Navyug Global Ventures Backs Taxi’na to Re volutionize Ride-Hailing industry
·TAXINA MOBILITY PRIVATE LIMITED (Tax i’na), a tech driven mobility solutions start-up has secured INR 15 million in funding fr om Chennai headquartered Navyug Global Ventures and its contacts
· Taxi’na’s revolutionary subscription mo del offers a franchise-like opportunity for drive rs with robust entrepreneurial ecosystem, b acked by Navyug Global.
India, March 24th, 2025 – Taxi’na, a tech-dr iven mobility solutions start-up, has raised INR 15 million in funding from Navyug Glob al Ventures, headquartered in Chennai. This strategic investment will enable Taxi’na sca le its unique, sustainable ride-hailing model , creating a level playing field for both driver s and passengers while empowering happy micro-entre preneurs in the sector. With th is backing, Taxi’na is poised to redefine the ride-hailing industry with a focus on comple te transparency, fairness and entreprenurial opportunities.
Taxi’na’s unique subscription model is desig ned to completely transform the way drive rs and passengers experience the ride-haili ng ecosystem. Unlike traditional models th at leave drivers guessing a bout their earni ings after commissions a nd daily deductio ns, Taxi’na offers a fran chise-like opportun ity. Drivers simply pay a fixed monthly subs cription fee, which grants them unlimited ac cess to the full Taxi’na ecosystem and tech nology, w ith no hidden deductions or surpri se feees. This approach eliminates the daily un certainty about take-home pay, giving dr ivers complete clarity and peace of mind.
For drivers, this is a game-changer. They no longer need to worry about fluctuating com missions or performance targets that can d iminish their earnings. By opting into the su bscription model, they can focus on what m atters most—providing excellent service an d earning consistent income without the da ily stress of unpredictable deductions. They are empower red to work on their terms, all owing the m to earn a better livelihood whil e providing the highest quality service.
In addition to this, Taxi’na focuses on creat ating an ecosystem that fosters mutual res pect between drivers and passengers. With transparency at the core of the service, pas sengers know exactly what they’re paying f or, including upfront quotes , vehicle detail s, arrival times, and driver information. This removes the uncertainty and stress typicall y associated with ride-hailing, leading to a more relaxed a nd positive experience for the passenger.
Mr. Nikhil Chandan MD & CEO of Navyug Gl obal Ventures said, “Taxi’na has developed a sustainable model consisting of a ride-ha iling app and a supportive ecosystem. This model achieves fairness am ong all drivers by eliminating commissions and targets, fo cusing on delivering t ransparent pricing, n urturing healthy competition among driver rs, and safeguarding end-user interests. W e have witness ed remarkable achievemen ts by the Taxi’na team, and we are confident that the leadership of Pinku, Vel Murugan, Bharath, and Subha will address the tech an d digital divide in the sector, creating an eve n more efficient and user-friendly experienc e for everyone involved.”
Mr. Pinku Bharathi, Co-Founder & MD of Tax i’na, “The ride-hailing industry in India is at a crucial turning point, and a sustainable ec osystem is now essential. By addressing th e issues faced by drivers,w ho are the back bone of the industry, we ensure that passen gers enjoy a superior and safe ride-hailing e xperience. When drivers are financially sec ure and stress-free, they’re able to provide quality service, and when passengers feel respected and well-informed, they’re more likely to be satisfied. This mutual respect is at t he heart of the Taxi’na experience, ensu ring that both drivers and passengers are h appy and engaged throughout every ride. W ith our subscription-based mode l, drivers n o longer have to worry about fluctuating co mmissions, but instead can focus on boosti ng their earnings and providing exceptional service. This empowerment is key to creati ng a thriving ecosystem for everyone.”
“We are thrilled to partner with Nikhil Chand an’s Navyug Global Ventures. We see them as a strategic ally, bringing invaluable exper tise and resources that will enable us to exp and this ecosystem acros s India and beyon d. Together, we aim to harness the entrepre neurial spirit of our drivers, provide them wi th the opportunities they need and create a seamless, fair, and sustainable ride-hailing model.” he concluded.
Navyug Global Ventures, led by Nikhil Chan handan, specializes in strategic investment s in next-gen businesses that are transfomi ng industries. With a strong focus on sustai nable transportation systems, auto finance and electric mobility, Navy ug Global Ventur es’ investment will enable Taxi’na to rapidly scale its unique mo del across India and int ernationally. The partnership will help drive the impleme ntation of Taxi’na’s tech ecosy stem and subscription model, allowing it to reach new heights and set new standards in the ride-hailing space.
About Taxina- Taxina Mobility Private Limit ed is a DPIIT-recognized startup revolutioni zing India’s ride-hailing ecosystem with a z ero-commission model, ensuring drivers ke ep 100% of their earnings while offering fair pricing to passengers . Unlike traditional pl atforms, Taxinaem powers drivers, promot es transparency, and builds a sustainable m obility ecosystem. We are officially recogni zed by the Government of Tamil Nadu and t he only platform with an LOI to operate auto ser vices in Chennai. With 45,000+ drivers a nd 75,000+ passengers, we currently operat e in Chennai, Salem, Tiruppur, Erode , and C oimbatore. More than just a ride-hailing ap p, Taxina is creating a fair, tech nology-driv en, multi-modal transport ecosystem that b enefits both drivers and passengers across India.
About Navyug Global Ventures-
Navyug Global Ventures, led by Nikhil Chan an, is a strategic venture capital firm that p artners with visionary entrepreneurs buildin g the businesses of the fu ture. As a true gr owth catalyst, the firm goes beyond capital—offering hands-on support, strategic guid ance, and a powerful network to accelerate each venture e’s journey from idea to indust ry leadership. Headquartered in Chennai, N avyug Global Ventures is driven by a strong be lief in collaborative success and a found er-first philosophy that empowers entrepre eneurs to scale with confidence and clarity.
The firm focuses its investments on high h-potential startups across key sectors such as technology, fintech, electric mobility, and FMCG, with a sharp emphasis on innovation ,impact, and long-term value creation. With a deep commitment t o building enduring c ompanies, Navyug Global Ventures position s itself not just as an investor, but as a trust ted partner and success catalyst—turning b old visions into lasting success stories.