NAMMA YATRI
Govt tells cab aggregators to stop advance tipping before rides, calls practice misleading and unfair
Due to concerns over misleading practices, the government has mandated that cab aggregators remove the option for advance tipping. Authorities have deemed this tactic an unfair trade practice, resulting in Rapido being fined ten lakh rupees. As investigations into Uber and Ola persist, it’s established that tipping must remain at the discretion of consumers after their journey.
Rapido faces Rs 10 lakh penalty over ‘pay more, get a ride’ prompts, dark patterns in app
The Central Consumer Protection Authority fined Rapido Rs 10 lakh for misleading interface designs. Rapido used dark patterns like 'Confirm Shaming' and 'Interface Interference' to nudge riders. The authority also found the platform guilty of misleading advertisements and unfair contract terms. This action follows a sector-wide examination into advance tipping and dynamic pricing.
Namma Yatri rolls out Namma Transit to integrate metro, auto, cab services
Mobility startup Namma Yatri is rolling out a multimodal transit feature to ease urban travel as Bengaluru grapples with worsening commute times. Namma Yatri released a report titled ‘Made for BLR: Namma Mobility Blueprint 2030,’ which highlighted the need for introducing regulations for pooling, sharing, and ride batching models as seen in Amsterdam, Singapore, and Tokyo, to reduce emissions by 50%, cut down hours lost in traffic from 117 to 57, and increase public transport mode from 48% to 70%.
Karnataka HC stays AAR notice to Juspay in Namma Yatri case
Earlier, the Karnataka Authority for Advance Ruling (AAR), had in a notice to Juspay Technologies, said that it might void an earlier ruling that said its Namma Yatri app was not liable to collect GST on rides booked on the platform following the transfer of assets from Juspay to its subsidiary Moving Tech Innovations. The AAR felt the action amounted to suppression/misrepresentation of facts by Juspay.
Namma Yatri sets sights on sustainable growth, unveils driver welfare trust
The company, which has completed over 10.38 crore rides and generated over Rs 1,700 crore in earnings for its 6.13 lakh registered drivers, is now looking to expand its services and invest in digitising public transport systems in Bengaluru, Chennai, and Kolkata, according to cofounder and COO Shan M S.
GST on ride-hailing: Karnataka AAR says may recall ruling on Namma Yatri
This follows Bengaluru-based Juspay hiving off the cab-hailing business to a subsidiary, Moving Tech Innovations. The AAR said the company seems to have acquired Namma Yatri as a “going concern” by suppressing/misrepresenting material facts. However, experts termed the move as rare and a clumsy effort to negate a business-friendly provision provided by Parliament.
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Uber adopts smaller rivals' model for India autorickshaw rides to weather competition
Uber has shifted to a zero-commission model for autorickshaw drivers in India, charging a subscription fee instead. This move, following rivals like Rapido, aims to stay competitive and address concerns over high commission rates.
Auto, cab services hit in Delhi as drivers go on a two-day strike
A two-day disruption in Delhi could have a significant impact on the business of platforms such as Ola and Uber, for whom the national capital is an important market in terms of customer base. The 15 unions on strike represent over 400,000 taxi and auto rickshaw drivers in the national capital.
Namma Yatri starts cab service in Delhi NCR
To take on Uber and Ola, Namma Yatri has launched a zero-commission cab service in Delhi NCR, called Yatri. Drivers won't be charged a commission till March 2026. 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.
Metro ticket bookings in Google Maps is now going live in Kochi and Chennai
Google announced a collaboration last December with the government-backed Open Network for Digital Commerce (ONDC) and Namma Yatri to streamline the public transport experience on Google Maps
Namma Yatri raises $11 million in funding round led by Blume Ventures, Antler, others
Ride-hailing company Namma Yatri has raised Rs 92 crore or $11 million in a pre-Series A funding round. This was led by Blume Ventures and Antler, while tech giant Google also participated, among other investors. The company will use the capital to boost driver earnings and product innovation.
Uber, others seek clarity on GST after conflicting rulings
App-based mobility providers, including Uber, seek clarity on GST liability following conflicting rulings. Companies approach finance ministry, GST council, and AAR for resolution. Ambiguity in tax law for electronic commerce operators highlighted by industry experts. Urgent need for clarity to prevent market impact and legal disputes.
