Nandan Nilekani, co-founder of Infosys and former Chairman of UIDAI has invested an undisclosed amount in RailYatri.
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 a statement.
"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.
RailYatri.in uses deep-analytics technology to make intelligent predictions that help travelers make smart decisions for their upcoming travel.
About RailYatri.in:The brainchild of seasoned experts from IITs and IIM – KapilRaizada, SachinSaxena; and Manish Rathi with over 20 years of engineering experience – RailYatri is changing the ecosystem of train travel in India. The intelligent travel appprovides the most comprehensive information on trains, passenger amenities at stations, platform information, speed of the train, personalized alerts, and much more via the mobile apps, mobile web and SMS.
“It’s not just the money which is key to the business, but the right kind of advisors are as important. We are honored to board Nandan Nilekani on our platform,” says Kapil Raizada, Co-Founder RailYatri.
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