Infosys co-founder Nandan Nilekani has invested an undisclosed amount in train travel app, RailYatri.In. In addition to the former UIDAI chairman, RailYatri's existing investors Helion Ventures, Omidyar Networks and Blume Ventures have participated in this round, RailYatri said. In June last year, it had raised funds led by Helion Venture Partners along with Omidyar Network and existing investors Blume Ventures and Ujama. It did not disclose the sum it had raised. Till date, it has raised about $3 million.
“What excites me about RailYatri is the fact that this is a new-age product made by Indians for Indians. The RailYatri app, which intelligently harnesses the power of smartphones, data and mobile payments, has a huge opportunity of impacting the lives of millions of travellers,” Nilekani reasoned.