Paytm app launches auto-rickshaw booking feature via ONDC
Paytm introduces auto-rickshaw booking on its app through ONDC and Namma Yatri for users in NCR, Bengaluru, and Chennai. ONDC tab includes food, groceries, and rides. Pai Platforms facilitates the service with significant mobility transactions.
Nalin Negi is new BharatPe CEO; Namma Yatri’s cabs play
Fintech firm BharatPe has elevated its interim CEO Nalin Negi as the company’s full-time chief executive officer. This and more in today's ETtech Top 5.
Namma Yatri launches cab services in Bengaluru, says no subscription fees till October
Chief executive Magizhan Selvan told ET that Namma Yatri is not charging a subscription fee from cab drivers for the initial few months, and plans to start charging a fee of Rs 90 per day for unlimited rides after October 1.
TCS Q4 net profit up 9%; two partners leave Lightspeed
Revenue from operations saw a marginal 3.5% year-on-year increase to Rs 61,327 crore. In constant currency terms, TCS clocked a revenue growth of 2.2% in the March quarter. The growth was led by the India business (up 38%), followed by the UK (6.2%).
Namma Yatri goes live with cab service in Bengaluru
Namma Yatri expands to cab services in Bengaluru with a daily subscription model. The firm previously focused on autorickshaws and introduced a separate cab booking section in the app.
Juspay spins off mobility platform Namma Yatri into new entity
Moving Tech Innovations Ltd, a Juspay spin-off, focuses on cost-effective solutions in the ride-hailing industry. Led by Shan M S and Magizhan Selvan, the new entity seeks funding, aims for profitability, and competes with major players like Uber and Ola.
Auto-booking app Namma Yatri goes live in Chennai
With nearly 10,000 drivers already on board, Namma Yatri plans to add 1 lakh drivers in the next 6 months in Chennai. It also plans to expand to other cities in the state.
Ride-hailing service Namma Yatri hits the road in Delhi
Over 10,000 auto rickshaw drivers have already joined Namma Yatri in the city, while 50,000 are expected to join in the next three months.
New ride-hailing apps racing Uber, Ola for mobility business
New ride-hailing platforms are trying to address gaps left by market leaders in customer service and driver satisfaction, say industry executives.
Google Maps, ONDC, Namma Yatri tie up to provide seamless mobility experience
ONDC may include long-distance trains and flights in time to come, its managing director and chief executive officer T Koshy said.
Hyderabad gets own homegrown ride-hailing app Yaary on ONDC
Yaary app on the ONDC network works like Bengaluru’s Namma Yatri and will not charge commission from drivers
Bengaluru's Namma Yatri app pokes fun at Sam Altman’s OpenAI drama with clever wordplay
As the tech community grappled with the turbulence at OpenAI, Namma Yatri's users were pleasantly surprised by a witty notification: "Pickup faster than Sam Altman’s return!" This clever wordplay not only promised swift auto-rickshaw pickups but also playfully alluded to the rapid reinstatement of Altman as OpenAI's CEO.
Namma Yatri to start charging Bengaluru auto drivers; SoftBank’s Arm set for year’s biggest IPO
Bengaluru’s Namma Yatri autodrivers won’t have a free ride anymore. The ride-hailing app, launched by a city autorickshaw union late last year to counter Uber and Ola, has announced subscription fees for drivers from September 1.
Mobility app Namma Yatri to start charging subscriptions from September
Auto rickshaw drivers in Bengaluru will have the option to either pay Rs 25 per day for unlimited trips, or Rs 3.5 per trip for up to 10 trips per day, beyond which the trips will be free.
Namma Yatri on ONDC fast lane, nets 20% of daily Bengaluru rides from rivals
Launched by SoftBank-backed Juspay, it is already undertaking an average of 30,000 auto rides a day, growing at 100% month on month, as per publicly available data.
Mobility drives highest number of transactions on ONDC: CEO Thampy Koshy
The network has facilitated 22,000 transactions so far till March 31. While retail accounts for 16,220 transactions, mobility (excluding Namma Yatri) accounts for 5,795 transactions owing to the Kerala Open Mobility Network (KOMN).
ONDC forays into mobility category: Onboards auto booking app Namma Yatri
ONDC, Beckn and Namma Yatri have announced a city-wide hackathon for citizens to participate and contribute towards mobility solutions. This event is open between March 23 and April 9, 2023 and aims to attract innovative sustainable mobility solutions.
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