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Founded in 2022, Namma Yatri aims to improve urban transport in India, prioritising convenience and welfare for drivers and passengers alike. At the heart of Namma Yatri’s disruptive approach is a simple yet revolutionary concept: a zero-commission model that ensures 100% of the fare goes directly to the drivers. Namma Yatri’s key core values are community-first, emphasising the collaboration of citizens and drivers to create a prosperous, equitable and sustainable environment.

TA Associates and Silversmith Capital Partners consider selling part of their ownership in Appfire, which could be worth over $2 billion. JPMorgan Chase and Lazard have been engaged to advise on the potential sale of up to a 60% stake, with the possibility of the current owners retaining a portion of their investment.