Namma Yatri Begins Cab Service in Delhi NCR
Ride-hailing platform Namma Yatri has started its zero-commission cab services under the brand ‘Yatri’ in Delhi NCR, in a move that is set to intensify competition with Uber and Ola in this thriving market.
The platform, which operates Namma Yatri, will not charge commissions or subscription fees for its electric auto rickshaws and taxis in Delhi NCR until March 2026, according to Shan MS, cofounder of Moving Tech Innovations.
Yatri offers autorickshaw, AC mini, AC sedan, and AC XL cab services at "low prices" with a lifetime zero-commission policy, according to the company.
On the Open Network for Digital Commerce (ONDC), Namma Yatri and its family of mobility apps—Yatri, Mana Yatri, and Yatri Sathi—function as open mobility platforms with a zero-commission business model.
Ola, Uber, and Rapido—which is supported by WestBridge Capital—all provide car rickshaw services, and Rapido also uses the zero-commission approach.
Instead of paying a per-ride commission fee that varies from 25 to 30 percent, driver partners under this model must subscribe to the platform in order to use the rider discovery service.
Former Juspay financial platform chief growth officer Shan M S and former chief product officer Magizhan Selvan started Moving Tech. The entity is primarily owned by Juspay, with other holdings held by its founders and senior managers. MovingTech was split off from Juspay and established as a distinct company in April.
Moving Tech raised $11 million in its first round of external fundraising last month, valued at $55 million
Moving Tech raised $11 million in its first round of external fundraising last month, valued at $55 million. Blume Ventures and Antler, two venture capital firms, led the investment.