It said the momentum which started at the beginning of the 3Q of FY23 continued at pace with the 3Q of FY24 beating all records and reaching an all-time high.

Gross bookings or the value of fares and orders paid by users of the platform jumped to an all-time high of Rs. 27 billion for the 9 months ended 31 December 2023.

During the 3QFY24 the transaction volumes grew 140% YoY, while the user base grew by 100% YoY.

Apart from the driver base and the customer base on the platform being at an all-time high in 3QFY24, their engagement levels have been at healthy levels. This has directly contributed to the reliability and service levels on the platform improving.