Namma Yatri turns city-level Ebdita positive in core markets; launches welfare fund for drivers

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Bengaluru-based ride-hailing platform Namma Yatri is now city-level Ebdita positive in its core markets, including the Karnataka capital, and plans to scale services further, cofounder and COO Shan M S told ET on Wednesday.

“ The idea is to have sustainable growth. In the core markets where we are operating, like Bengaluru, we are already city-level Ebdita positive,” Shan M S, cofounder and COO of Namma Yatri, told ET at the second edition of Namma Sarathi Sangama on Wednesday.

He added that the platform has seen consistent month-on-month growth…



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Namma Yatri turns city-level Ebdita positive in core markets; launches welfare fund for drivers



Bengaluru-based ride-hailing platform Namma Yatri is now city-level Ebdita positive in its core markets, including the Karnataka capital, and plans to scale services further, cofounder and COO Shan M S told ET on Wednesday.

“ The idea is to have sustainable growth. In the core markets where we are operating, like Bengaluru, we are already city-level Ebdita positive,” Shan M S, cofounder and COO of Namma Yatri, told ET at the second edition of Namma Sarathi Sangama on Wednesday.

He added that the platform has seen consistent month-on-month growth…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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