Taxina Mobility's Revolutionary Ride-Hailing Model Gains Rs 15 Million Boost

Taxina Mobility Pvt Ltd secured Rs 15 million from Navyug Global Ventures, bolstering its sustainable ride-hailing model. Offering a subscription model, it enhances transparency for drivers and passengers. The partnership aims to expand the ecosystem across India and internationally, promoting fairness and entrepreneurial opportunities in the transport sector.

Ride-hailing startup Taxina Mobility Pvt Ltd has received a significant financial boost of Rs 15 million from city-headquartered Navyug Global Ventures Pvt Ltd. The investment will help the company create a fair and empowering environment for both drivers and passengers, ushering in a new era of ride-hailing services.

Taxina Mobility offers a subscription-based model, which allows drivers to earn a stable income without worrying about daily deductions. This approach fosters fairness and transparency, eliminating commissions and promoting entrepreneurship amongst drivers. The strategic partnership will enable the expansion of this model across India and internationally.

Navyug Global Ventures' investment is seen as a pivotal move in enhancing Taxina's reach and effectiveness in the competitive transport sector. Co-Founder and MD, Pinku Bharathi expressed excitement over the collaboration, emphasizing the potential for growth and innovation in the ride-hailing industry.

(With inputs from agencies.)