Train travel app RailYatri raises funds Nandan Nilekani, Helion ventures and others
RailYatri.in is a Noida based web and mobile travel app and has worked with Indian Railways to power their National Train Enquiry System (NTES) and enable them to distribute train related running information through their portal at TrainEnquiry.com which provides train running information to the passengers.
Founded by Manish Rathi, Kapil Raizada and Sachin Saxena in 2011, RailYatri is a crowdsourced platform for train- and travel-related services. It provides comprehensive information on train status, reservation status, seat availability, amenities, disruptions etc.
As per the latest information, RailYatri has raised an undisclosed amount of funding from existing investors including Nandan Nilekani, Helion Ventures, Omidyar Partners, and Blume Ventures.
Speaking on the occasion, Manish Rathi, CEO and co-founder, RailYatri mentioned,
“We have witnessed an unprecedented organic growth over the last several months and are quickly moving in the direction of becoming the largest travel app in the country. In many ways, such an enthusiastic participation from our investors revalidates our strong value proposition to the largest travel segment in India. Over the next 12 months we plan to establish RailYatri as a household name across the country.”
To add to this Nandan Nilekani, former Chairman, UIDAI, mentioned,
“My ongoing interactions with the extended RailYatri team has made me all the more excited about the impact which RailYatri can bring in using smart combination of mobile, data, payments and analytics to the common man in India. Their prediction algorithms are already delivering time & money savings for the travellers.”
RailYatri is a one stop solution that furnishes an expanse of data-based travel discovery at your disposal. So get connected for an inclusive Rail journey information experience. The raised funds will be used to enhance the company’s growth and introduce new services on its platform.