Namma Yatri Raises $11 Million Funding from Blume Ventures and Others

Bengaluru-based ride-hailing startup Namma Yatri has raised USD 11 million in Series A funding, marking a gigantic fillip for the mobility sector.

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Namma Yatri hopes to utilize the freshly raised funds in strengthening its technology infrastructure, enhancing driver and rider experiences, expanding services to other cities across India.

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The participation of Blume Ventures and Beenext in this funding round thus underlines the fast-growing confidence in the business model and long-term growth potential that lies ahead for Namma Yatri.

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A portion of the money raised in the Series A round would also be utilized to build technological capabilities for Namma Yatri.

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It also envisages increasing its engagement with local governments and transport authorities to enhance its involvement in the urban mobility ecosystem.

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