Rail Yatri gets backing from existing investors
Train traveling consumer app startup, Rail Yatri has raised a fresh round of funding from its existing investors—Nandan Nilekani, former chairman UIDAI, Helion Ventures, Omidyar Partners and Blume Ventures. The details of the funding are not disclosed; earlier the startup raised their funding in March.
RailYatri aims to serve its passengers with inclusive and comprehensive information that helps in making informed decisions, thus simplifying the train travels. Projected as a premier portal for Indian Railways train travelers, the team strives to be the fastest, mobile-friendly site that answers all the train travel queries in a few taps. A comprehensive hub of train travel information that dedicatedly works to give its users insightful information, all under one roof, to help them plan and take their train travel decisions in a better way.
Set up by Kapil Raizada, Sachin Saxena and Manish Rathi, the app uses a deep analytical technology to predict a train’s delay, in addition to platform number, coach position, on-time history of a train and waiting list confirmations.