• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 18, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

RailYatri Gets Backing From Infosys Co-Founder Nandan Nilekani

by Nitin Konde
April 27, 2016
in Business, News
Reading Time: 2 mins read
0
RailYatri Gets Backing From Infosys Co-Founder Nandan Nilekani
TwitterWhatsappLinkedin

Nandan

You might also like

Zuckerberg, Meta Directors Settle $8 Billion Privacy Trial

Samsung Chairman Jay Y. Lee Cleared in 2015 Merger Case

Microsoft Salaries Revealed, AI Teams Earning More Than Ever Amid Strategic Shift

27 April, 2016, New Delhi: According to the recent media reports, Co-Founder of Infosys, Nandan Nilekani has invested an undisclosed amount in RailYatri.in, a train travel app. Company revealed in the statement, “In addition to the former UIDAI chairman, RailYatri’s existing investors Helion Ventures, Omidyar Networks and Blume Ventures have participated in this round.”

Till now, company has managed to rake around US $3 million funding. Last year, it had raised funding from Helion Venture Partners along with Omidyar Network and its existing investors Blume Ventures and Ujama. That time too, company had put covers on the raised amount and didn’t disclose in media about the exact amount it had received.

Speaking on the investment, Nilekani said, “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.”

RailYatri.in helps the travellers to plan their upcoming travel with the help of its app. It uses deep-analytics technology which makes intelligent predictions that enable the travellers to plan their visits. The app uses a traveller’s mobile GPS to predict a train’s delay, in addition to platform number, coach position, on-time history of a train and if the waitlisted ticket will get confirmed.

“We are honoured to have Nandan Nilekani as our investor. His passion and success in using technology to transform lives for the common man – be it in Aadhar project which recently crossed a billion registrations or the recent Unified Payment Interface (UPI) – has been truly inspirational,” said Kapil Raizada, Co-Founder, RailYatri.in.

Also Read-

Axilor Invests In MUrgency Inc.

Ola ‘Micro’ Adds Another 48 Cities On Its List In India; Claims To Out-Run Uber

Tags: Blume VenturesHelion VenturesInfosysKapil RaizadaNandan NilekaniOmidyar NetworksUIDAIUjamaUnified Payment Interface
Tweet54SendShare15
Previous Post

Axilor Invests In MUrgency Inc., The Company Building One Global Emergency Response Network

Next Post

RIL May Introduce Its 4G Services In Three Months

Nitin Konde

Recommended For You

Zuckerberg, Meta Directors Settle $8 Billion Privacy Trial

by Anochie Esther
July 18, 2025
0
Zuckerberg

In a sudden twist that ended what could have been a landmark courtroom showdown, Meta Platforms CEO Mark Zuckerberg and several current and former directors reached a settlement...

Read more

Samsung Chairman Jay Y. Lee Cleared in 2015 Merger Case

by Anochie Esther
July 18, 2025
0
Lee

In a pivotal ruling that removes a significant legal overhang, South Korea’s Supreme Court on July 17 cleared Samsung Electronics Chairman Jay Y. Lee of all charges related...

Read more

Microsoft Salaries Revealed, AI Teams Earning More Than Ever Amid Strategic Shift

by Anochie Esther
July 18, 2025
0
Microsoft

Amid significant layoffs and an aggressive pivot to artificial intelligence, Microsoft finds itself under the spotlight once again this time not for job cuts or corporate strategy, but...

Read more
Next Post
RIL May Introduce Its 4G Services In Three Months

RIL May Introduce Its 4G Services In Three Months

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?