Company Name : RailYatri
Funding Amount : Undisclosed
Investor(s) NandanNilekani
Funding Round : Not Disclosed
Nandan Nilekani, co-founder of Infosys and former Chairman of UIDAI has invested an undisclosed amount in RailYatri.
RailYatri 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, on-time history of a train and if your wait list ticket will get confirmed.
RailYatri’s recent forayed in digital transactional marketplace customized around train travel and now enables travelers book essential services such as premium onboard meals; bus tickets, budget rooms, etc.
RailYatri plans to launch an array of other services, which will make RailYatri app a one-stop destination for travelers in India.
In addition to Nilekani, RailYatri’s existing investors Helion Ventures, Omidyar Networks, and Blume Ventures have also participated in this round.