Namma Yatri: Disrupting the Ride-Hailing Industry by Empowering Drivers and Setting a New Standard for Transparency
Launched in 2022, Namma Yatri has transformed the ride-hailing industry by prioritizing drivers instead of imposing high commissions.
2 Lakh Crores Revenue ๐ฅถ from single event and investment is only 8 thousand crore
10000X returns ๐
9 replies14 likes
Mahendra Lochhab
Content creatorย โขย 1m
Reliance Industries net profit in Q3FY25 has increased by 7% year on year to โน18,540 crore and revenue has increased by 6.7% YoY to โน2.43 lakh crore.
I'm baffled how namma yatri makes money?
Considering a driver takes on average 10 trips a day that's 2.5 Rs per trip
One drop location search can cost from 0.6 to 1.5 Rs and 50% of searches never make a trip. If they use accurate ETA for matching
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
**Tax Revenue Hits Record Highs** ๐
The governmentโs net direct tax collection, post-refunds, surged 15.4% to โน12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching โน15.02 lakh crore. ๐ฐ
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Hiral Jain
Content writerย โขย 1m
In the financial year 2025, the direct tax revenue has hit an impressive โน16.9 lakh crore! Hereโs the breakdown:
- Personal tax contributes โน8.7 lakh crore
- Corporate tax is at an astounding โน27.7 lakh crore
- Securities transaction tax stands at โน
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Chamarti Sreekar
Passionate about Pos...ย โขย 11d
SolarSquareโs Losses Surge Despite Revenue Growth in FY24
Rooftop solar provider SolarSquare saw a 63.5% YoY revenue growth in FY24, reaching โน175 crore. However, its losses jumped 2.3X to โน69 crore due to rising costs.
Revenue from operations grew