{"id":834289,"date":"2024-07-18T11:34:10","date_gmt":"2024-07-18T06:04:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=834289"},"modified":"2024-07-18T11:34:10","modified_gmt":"2024-07-18T06:04:10","slug":"google-invests-in-indian-open-source-app-namma-yatri-that-rivals-ola-uber-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/18\/google-invests-in-indian-open-source-app-namma-yatri-that-rivals-ola-uber-report\/","title":{"rendered":"Google invests in Indian open-source app Namma Yatri that rivals Ola, Uber: Report"},"content":{"rendered":"<p>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). <\/p>\n<p>Namma Yatri does not charge commission fees unlike Uber and Ola but it connects customers with auto-rickshaws and cab drivers for a small monthly fee from its driver partners. Uber and Ola charge drivers 25 per cent-30 per cent of the ride cost and have not joined the ONDC network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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). Namma Yatri does not charge commission fees unlike Uber and Ola but it connects customers with auto-rickshaws and cab drivers for a small monthly fee from its driver partners. Uber and Ola charge drivers 25 per cent-30 per cent of the ride [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-834289","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=834289"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/834289\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=834289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=834289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=834289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}