RailYatri.in, the train travelling consumer app startup, has raised fresh funding with participation from all its existing investors including Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures. This round comes on the back of the round which the company had raised in March this year. With this fresh funding, RailYatri.in is looking at aggressively pushing towards growth and new services to enrich the traveling experience of travellers.
“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,” says Manish Rathi, CEO & Co-founder RailYatri.in. “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”, he added. RailYatri.in uses deep-analytics technology to make intelligent predictions that help travelers make smart decisions for their upcoming travel. The app uses a traveler's mobile GPS to predict a train's delay, in addition to platform number, coach position, and on-time history of a train and wait list confirmations. “My ongoing interaction 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,” added Nandan Nilekani.