Homegrown Namma Yatri app raises $11 mn with Google as investor

Namma Yatri Secures $11M Funding, Aims to Revolutionize Mobility

In a significant stride for the Indian mobility sector, Bengaluru -based Moving Tech, the parent company of the community-led mobility app Namma Yatri, has announced a successful pre-Series A funding round. The company has raised a substantial $11 million, equivalent to about Rs 92 crore, in this round. Jul 16, 2024
COAI urges Centre to reduce tax burden on telcos in Union Budget

Union Budget 2024-25: Telecom Sector association seeks Tax Relief for cellular operators

The Cellular Operators Association of India (COAI) has recently called upon the Indian government to alleviate the tax burden on telecom service providers (TSPs) in the forthcoming Union Budget 2024-25. The COAI believes that this move will significantly bolster the financial health of the telecom sector, which is currently wrestling with a multitude of challenges. Jul 10, 2024