Argus Partners is pleased to announce that it has advised Moving Tech Innovations Private Limited (Namma Yatri) on its convertible bridge fundraise from several investors, including Blume Ventures and Antler.

Moving Tech has raised INR 39.75 crore in this round, led by Juspay founder Vimal Kumar, with participation from Blume Ventures, Antler, Navin Dalmia, Plutus Investment Trust, Phi Investment Partners, and a group of angel investors.

This fundraise follows Moving Tech's USD 11 million raise from Blume Ventures, Antler, and Google in July 2024.

Moving Tech is a Bengaluru-based mobility technology company building digital platforms that help cities run fair, affordable, and reliable transport systems. The company develops and operates mobility applications that connect drivers, passengers, and public transport networks. Its flagship platform Namma Yatri began in Bengaluru and has grown into a widely used driver-first ride-hailing service. Moving Tech also powers large public mobility initiatives such as Bharat Taxi, as well as city and state platforms including Yatri Sathi (West Bengal), Kerala Savaari, Odisha Yatri, and Chennai One, which integrates multiple transport modes in a single app. Through partnerships with governments, transport authorities, and driver communities, Moving Tech aims to make urban mobility more accessible while improving livelihoods for drivers across India.

The team at Argus Partners advising Namma Yatri consisted of Anantha Krishnan Iyer (Partner) and Khushi Bhardwaj (Associate).