Induslaw Deal Report - Namma Yatri

Our firm advised Moving Tech Innovations Private Limited ("Namma Yatri"), in relation to its funding by Google, Blume Ventures, Antler, others ¹

Namma Yatri is India's first ride hailing app built on a truly open network providing complete transparency in ride booking for both drivers and customers.

Deal amount: USD 11 million (approx.)

INDUSLAW Team:

Anindya Ghosh (Partner), Anantha Krishnan Iyer (Partner), Aishwaria Ramanan (Senior Associate) and Arnab Chakraborty (Associate).

Other law firms involved:

• Khaitan & Co. – Google
• Constellation Blu – Blume Ventures
• Argus Partners - Antler India/Antler Global

Footnotes

1 https://economictimes.indiatimes.com/tech/funding/namma-yatri-raises-11-million-in-funding-round-led-by-bloom-ventures-antlerothers/articleshow/111772385.cms?from=mdr

2 https://www.moneycontrol.com/technology/ola-uber-challenger-namma-yatri-pilots-auto-cab-rentals-article-12769465.html

3 https://www.hindustantimes.com/business/google-invests-in-indian-open-source-app-namma-yatri-that-rivals-ola-uber-report101721194160824.html

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