Publication - Hindustan Times
Edition - Online
Google invests $11 million in Indian ridesharing app Namma Yatri which connects customers with auto-rickshaws and cab drivers without charging commission fees.
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).
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