India and Linux worldwide. This funding will enable us to innovate and grow further, said Magizhan Selvan and Shan M S in a joint statement.

The company’s user base is of 7 million and 400,000 drivers, Moving Tech is live in 8 cities and towns and claims to have facilitated 46 million trips.

visit: gamicaltech.com