When autorickshaws meet fintech

Namma Yatri, an app built on the Beckn protocol, could open new opportunities for fintech startups in urban transportation.

I don’t need to belabour the point that autorickshaw drivers are a key part of our urban transportation systems. Yet, historically, their welfare doesn’t seem to have received the attention it deserves. After all, who hasn’t had a conversation with an autorickshaw driver about how meagre their earnings are. 

In November last year, some autorickshaw drivers in Bengaluru began using an app called Namma Yatri to book rides and collect payments. While a majority of the drivers registered in November, user registrations and ride bookings have grown significantly in the last few weeks. 

The app, developed by online payments company …

Author

Advait Palepu

Advait is a financial journalist and a former writer at The Morning Context. Here, he wrote on India’s banks, the wider financial services industry and the fintech ecosystem. He has previously worked with the Economic and Political Weekly, Business Standard, BloombergQuint and MediaNama, where he covered everything from the Reserve Bank of India to fintech policy.

Writer

advait@mailtmc.com

Mumbai