RailYatri raises fresh funding from existing investors to improve in-train experience

By : |October 20, 2016 0

Noida-based Stelling Technologies Pvt Ltd that runs RailYatri.in, which provides real-time information regarding trains in India through its mobile app, has announced a fresh funding round from all its existing investors—Nandan Nilekani, Helion Ventures, Omidyar Partners, and Blume Ventures. The amount of funding was undisclosed.

This funding comes on the back of a previous round which the company raised earlier this March. With this fresh funding, RailYatri will be now looking to aggressively push growth and offer new services to enrich the in-train experience of travelers.

“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.in as a household name across the country,” said Manish Rathi, CEO & Co-founder RailYatri.in.

RailYatri, that was founded in 2011 by Manish Rathi, Kapil Raizada, and Sachin Saxena provides the most comprehensive information on trains, passenger amenities at stations, platform information, the speed of the train, personalized alerts via the mobile app, mobile web, and SMS.

The app uses deep-analytics technology to make intelligent predictions that help travelers make smart decisions. The app uses a traveler’s mobile GPS to predict a train’s delay, in addition to platform number, coach position, on-time history of a train and wait for list confirmations.

Nandan Nilekani, former Chairman of UIDAI, who participated in this round, said, “My ongoing interactions with the extended RailYatri team has made me all the more excited about the impact which RailYatri can bring in using a 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 travelers.”

It also offers services such as Railway Alert System, Live Train Station, Arrival/Departure, PNR Status, Rail Wisdom, Time Table, Trains between Stations, Platform Locator, and Seat Availability. Recently, it also introduced meal booking on the train.

No Comments so fars

Jump into a conversation

No Comments Yet!

You can be the one to start a conversation.