🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

DK
•

Ride • 1y

How does namma yatri make money? This don't add up. "it's a CSR initiative" the cost to run something at this scale is too much to be pure CSR. It has to make money somehow. "They will introduce credit for drivers" high risk, won't be enough revenu

Rajan Paswan

Honorary Mentions - ... • 1y

I read in one article "To reduce the map cost, the team switched from Google Maps to Open Street Maps thus lowering the cost of APIs"

DK
•

Ride • 1y

I checked open street map API, it's just raw geo data. Either they are using Google maps distance matrix, roads, places API fully (which they are doing looking at the source code) or they are making it in house which is massively complex, expensive a

Rajan Paswan

Honorary Mentions - ... • 1y

Yeah I am not from tech background can't fully understand it's inner workings. But for now they have only mentioned to charge that nominal fees from drives which we all know. There was one open mobility challenge hosted by Namma Yatri in 2023(I was also part of it) and one of its track was to "Map Cost Improvements" where Harsh Gupta and Sahana Gowda team won you can find them on LinkedIn reachout if they suggested some solution to this or atleast have a better understanding on this topic. You can find Harsh Gupta by just googling "Harsh Gupta Namma Yatri" he has mentioned he had won that hackathon.

1 Reply

Replies (1)

DK
•

Ride • 1y

Thank you for this valuable information

Recommendations from Medial

DK
•

Ride • 1y

How was experience for your last 3 rides with Namma Yatri? Please describe

26 Replies

Karan

Hey I am on Medial • 1y

Paytm eyes in ride hailing sector through ONDC.Two points to focus on: 1 Few days back we heard that Ola is also focusing to penetrate more in India . Where does this paytm move will end. Will he able to break the market? 2 Is this just a strategy t

10 Replies

Vishnu kumaran

Design guide for you... • 3m

How to Succeed in a Competitive Market? Are you someone who has a great idea but worried about big giants in the market? Success is still within reach. Take Namma Yatri as an example. Launched in November 2022 in Bengaluru, Namma Yatri reshaped rid

2 Replies

Sanskar

Keen Learner and Exp... • 12m

Namma Yatri is a ride booking app which is threatening the duopoly of Ola and Uber. Ola and Uber charges upto 30% commission from their drivers which means the driver has to pay ₹30/ride to the company if he earns ₹100/ride. And also the payment is

5 Replies

Niket Raj Dwivedi
•

Medial • 1y

Creator Program Winners April 2024: Hello Medial fam! We are here with the results of Medial Creator Program which was launched in April. (Do not confuse this as the Pitchers Competition which was our Digital Shark Tank, those results will come by M

99 Replies

Samridhi Kapoor

Creating, Innovating... • 1y

My Entrepreneurship Journey Starts At 16! When I was in 10th grade during COVID, my friends and I spent our days chilling and watching YouTube instead of studying. My parents loaned money to a friend who was starting a business. While discussing pa

12 Replies

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

When I Started to learn about startups I was wondering how bigger companies like zomato,Flipkart are lossing millions even though they are well known well established companies but I came to understand when our college organised a event where student

Rishi Chavan

Inquisitive • 5d

Remember Growfitter from Shark Tank? The app that rewarded you for just walking or working out a bit? Well, ever since Aman Gupta backed them, they’ve gone next level. Not just giving out basic rewards anymore — they’ve turned it into a full-blown f

3 Replies

anant

Nothing • 4m

Hi, Medial team just watched your pitch in shark tank india good pitch, and congrats on getting the funding. it is an app where you never know what u r building and you are open to ideas it is a perfect fit for the app. when a person in front of you

Ansh Kadam

Founder & CEO at Bui... • 4m

This Norwegian guy launched one of the first car-sharing companies in the Middle East. Meet Vilhelm Hedberg, the founder and CEO of Ekar, the Middle East’s largest self-drive personal mobility company. Vilhelm was born in Caracas, Venezuela, to Nor