Google Backs Namma Yatri: The New Rival to Ola and Uber

Google has invested in Moving Tech, the parent company of the Indian open-source ridesharing app Namma Yatri, it was reported.

The Bengaluru-based startup raised $11 million in a pre-Series A funding round and Google committed to investing $10 billion in India in this round, TechCrunch reported. Namma Yatri operates on government-backed initiative Open Network for Digital Commerce (ONDC). Namma Yatri does not charge commission fees unlike Uber and Ola but it connects customers with auto-rickshaws and cab drivers for a small monthly fee from its driver partners.

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