Prøve GULL - Gratis

NAMMA YATRI: DRIVING A MULTIMODAL PLAY

Mint Hyderabad

|

October 14, 2025

With rivals adopting its no-commission model, the commuting app is looking for a new moat

- Sakshi Sadashiv

NAMMA YATRI: DRIVING A MULTIMODAL PLAY

File photo of Namma Yatri's chief operating officer Shian M.S. (left) and chief executive officer Magizhan Selvan.

(SAKSHI SADASHIV/MINT)

For Priya Ramesh, a denizen of Bengaluru, the daily commute to work didn't start at the door, but on a screen, well before she stepped out. She always had three apps open: Uber, Ola and Rapido, the trinity that ruled mobility in the city. Fares would fluctuate, drivers cancel, and autos tease from the edge of the map never to arrive, in an ouroboros of hope and cancellation.

And then, in November 2022, Namma Yatri, another icon, in the mustard yellow and green livery of the city's autos, found its way onto Priya's home screen. The app seemed very modest but its promise was audacious: no commissions. For drivers, it meant they would pocket every rupee. For commuters, it meant less chances of cancellations and short wait times. And for ride-hailing operators, it was a shot across the bow-one they couldn't ignore, and eventually had to follow (the holdout, Uber, finally bit the bullet last week).

Namma Yatri was born out of the restlessness of Bengaluru's auto drivers, who had gone hoarse crying foul about their earnings being shaved by commissions, and their fares being dictated by algorithms. The Auto Rickshaw Drivers Union (ARDU), weary of this forced compromise, wanted a way to reclaim control. Namma Yatri was the alternative the drivers had been longing for.

Behind the upstart app was the heft of Juspay, a Bengaluru payments company that already ran the rails for millions of digital transactions, and the architecture of Beckn, the open protocol co-created by Nandan Nilekani to keep digital markets free from monopoly.

"The core belief was simple that the people doing the real work should take home most of what the customer pays. That's where it all started," said Shan M.S., Namma Yatri's co-founder.

FLERE HISTORIER FRA Mint Hyderabad

Mint Hyderabad

Nestlé India chief drives tech-led reboot

Nestlé India's new chairman wants to leverage tech to improve end-to-end efficiency, and not just in the company's factories, supply chain or sales

time to read

3 mins

December 11, 2025

Mint Hyderabad

Mint Hyderabad

Investments in REITs and InvITs could drive India's infra build-up

Let's aim to unlock $1 trillion in global funds that can go into these trusts in support of our long-horizon development goals

time to read

3 mins

December 11, 2025

Mint Hyderabad

SBI MF looks to pick bankers for IPO

SBI Mutual Fund, India’s biggest fund house, has initiated the process for the appointment of merchant bankers and other service providers to facilitate an initial public offering (IPO).

time to read

1 min

December 11, 2025

Mint Hyderabad

ReNew eyes dollar bond to pay off debt

ReNew Energy Global PLC(REGP) is preparing to tap global debt markets with plans to raise over $500 million through dollardenominated bonds to refinance a large portion of its upcoming maturities, according to two people in the know.

time to read

2 mins

December 11, 2025

Mint Hyderabad

Mint Hyderabad

Why new service road rules will raise costs

India’s highway projects are set to become more expensive after the government mandated that service roads and slip roads must be built to the same standards as the main carriageways.

time to read

2 mins

December 11, 2025

Mint Hyderabad

Mint Hyderabad

AT HOME AND AT SCHOOL, AI IS TRANSFORMING CHILDHOOD

It brings many benefits, but also hidden dangers

time to read

7 mins

December 11, 2025

Mint Hyderabad

Mint Hyderabad

Nadella steps up AI pitch as Big Tech's India race heats up

Microsoft also committed $17.5 bn for India AI infrastructure; skill 20 mn people in four years

time to read

3 mins

December 11, 2025

Mint Hyderabad

Meesho lists at over 53% premium

E commerce firm Meesho made a strong debut on the stock exchanges on Wednesday and listed at over a 53% premium against the issue price of ₹111, taking the company’s market valuation to ₹77,000 crore.

time to read

1 min

December 11, 2025

Mint Hyderabad

Mint Hyderabad

Regulator opens $177 bn pension pool to wider investments

India’s pension regulator has broadened investment opportunities for National Pension System (NPS) fund managers, allowing deeper participation in equities, bonds and alternative assets as part of a sweeping update to investment norms.

time to read

1 min

December 11, 2025

Mint Hyderabad

Mint Hyderabad

India eyes WHO audit boost to global pharma reputation

The audit would aim at detecting specific strengths and weaknesses to make system foolproof

time to read

2 mins

December 11, 2025

Listen

Translate

Share

-
+

Change font size